Commercial Real Estate Market in Santaquin, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
33 active listings and 106 off-market properties in Santaquin, UT. Commercial property asks $62,256/SF to buy and $57.00/SF/Yr to lease.
Market Trends
Santaquin, UT spans 46.3 square miles in Utah County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Santaquin, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Santaquin, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Santaquin, 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 space in Santaquin, UT asks $254/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44.8%
- Planned_development 7.6%
- Commercial 5.9%
- Mixed use 2.1%
- Industrial 2.1%
Largest Zones share of zoned land by district
Planned Community
Single Family 10000 Square Feet Lots
Residential Agriculture
Core Area Residential 8000 Square Feet Lots
Public Facilities
Planned Community (PC)
This district is established to permit and encourage the development of comprehensively planned communities, with a minimum of eight hundred contiguous acres of land under one ownership or control
Market overview
Demographics & Economy
Santaquin, UT has 15,287 residents in 4,721 households. Density runs 330 people per square mile. Median household income here is $97,003 and median gross rent $1,165 a month.
15,287
Population
4,721
Households
3.2
Avg Household Size
26
Median Age
26%
College-Educated
94%
High-School Grad
46.3 sq mi
ZIP Area
330
Density / Sq Mi
$97,003
Median Household Income
$42,418
Median Earnings
$1,165
Median Rent
$443,300
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Santaquin?
Commercial property in Santaquin, UT asks an average of $62,256 per square foot. Multifamily carries the highest asking price at $254/SF.
How much does it cost to lease commercial space in Santaquin?
Asking lease rates in Santaquin, UT average $57.00 per square foot per year.
Where does Realmo's Santaquin market data come from?
Realmo compiles Santaquin, UT figures from 27 active sale listings, 6 active lease listings, 106 tracked off-market properties, the current Santaquin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 6 active for-lease listings in Santaquin, 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: 6,755 zoned acres across 20 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
