Commercial Real Estate Market in Louisville, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
104 active listings and 510 off-market properties in Louisville, CO. Commercial property asks $91/SF to buy and $20.28/SF/Yr to lease.
Market Trends
Louisville, CO spans 18.6 square miles in Boulder County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Louisville, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Louisville, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Louisville, 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 space in Louisville, CO asks $463/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.9%
- Commercial 24.7%
- Open space 11.3%
- Industrial 10.9%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Planned Community Commercial
Residential Low Density
Residential Estate
Open Space
Planned Community Residential
Louisville, CO zones 5,169 acres across 26 districts. Commercial zoning covers 24.7% of zoned land, residential 48.9%, open space 11.3% and industrial 10.9%. The largest single district is Planned Community Commercial at 19.7%. For commercial buyers the practical constraint is that only 35.6% of land carries a commercial or industrial designation.
Planned Community Commercial (P-C)
The purpose of P-CO zone is intended to promote the development of well planned shopping centers and facilities that provide a variety of shopping, professional, business, cultural and entertainment facilities designed to create an attractive and pleasant shopping atmosphere
Market overview
Demographics & Economy
Louisville, CO has 34,413 residents in 13,248 households. Density runs 1,847 people per square mile. Median household income here is $153,165 and median gross rent $2,234 a month.
34,413
Population
13,248
Households
2.6
Avg Household Size
40
Median Age
71%
College-Educated
98%
High-School Grad
18.6 sq mi
ZIP Area
1,847
Density / Sq Mi
$153,165
Median Household Income
$70,617
Median Earnings
$2,234
Median Rent
$822,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lafayette | — | $46.00 |
| Superior | — | — |
| Thornton | — | — |
| Parkdale | — | — |
Commercial property in Louisville, CO asks $91/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Louisville?
Commercial property in Louisville, CO asks an average of $91 per square foot. The 6 most recent recorded sales traded at a median of $231/SF. Multifamily carries the highest asking price at $463/SF.
How much does it cost to lease commercial space in Louisville?
Asking lease rates in Louisville, CO average $20.28 per square foot per year.
What zoning applies to commercial property in Louisville?
Louisville, CO zones 5,169 acres across 26 districts, of which 24.7% is commercial and 10.9% industrial. The largest single district is Planned Community Commercial at 19.7% of zoned land. The purpose of P-CO zone is intended to promote the development of well planned shopping centers and facilities that provide a variety of shopping, professional, business, cultural and entertainment facilities designed to create an attractive and pleasant shopping atmosphere Residential zoning covers 48.9% and open space 11.3%.
Where does Realmo's Louisville market data come from?
Realmo compiles Louisville, CO figures from 6 recent recorded sales, 29 active sale listings, 75 active lease listings, 510 tracked off-market properties, the current Louisville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 75 active for-lease listings in Louisville, 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: 5,169 zoned acres across 26 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
