Commercial Real Estate Market in Hyrum, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
14 active listings and 8 off-market properties in Hyrum, UT. Commercial property asks $1,446/SF to buy and $11.04/SF/Yr to lease.
Market Trends
Hyrum, UT spans 101.4 square miles in Cache County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Hyrum, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Hyrum, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Hyrum, UT runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Hyrum, UT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 65.5%
- Industrial 20.5%
- Residential 5.8%
- Civic 4.5%
- Open space 2.4%
- Commercial 1.3%
Largest Zones share of zoned land by district
Residential Family
Manufacturing Medium To Heavy
Residential Agricultural
Residential Single Family
Commercial Highway
Residential Family (R-2)
Zones R-1 And R-2 17.30 Residential Zone R-2A 17.32 Residential Zone R-3 17.34 Reserved 17.36 Residential Zone R-5 17.38 Residential Agricultural Zone RA 17.45 Commercial Zone C-2 17.48 Light Manufacturing Zone M-1 17.49 Manufacturing Zone M-2 17.50 Professional Technology Park PT 17.60 Planned Unit Development 17.61 Reserved 17.62 Short-Term Rental 17.64 Ag…
Market overview
Demographics & Economy
Hyrum, UT has 9,570 residents in 3,216 households. Density runs 94 people per square mile. Median household income here is $86,103 and median gross rent $971 a month.
9,570
Population
3,216
Households
3
Avg Household Size
28
Median Age
32%
College-Educated
92%
High-School Grad
101.4 sq mi
ZIP Area
94
Density / Sq Mi
$86,103
Median Household Income
$41,266
Median Earnings
$971
Median Rent
$375,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Providence | — | — |
| Logan | — | $18.75 |
Commercial property in Hyrum, UT asks $1,446/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hyrum?
Commercial property in Hyrum, UT asks an average of $1,446 per square foot.
How much does it cost to lease commercial space in Hyrum?
Asking lease rates in Hyrum, UT average $11.04 per square foot per year.
Where does Realmo's Hyrum market data come from?
Realmo compiles Hyrum, UT figures from 10 active sale listings, 4 active lease listings, 8 tracked off-market properties, the current Hyrum zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 4 active for-lease listings in Hyrum, UT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,414 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
