Commercial Real Estate Market in Empire, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 25 off-market properties in Empire, CO.
Market Trends
Empire, CO spans 55.5 square miles in Clear Creek County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Empire, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Empire, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Empire, 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 Empire, 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 80.1%
- Civic 18.1%
Largest Zones share of zoned land by district
Residential One
Residential Commercial
Mobile Home
No Zoning
Residential Two
Empire, CO zones 164 acres across 5 districts. The largest single district is Residential One at 73.3%.
Residential One (R-1)
This district is intended to provide for the development of single family dwellings with a full compliment of accessory uses. The R-1 Single-Family Residential District is designed to accommodate single family residential development at low density in areas within the Town of Empire that are served by public sewer and water facilities. In order to maintain t…
Market overview
Demographics & Economy
Empire, CO has 534 residents in 510 households. Density runs 10 people per square mile. Median household income here is $63,092 and median gross rent $1,216 a month.
534
Population
510
Households
1
Avg Household Size
45
Median Age
26%
College-Educated
86%
High-School Grad
55.5 sq mi
ZIP Area
10
Density / Sq Mi
$63,092
Median Household Income
$49,545
Median Earnings
$1,216
Median Rent
$299,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Silver Plume | — | — |
| Georgetown | — | — |
| Dumont | — | — |
| Winter Park | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Empire?
Empire, CO zones 164 acres across 5 districts, of which 0% is commercial and 0% industrial. The largest single district is Residential One at 73.3% of zoned land. This district is intended to provide for the development of single family dwellings with a full compliment of accessory uses. The R-1 Single-Family Residential District is designed to accommodate single family residential development at low density in areas within the Town of Empire that are served by public sewer and water facilities. In order to maintain t… Residential zoning covers 80.1% and open space 0%.
Where does Realmo's Empire market data come from?
Realmo compiles Empire, CO figures from 6 active sale listings, 25 tracked off-market properties, the current Empire zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Empire, 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: 164 zoned acres across 5 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 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
