Commercial Real Estate Market in Craig, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
39 active listings and 493 off-market properties in Craig, CO. Commercial property asks $0/SF to buy and $12.60/SF/Yr to lease.
Market Trends
Craig, CO spans 1,507.4 square miles in Moffat County, Colorado. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Craig, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Craig, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Craig, 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 vacancy in Craig, CO 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
- Residential 51.7%
- Commercial 18.3%
- Industrial 12.1%
- Mixed use 10.3%
- Open space 4.2%
- Agricultural 2.7%
- Civic 0.7%
Largest Zones share of zoned land by district
Residential Low Density
Community Commercial
Light Industrial
Residential High Density
Residential Medium Density
Craig, CO zones 3,293 acres across 13 districts. Commercial zoning covers 18.3% of zoned land, residential 51.7%, open space 4.2% and industrial 12.1%. The largest single district is Residential Low Density at 30%. For commercial buyers the practical constraint is that only 30.5% of land carries a commercial or industrial designation.
Residential Low Density (RLD)
RLD - Residential Low Density District. 1. Intent. The RLD - Residential Low Density District is intended to define and preserve the urban character of the city's neighborhoods. This is a housing district intended primarily for single-family uses on individual lots of not less than six thousand (6,000) square feet. This zone is characterized by tree-lined lo…
Market overview
Demographics & Economy
Craig, CO has 12,560 residents in 5,667 households. Density runs 8 people per square mile. Median household income here is $73,649 and median gross rent $1,059 a month.
12,560
Population
5,667
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
93%
High-School Grad
1507.4 sq mi
ZIP Area
8
Density / Sq Mi
$73,649
Median Household Income
$43,764
Median Earnings
$1,059
Median Rent
$266,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Craig?
Commercial property in Craig, CO asks an average of $0 per square foot. The 3 most recent recorded sales traded at a median of $178/SF.
How much does it cost to lease commercial space in Craig?
Asking lease rates in Craig, CO average $12.60 per square foot per year.
What zoning applies to commercial property in Craig?
Craig, CO zones 3,293 acres across 13 districts, of which 18.3% is commercial and 12.1% industrial. The largest single district is Residential Low Density at 30% of zoned land. RLD - Residential Low Density District. 1. Intent. The RLD - Residential Low Density District is intended to define and preserve the urban character of the city's neighborhoods. This is a housing district intended primarily for single-family uses on individual lots of not less than six thousand (6,000) square feet. This zone is characterized by tree-lined lo… Residential zoning covers 51.7% and open space 4.2%.
Where does Realmo's Craig market data come from?
Realmo compiles Craig, CO figures from 4 recent recorded sales, 33 active sale listings, 6 active lease listings, 493 tracked off-market properties, the current Craig zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 33 active for-sale and 6 active for-lease listings in Craig, 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: 3,293 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 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
