Commercial Real Estate Market in Lakewood, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
169 active listings and 1,946 off-market properties in Lakewood, CO. Commercial property asks $245/SF to buy and $27.00/SF/Yr to lease.
Market Trends
Lakewood, CO spans 112.1 square miles in Jefferson County, Colorado. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Lakewood, CO has a median asking sale price of $190/SF (based on 5 listings). Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Typical asking range for active listings in Lakewood, CO (the middle half): Lease $18.00–$28.00/SF/Yr (median $27.50/SF/Yr, 13 listings).
Retail
Retail space in Lakewood, CO has a median asking sale price of $225/SF (based on 5 listings). Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial space in Lakewood, CO has a median asking sale price of $223/SF (based on 3 listings). Vacancy runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Multifamily
Multifamily space in Lakewood, CO has a median asking sale price of $245/SF. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Typical asking range for active listings in Lakewood, CO (the middle half): Sale $231–$284/SF (median $245/SF, 12 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 66.3%
- Planned_development 16.5%
- Mixed use 15.2%
- Commercial 1.1%
- Industrial 0.9%
Largest Zones share of zoned land by district
E. R-1-6 - Small Lot Residential: The R-1-6 district is intended to provide for small lot, single-family residential development.
Market overview
Demographics & Economy
Lakewood, CO has 286,605 residents in 127,738 households. Density runs 2,557 people per square mile. Median household income here is $94,032 and median gross rent $1,781 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Wheat Ridge | $272 | $15.25 |
| Denver | $275 | $22.00 |
| Arvada | $256 | $13.50 |
| Westminster | $265 | $18.00 |
Commercial property in Lakewood, CO asks $245/SF. The 4 bordering markets run from $256/SF in Arvada to $275/SF in Denver, and the city sits below their $268/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lakewood?
How much does it cost to lease commercial space in Lakewood?
How does Lakewood compare to nearby markets on price?
Where does Realmo's Lakewood market data come from?
Methodology & data sources
- Asking prices and medians
- There are 84 active for-sale and 85 active for-lease listings in Lakewood, CO. The medians are based on 30 of the for-sale and 15 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 28,299 zoned acres across 41 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
