Commercial Real Estate Market in Greeley, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
348 active listings and 2,318 off-market properties in Greeley, CO. Commercial property asks $138/SF to buy and $17.62/SF/Yr to lease.
Market Trends
Greeley, CO spans 141.9 square miles in Weld County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greeley, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Greeley, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Greeley, 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 Greeley, CO asks $170/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
- Civic 29.4%
- Agricultural 20%
- Planned_development 15.2%
- Industrial 14.4%
- Residential 10.7%
- Mixed use 5.3%
- Commercial 4.1%
Largest Zones share of zoned land by district
Residential Low Density
Holding Agriculture
Planned Unit Development
Industrial Medium Intensity
Residential High Density
Residential Low Density (R-L)
R-L - Residential Low Density. The R-L district provides residential living (detached houses) in lower-density suburban neighborhood settings with access to supporting uses such as schools, churches, parks and other public facilities. Alternatively, it may be used for single-family areas integrated into walkable or urban neighborhood patterns. General applic…
Market overview
Demographics & Economy
Greeley, CO has 118,316 residents in 44,673 households. Density runs 834 people per square mile. Median household income here is $69,638 and median gross rent $1,409 a month.
118,316
Population
44,673
Households
2.6
Avg Household Size
33
Median Age
26%
College-Educated
82%
High-School Grad
141.9 sq mi
ZIP Area
834
Density / Sq Mi
$69,638
Median Household Income
$40,728
Median Earnings
$1,409
Median Rent
$358,898
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.62/SF/Yr lease vs $138/SF buy → buying wins if held > 0.9 years.
At a 12.7% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Evans | — | — |
| La Salle | — | — |
| Garden City | — | — |
| Gilcrest | — | — |
Commercial property in Greeley, CO asks $138/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greeley?
Commercial property in Greeley, CO asks an average of $138 per square foot. The 5 most recent recorded sales traded at a median of $206/SF. Multifamily carries the highest asking price at $170/SF.
How much does it cost to lease commercial space in Greeley?
Asking lease rates in Greeley, CO average $17.62 per square foot per year.
Is it cheaper to lease or buy commercial space in Greeley?
Buying beats leasing in Greeley, CO if the property is held longer than 0.9 years, comparing $17.62/SF/Yr asking rent with $138/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Greeley market data come from?
Realmo compiles Greeley, CO figures from 5 recent recorded sales, 249 active sale listings, 99 active lease listings, 2,318 tracked off-market properties, the current Greeley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 249 active for-sale and 99 active for-lease listings in Greeley, 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: 33,147 zoned acres across 15 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
