Commercial Real Estate Market in Highlands Ranch, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 444 off-market properties in Highlands Ranch, CO. Commercial property asks $67/SF to buy and $22.00/SF/Yr to lease.
Market Trends
Highlands Ranch, CO spans 24.7 square miles in Douglas County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Highlands Ranch, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Highlands Ranch, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Highlands Ranch, 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 Highlands Ranch, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Highlands Ranch, CO has 101,174 residents in 38,446 households. Density runs 4,091 people per square mile. Median household income here is $154,749 and median gross rent $2,401 a month.
101,174
Population
38,446
Households
2.6
Avg Household Size
40
Median Age
67%
College-Educated
99%
High-School Grad
24.7 sq mi
ZIP Area
4,091
Density / Sq Mi
$154,749
Median Household Income
$71,934
Median Earnings
$2,401
Median Rent
$676,544
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lone Tree | — | $14.67 |
| Lonetree | — | — |
| Castle Pines | — | — |
| Greenwood Village | — | $16.69 |
Commercial property in Highlands Ranch, CO asks $67/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Highlands Ranch?
Commercial property in Highlands Ranch, CO asks an average of $67 per square foot. The 6 most recent recorded sales traded at a median of $761/SF.
How much does it cost to lease commercial space in Highlands Ranch?
Asking lease rates in Highlands Ranch, CO average $22.00 per square foot per year.
Where does Realmo's Highlands Ranch market data come from?
Realmo compiles Highlands Ranch, CO figures from 6 recent recorded sales, 7 active sale listings, 16 active lease listings, 444 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 7 active for-sale and 16 active for-lease listings in Highlands Ranch, 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
