Commercial Real Estate Market in Basalt, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
59 active listings and 428 off-market properties in Basalt, CO. Commercial property asks $2,777/SF to buy and $27.27/SF/Yr to lease.
Market Trends
Basalt, CO spans 258.7 square miles in Eagle County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Basalt, CO asks $561/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 space in Basalt, CO asks $1,271/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Basalt, CO 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 Basalt, CO asks $1,157/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 35.9%
- Commercial 33.1%
- Civic 18%
- Industrial 6.3%
- Planned_development 1.5%
Largest Zones share of zoned land by district
Community Commercial District
Public District
Low Density Residential District
High Density Residential District
Medium Density Residential District
Basalt, CO zones 1,180 acres across 13 districts. Commercial zoning covers 33.1% of zoned land, residential 35.9% and industrial 6.3%. The largest single district is Community Commercial District at 33%. For commercial buyers the practical constraint is that only 39.4% of land carries a commercial or industrial designation.
Community Commercial District (C3)
It is the intent of the Community Commercial District to provide for the general retail uses and services for the community as a whole, community commercial uses generally require larger land areas than neighborhood or downtown business uses and close proximity to major collector or arterial streets
Market overview
Demographics & Economy
Basalt, CO has 6,034 residents in 3,145 households. Density runs 23 people per square mile. Median household income here is $103,721 and median gross rent $2,220 a month.
6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Woody Creek | — | — |
| Norrie | — | — |
| Snowmass | — | — |
| Meredith | — | — |
Commercial property in Basalt, CO asks $2,777/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Basalt?
Commercial property in Basalt, CO asks an average of $2,777 per square foot. The 5 most recent recorded sales traded at a median of $788/SF, so asking sits 252% above the achieved median. Retail carries the highest asking price at $1,271/SF.
How much does it cost to lease commercial space in Basalt?
Asking lease rates in Basalt, CO average $27.27 per square foot per year.
What zoning applies to commercial property in Basalt?
Basalt, CO zones 1,180 acres across 13 districts, of which 33.1% is commercial and 6.3% industrial. The largest single district is Community Commercial District at 33% of zoned land. It is the intent of the Community Commercial District to provide for the general retail uses and services for the community as a whole, community commercial uses generally require larger land areas than neighborhood or downtown business uses and close proximity to major collector or arterial streets Residential zoning covers 35.9% and open space 0%.
Where does Realmo's Basalt market data come from?
Realmo compiles Basalt, CO figures from 6 recent recorded sales, 46 active sale listings, 13 active lease listings, 428 tracked off-market properties, the current Basalt zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 46 active for-sale and 13 active for-lease listings in Basalt, CO. 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: 1,180 zoned acres across 13 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 31 August 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, industrial vacancy is reported at West region level and asking prices run materially above recent closed pricing.
- 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 31 August 2026 · report a data issue
