Commercial Real Estate Market in Greenwood Village, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
134 active listings and 419 off-market properties in Greenwood Village, CO. Commercial property asks $33/SF to buy and $16.69/SF/Yr to lease.
Market Trends
Greenwood Village, CO spans 42.3 square miles in Arapahoe County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenwood Village, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Greenwood Village, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Greenwood Village, 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 Greenwood Village, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Greenwood Village, CO has 109,840 residents in 48,847 households. Density runs 2,595 people per square mile. Median household income here is $114,243 and median gross rent $1,904 a month.
109,840
Population
48,847
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
96%
High-School Grad
42.3 sq mi
ZIP Area
2,595
Density / Sq Mi
$114,243
Median Household Income
$63,634
Median Earnings
$1,904
Median Rent
$678,796
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sheridan | — | — |
| Englewood | — | $18.56 |
| Bow Mar | — | — |
| Cherry Hills Village | — | — |
Commercial property in Greenwood Village, CO asks $33/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenwood Village?
Commercial property in Greenwood Village, CO asks an average of $33 per square foot. The 4 most recent recorded sales traded at a median of $163/SF.
How much does it cost to lease commercial space in Greenwood Village?
Asking lease rates in Greenwood Village, CO average $16.69 per square foot per year.
Where does Realmo's Greenwood Village market data come from?
Realmo compiles Greenwood Village, CO figures from 6 recent recorded sales, 27 active sale listings, 107 active lease listings, 419 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 27 active for-sale and 107 active for-lease listings in Greenwood Village, 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
