Commercial Real Estate Market in Lamar, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
35 active listings and 521 off-market properties in Lamar, CO.
Market Trends
Lamar, CO spans 675.4 square miles in Prowers County, Colorado. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Lamar, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Lamar, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Lamar, 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 Lamar, 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 67%
- Industrial 14.2%
- Commercial 9.4%
- Civic 5.6%
- Agricultural 3.8%
Largest Zones share of zoned land by district
Open Estates
Residential
Residential
Industrial
Multiple Family Residential
Lamar, CO zones 3,356 acres across 14 districts. Commercial zoning covers 9.4% of zoned land, residential 67% and industrial 14.2%. The largest single district is Open Estates at 26.6%. For commercial buyers the practical constraint is that only 23.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Lamar, CO has 9,142 residents in 4,062 households. Density runs 14 people per square mile. Median household income here is $62,729 and median gross rent $841 a month.
9,142
Population
4,062
Households
2.3
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
675.4 sq mi
ZIP Area
14
Density / Sq Mi
$62,729
Median Household Income
$32,336
Median Earnings
$841
Median Rent
$150,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Lamar?
Commercial property in Lamar, CO asks an average of $225 per square foot. The 5 most recent recorded sales traded at a median of $72/SF, so asking sits 212% above the achieved median.
What zoning applies to commercial property in Lamar?
Lamar, CO zones 3,356 acres across 14 districts, of which 9.4% is commercial and 14.2% industrial. The largest single district is Open Estates at 26.6% of zoned land. Residential zoning covers 67% and open space 0%.
Where does Realmo's Lamar market data come from?
Realmo compiles Lamar, CO figures from 7 recent recorded sales, 35 active sale listings, 521 tracked off-market properties, the current Lamar zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 0 active for-lease listings in Lamar, 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: 3,356 zoned acres across 14 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 30 September 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, industrial vacancy is reported at West region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · How Realmo checks market page data · Report a data issue
