Commercial Real Estate Market in Lakewood, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
173 active listings and 1,946 off-market properties in Lakewood, CO.
Market Trends
Lakewood, CO spans 112.1 square miles in Jefferson County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lakewood, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Lakewood, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Lakewood, 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 Lakewood, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
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
Large Lot Residential
Large Lot Residential
Planned Development Large Lot Residential
Mixed Use Residential Suburban
Two Family And Small Lot Residential
Large Lot Residential (R-1-6)
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.
286,605
Population
127,738
Households
2.2
Avg Household Size
39
Median Age
47%
College-Educated
94%
High-School Grad
112.1 sq mi
ZIP Area
2,557
Density / Sq Mi
$94,032
Median Household Income
$53,696
Median Earnings
$1,781
Median Rent
$582,650
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wheat Ridge | — | $16.11 |
| Denver | — | $23.67 |
| Arvada | — | $15.24 |
| Lakeside | — | — |
Frequently Asked Questions
Where does Realmo's Lakewood market data come from?
Realmo compiles Lakewood, CO figures from 6 recent recorded sales, 91 active sale listings, 82 active lease listings, 1,946 tracked off-market properties, the current Lakewood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 91 active for-sale and 82 active for-lease listings in Lakewood, 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: 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 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
