Commercial Real Estate Market in Oakley, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
15 active listings and 18 off-market properties in Oakley, UT.
Market Trends
Oakley, UT spans 126.3 square miles in Summit County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Oakley, UT asks $719/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail vacancy in Oakley, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Oakley, 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 Oakley, 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
- Industrial 74.3%
- Commercial 10.8%
- Residential 7.2%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Agricultural Residential 40
Agricultural Residential 5
Public Facilities
Commercial Residential 2
Agricultural Forestry 100
Oakley, UT zones 4,524 acres across 10 districts. Commercial zoning covers 10.8% of zoned land, residential 7.2% and industrial 74.3%. The largest single district is Agricultural Residential 40 at 46.4%. For commercial buyers the practical constraint is that only 85.1% of land carries a commercial or industrial designation.
Agricultural Residential 40 (AR-40)
Residential-40 (AR-40) Agricultural Forestry - 100 (AF -100) Commercial (C) Light Manufacturing and Industrial (LM) Village Mixed-Use (VM) Public Facilities (PF) Sensitive Lands Overlay (SLO) 13-4-2 Community Residential-2 (CR-2) A. District Intent: In some central designated areas, higher density and multi -family 25 residential buildings may be established…
Market overview
Demographics & Economy
Oakley, UT has 1,473 residents in 1,403 households. Density runs 12 people per square mile. Median household income here is $100,089 and median gross rent $2,425 a month.
1,473
Population
1,403
Households
1
Avg Household Size
37
Median Age
36%
College-Educated
95%
High-School Grad
126.3 sq mi
ZIP Area
12
Density / Sq Mi
$100,089
Median Household Income
$52,957
Median Earnings
$2,425
Median Rent
$642,400
Median Home Value
Tools
Frequently Asked Questions
How much does it cost to lease commercial space in Oakley?
Asking lease rates in Oakley, UT average $16.43 per square foot per year.
What zoning applies to commercial property in Oakley?
Oakley, UT zones 4,524 acres across 10 districts, of which 10.8% is commercial and 74.3% industrial. The largest single district is Agricultural Residential 40 at 46.4% of zoned land. Residential-40 (AR-40) Agricultural Forestry - 100 (AF -100) Commercial (C) Light Manufacturing and Industrial (LM) Village Mixed-Use (VM) Public Facilities (PF) Sensitive Lands Overlay (SLO) 13-4-2 Community Residential-2 (CR-2) A. District Intent: In some central designated areas, higher density and multi -family 25 residential buildings may be established… Residential zoning covers 7.2% and open space 0%.
Where does Realmo's Oakley market data come from?
Realmo compiles Oakley, UT figures from 14 active sale listings, 1 active lease listings, 18 tracked off-market properties, the current Oakley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 1 active for-lease listings in Oakley, 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: 4,524 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
