Commercial Real Estate Market in Fife, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
50 active listings and 480 off-market properties in Fife, WA. Commercial property asks $996/SF to buy and $17.00/SF/Yr to lease.
Market Trends
Fife, WA spans 6.3 square miles in Pierce County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Fife, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Fife, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Fife, WA 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 Fife, WA 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 43.5%
- Civic 25.7%
- Planned_development 14.4%
- Commercial 11.8%
- Residential 3.1%
- Mixed use 1.6%
Largest Zones share of zoned land by district
Industrial
Civic Facilities Restoration
Medium Density Residential
Regional Commercial
City Center North
Industrial (I)
Purpose. § 19.46.020 Permitted uses. § 19.46.030 Accessory uses. § 19.46.040 Conditional uses. § 19.46.045 Prohibited uses. § 19.46.050 Development standards. § 19.46.060 Performance standards. Chapter 19.48 INDUSTRIAL (I) DISTRICT § 19.48.010 Purpose. § 19.48.020 Permitted uses. § 19.48.030 Accessory uses. § 19.48.040 Conditional uses. § 19.48.045 Prohibite…
Market overview
Demographics & Economy
Fife, WA has 12,132 residents in 4,558 households. Density runs 1,927 people per square mile. Median household income here is $93,633 and median gross rent $1,836 a month.
12,132
Population
4,558
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
6.3 sq mi
ZIP Area
1,927
Density / Sq Mi
$93,633
Median Household Income
$52,250
Median Earnings
$1,836
Median Rent
$497,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milton | — | — |
| Edgewood | — | — |
| Puyallup | — | $27.00 |
Commercial property in Fife, WA asks $996/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fife?
Commercial property in Fife, WA asks an average of $996 per square foot. The 7 most recent recorded sales traded at a median of $1,331/SF.
How much does it cost to lease commercial space in Fife?
Asking lease rates in Fife, WA average $17.00 per square foot per year.
Where does Realmo's Fife market data come from?
Realmo compiles Fife, WA figures from 8 recent recorded sales, 9 active sale listings, 41 active lease listings, 480 tracked off-market properties, the current Fife zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 41 active for-lease listings in Fife, WA. 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: 3,177 zoned acres across 12 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 · report a data issue
