Sandy, UT
Commercial Real Estate Market Trends & Data

$329 Avg asking sale price
$81 Avg asking lease rate
15,802 SF Avg unit lease size
16,467 SF Avg building size for sale
7.01% Average cap rate

Sandy's Demographic Profile

Sandy has 31,521 households and a median income of $101,791, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 91,642
# Households 31,521
Median age 39
Median household income $101,791
Avg household size 3.0
Renter-occupied housing units 8,920
5-year population change 0%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Sandy $291 19,643 SF 9.63%
Draper $372 16,717 SF 7.00%
Midvale $251 18,049 SF 9.63%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Sandy $280 15,491 SF 9.63%
Draper $477 32,821 SF 7.00%
Midvale $270 21,963 SF 9.63%
Murray $241 20,884 SF 6.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Sandy $320 10,837 SF
Cottonwood Heights $456 2,100 SF
Draper $486 15,068 SF
Midvale $293 10,362 SF
Holladay $464 7,342 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Murray $281 42,661 SF 5.98%
Millcreek $368 24,512 SF 6.41%

Commercial Properties For Sale in Sandy

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

7805 Main W st

Midvale, UT 84047

  • 2,480 SF Multifamily
  • $749,000
For Sale

177 E Fort Union Blvd

Midvale, UT 84047

  • 3,010 SF Office Building
  • $879,000
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

7706 S Locust St

Midvale, UT 84047

  • 6,200 SF Office Building
  • $1,450,000

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 Sandy pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Sandy $329 16,467 SF
Alpine $98 90,581 SF
Cottonwood Heights $436 20,620 SF
Draper $400 36,292 SF
Midvale $288 17,497 SF

Regional Demographic Comparison

This comparison places Sandy 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 Sandy or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Alpine 10,496 2,747 30 $163,262 4 364 14%
Cottonwood Heights 32,686 12,447 41 $102,594 3 3,634 1%
Draper 55,686 16,644 36 $121,612 3 4,830 4%
Midvale 35,711 14,254 34 $65,995 2 8,488 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Sandy, 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 Sandy

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

Sandy 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 Sandy?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Sandy. 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 Sandy?

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

How does Sandy compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Sandy. 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 Sandy acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Sandy, 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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