Commercial Real Estate Market in Glenwood Springs, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
80 active listings and 741 off-market properties in Glenwood Springs, CO. Commercial property asks $170/SF to buy and $24.25/SF/Yr to lease.
Market Trends
Glenwood Springs, CO spans 367.6 square miles in Garfield County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Glenwood Springs, CO asks $565/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 Glenwood Springs, CO asks $467/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 Glenwood Springs, 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 Glenwood Springs, CO asks $372/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
Market overview
Demographics & Economy
Glenwood Springs, CO has 16,484 residents in 6,491 households. Density runs 45 people per square mile. Median household income here is $103,632 and median gross rent $1,812 a month.
16,484
Population
6,491
Households
2.5
Avg Household Size
38
Median Age
41%
College-Educated
88%
High-School Grad
367.6 sq mi
ZIP Area
45
Density / Sq Mi
$103,632
Median Household Income
$45,271
Median Earnings
$1,812
Median Rent
$726,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glenwood | — | — |
| Glenwood Spgs | — | $24.25 |
| Cardiff | — | — |
| New Castle | — | — |
Commercial property in Glenwood Springs, CO asks $170/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glenwood Springs?
Commercial property in Glenwood Springs, CO asks an average of $170 per square foot. The 6 most recent recorded sales traded at a median of $449/SF. Office carries the highest asking price at $565/SF.
How much does it cost to lease commercial space in Glenwood Springs?
Asking lease rates in Glenwood Springs, CO average $24.25 per square foot per year.
Where does Realmo's Glenwood Springs market data come from?
Realmo compiles Glenwood Springs, CO figures from 8 recent recorded sales, 68 active sale listings, 12 active lease listings, 741 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 68 active for-sale and 12 active for-lease listings in Glenwood Springs, 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
