Commercial Real Estate Market in Bayfield, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
55 active listings and 143 off-market properties in Bayfield, CO. Commercial property asks $1,362/SF to buy and $16.29/SF/Yr to lease.
Market Trends
Bayfield, CO spans 481.5 square miles in La Plata County, Colorado. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Bayfield, CO asks $322/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 Bayfield, CO asks $265/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 Bayfield, 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 Bayfield, CO asks $303/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 57.9%
- Civic 23.5%
- Industrial 12.5%
- Planned_development 2.4%
- Commercial 2.1%
- Mixed use 1.5%
Largest Zones share of zoned land by district
Single Family Residential
Community Services
Single Family Residence
Business
Single Family Residence
Bayfield, CO zones 1,044 acres across 14 districts. Commercial zoning covers 2.1% of zoned land, residential 57.9% and industrial 12.5%. The largest single district is Single Family Residential at 33.8%. For commercial buyers the practical constraint is that only 14.6% of land carries a commercial or industrial designation.
Community Services (CS)
CS Community Service A Agriculture Overlay Zoning Districts PUD Planned Unit Development HPO Historic Preservation Overlay A. Compliance with district standards. No building or structure shall be erected, converted, enlarged, reconstructed or altered for use nor shall any building, structure or land be used or changed in such a way that it does not comply wi…
Market overview
Demographics & Economy
Bayfield, CO has 9,808 residents in 4,506 households. Density runs 20 people per square mile. Median household income here is $94,450 and median gross rent $1,536 a month.
9,808
Population
4,506
Households
2.2
Avg Household Size
46
Median Age
41%
College-Educated
98%
High-School Grad
481.5 sq mi
ZIP Area
20
Density / Sq Mi
$94,450
Median Household Income
$51,461
Median Earnings
$1,536
Median Rent
$445,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Bayfield?
Commercial property in Bayfield, CO asks an average of $1,362 per square foot. The 5 most recent recorded sales traded at a median of $872/SF, so asking sits 56% above the achieved median. Office carries the highest asking price at $322/SF.
How much does it cost to lease commercial space in Bayfield?
Asking lease rates in Bayfield, CO average $16.29 per square foot per year.
What zoning applies to commercial property in Bayfield?
Bayfield, CO zones 1,044 acres across 14 districts, of which 2.1% is commercial and 12.5% industrial. The largest single district is Single Family Residential at 33.8% of zoned land. Residential zoning covers 57.9% and open space 0%.
Where does Realmo's Bayfield market data come from?
Realmo compiles Bayfield, CO figures from 8 recent recorded sales, 54 active sale listings, 1 active lease listings, 143 tracked off-market properties, the current Bayfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 54 active for-sale and 1 active for-lease listings in Bayfield, 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: 1,044 zoned acres across 14 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
