Commercial Real Estate Market in Ouray, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
27 active listings and 115 off-market properties in Ouray, CO. Commercial property asks $825/SF to buy and $31.73/SF/Yr to lease.
Market Trends
Ouray, CO spans 74.7 square miles in Ouray County, Colorado. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Ouray, CO asks $526/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Ouray, CO asks $463/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Ouray, 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 Ouray, 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 50.4%
- Open space 24.3%
- Industrial 16.9%
- Civic 8.5%
Largest Zones share of zoned land by district
Residential
Residential High Density
Commercial Industrial
Parks Conservation
Parks Developed
Ouray, CO zones 551 acres across 6 districts. The largest single district is Residential at 25.9%. For commercial buyers the practical constraint is that only 16.9% of land carries a commercial or industrial designation.
Residential (R-1)
The purpose of Residential District (R-1) is to accommodate non transient residential development in single family dwellings and duplexes.
Market overview
Demographics & Economy
Ouray, CO has 1,099 residents in 953 households. Density runs 15 people per square mile. Median household income here is $82,851 and median gross rent $954 a month.
1,099
Population
953
Households
1.2
Avg Household Size
50
Median Age
61%
College-Educated
96%
High-School Grad
74.7 sq mi
ZIP Area
15
Density / Sq Mi
$82,851
Median Household Income
$43,500
Median Earnings
$954
Median Rent
$562,200
Median Home Value
Tools
Nearby Markets
Commercial property in Ouray, CO asks $825/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ouray?
Commercial property in Ouray, CO asks an average of $825 per square foot. The 7 most recent recorded sales traded at a median of $271/SF, so asking sits 204% above the achieved median. Office carries the highest asking price at $526/SF.
How much does it cost to lease commercial space in Ouray?
Asking lease rates in Ouray, CO average $31.73 per square foot per year.
What zoning applies to commercial property in Ouray?
Ouray, CO zones 551 acres across 6 districts, of which 0% is commercial and 16.9% industrial. The largest single district is Residential at 25.9% of zoned land. The purpose of Residential District (R-1) is to accommodate non transient residential development in single family dwellings and duplexes. Residential zoning covers 50.4% and open space 24.3%.
Where does Realmo's Ouray market data come from?
Realmo compiles Ouray, CO figures from 7 recent recorded sales, 26 active sale listings, 1 active lease listings, 115 tracked off-market properties, the current Ouray zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 1 active for-lease listings in Ouray, 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: 551 zoned acres across 6 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
