Draper, UT
Commercial Real Estate Market Trends & Data

$404 Avg asking sale price
$740 Avg asking lease rate
16,652 SF Avg unit lease size
34,990 SF Avg building size for sale
6.17% Average cap rate

Draper's Demographic Profile

Draper has 16,644 households and a median income of $121,612, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 55,686
# Households 16,644
Median age 36
Median household income $121,612
Avg household size 3.0
Renter-occupied housing units 4,830
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Draper, UT

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Draper $372 16,717 SF 7.00%
Bluffdale $346 18,943 SF 7.00%
Lehi $343 13,952 SF 7.78%
Riverton $344 14,034 SF 7.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Draper $477 32,821 SF 7.00%
Bluffdale $416 9,801 SF 7.00%
Riverton $416 10,465 SF 7.00%
Sandy $280 15,491 SF 9.63%
Nearby Retail Markets Avg Cost/SF Typical Size
Draper $486 15,068 SF
Bluffdale $539 20,664 SF
Lehi $593 7,398 SF
Riverton $469 18,872 SF
Sandy $320 10,837 SF

Commercial Properties For Sale in Draper

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

856 E 12300 S

Draper, UT 84020

  • 5,040 SF Office Building
  • 6.00% Cap Rate
  • $2,352,000
For Sale

Bahama Bucks

Draper, UT 84020

  • 3,209 SF Retail Building
  • $2,500,000
For Sale

10808 S 300 W

South Jordan, UT 84095

  • 15,201 SF Office Building
  • $3,900,000
For Sale

698 E 12100 S

Draper, UT 84020

  • 0.71 AC Lot
  • 1 Commercial Lot
  • $775,000
For Sale

217 E Scenic Peak Cv

Draper, UT 84020

  • 7,900 SF Health Care Building
  • $1,900,000
For Sale

Wasatch Corporate Center Bldg 17

Draper, UT 84020

  • 75,400 SF Office Building
  • $12,800,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Draper pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Draper $404 34,990 SF
Bluffdale $429 20,069 SF
Highland $446 11,541 SF
Lehi $479 79,077 SF
Riverton $405 13,609 SF

Multifamily Properties For Sale in Draper

For Sale

Rockwell Square

Draper, UT 84020

  • 66,550 SF Multifamily
  • $700,000 - $800,000
For Sale

Seasons of Traverse Mountain

Lehi, UT 84043

  • 284,856 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Draper alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Draper or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Draper 55,686 16,644 36 $121,612 3 4,830 4%
Bluffdale 18,864 5,269 30 $109,206 4 1,276 4%
Highland 19,938 4,792 28 $164,195 4 428 14%
Lehi 85,329 23,152 27 $118,190 4 5,918 17%
Riverton 45,360 12,691 34 $108,666 4 1,837 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Draper, UT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Draper

View All Commercial Real Estate For Sale in Draper
Is Draper a good market for a first-time commercial real estate investor?

Draper offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Draper?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Draper. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Draper?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Draper. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Draper compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Draper. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Draper acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Draper, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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