Commercial Real Estate Market in Palisade, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 133 off-market properties in Palisade, CO. Commercial property asks $31/SF to buy and $17.79/SF/Yr to lease.
Market Trends
Palisade, CO spans 72.4 square miles in Mesa County, Colorado. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Palisade, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Palisade, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Palisade, 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 Palisade, CO asks $252/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 36.4%
- Agricultural 24.4%
- Commercial 20.8%
- Civic 9.2%
- Mixed use 6.7%
- Planned_development 1.9%
- Industrial 0.7%
Largest Zones share of zoned land by district
Low Density Residential
Community Public
Agriculture Forestry Transitional
Central Business
Mixed Use
Low Density Residential (LDR)
The purpose of LDR zone is to maintain and protect residential areas at low to moderate densities, characterized predominantly by single family detached units
Market overview
Demographics & Economy
Palisade, CO has 5,216 residents in 2,573 households. Density runs 72 people per square mile. Median household income here is $83,316 and median gross rent $1,219 a month.
5,216
Population
2,573
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
91%
High-School Grad
72.4 sq mi
ZIP Area
72
Density / Sq Mi
$83,316
Median Household Income
$44,646
Median Earnings
$1,219
Median Rent
$449,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clifton | — | $10.01 |
| Grand Junction | — | $13.91 |
| De Beque | — | — |
Commercial property in Palisade, CO asks $31/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Palisade?
Commercial property in Palisade, CO asks an average of $31 per square foot. The 3 most recent recorded sales traded at a median of $84/SF. Multifamily carries the highest asking price at $252/SF.
How much does it cost to lease commercial space in Palisade?
Asking lease rates in Palisade, CO average $17.79 per square foot per year.
Where does Realmo's Palisade market data come from?
Realmo compiles Palisade, CO figures from 3 recent recorded sales, 28 active sale listings, 2 active lease listings, 133 tracked off-market properties, the current Palisade zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 2 active for-lease listings in Palisade, 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: 716 zoned acres across 11 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 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 30 September 2026 · How Realmo checks market page data · Report a data issue
