Commercial Real Estate Market in Elbert, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 37 off-market properties in Elbert, CO.
Market Trends
Elbert, CO spans 172.8 square miles in El Paso County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elbert, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Elbert, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Elbert, 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 Elbert, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Elbert, CO has 4,547 residents in 1,927 households. Density runs 26 people per square mile. Median household income here is $152,554 and median gross rent $1,255 a month.
4,547
Population
1,927
Households
2.4
Avg Household Size
49
Median Age
42%
College-Educated
98%
High-School Grad
172.8 sq mi
ZIP Area
26
Density / Sq Mi
$152,554
Median Household Income
$60,363
Median Earnings
$1,255
Median Rent
$666,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kiowa | — | — |
| Eastonville | — | — |
| Elizabeth | — | — |
| Peyton | — | — |
Commercial property in Elbert, CO asks $1,987/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elbert?
Commercial property in Elbert, CO asks an average of $1,987 per square foot.
Where does Realmo's Elbert market data come from?
Realmo compiles Elbert, CO figures from 3 recent recorded sales, 23 active sale listings, 37 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 0 active for-lease listings in Elbert, 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.
- 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 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 31 August 2026 · report a data issue
