Commercial Real Estate Market in Parachute, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
65 active listings and 286 off-market properties in Parachute, CO.
Market Trends
Parachute, CO spans 331.5 square miles in Garfield County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Parachute, CO asks $565/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 Parachute, CO asks $467/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 Parachute, 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 Parachute, CO asks $372/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
- Industrial 34.4%
- Residential 22.9%
- Mixed use 21.2%
- Open space 11.5%
- Commercial 9.4%
Largest Zones share of zoned land by district
Low Density Residential Zone District
General Industrial Zone District
Light Industrial Zone District
Parks And Recreation Zone District
Residential Zone District
Parachute, CO zones 1,497 acres across 12 districts. Commercial zoning covers 9.4% of zoned land, residential 22.9%, open space 11.5% and industrial 34.4%. The largest single district is Low Density Residential Zone District at 22.9%. For commercial buyers the practical constraint is that only 43.8% of land carries a commercial or industrial designation.
Low Density Residential Zone District (LDR)
LDR - Low Density Residential Zone District. Large lot residential district which allows for detached single-family homes and a variety of agricultural accessory uses such as grazing livestock, chickens, and other agricultural uses for personal use and consumption provided the minimum lot sizes are met. Farming, ranching, and similar agricultural pursuits ma…
Market overview
Demographics & Economy
Parachute, CO has 7,185 residents in 3,066 households. Density runs 22 people per square mile. Median household income here is $68,865 and median gross rent $998 a month.
7,185
Population
3,066
Households
2.3
Avg Household Size
34
Median Age
24%
College-Educated
89%
High-School Grad
331.5 sq mi
ZIP Area
22
Density / Sq Mi
$68,865
Median Household Income
$41,082
Median Earnings
$998
Median Rent
$251,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rulison | — | — |
| De Beque | — | — |
| Plateau City | — | — |
| Collbran | — | — |
Commercial property in Parachute, CO asks $567/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Parachute?
Commercial property in Parachute, CO asks an average of $567 per square foot. The 4 most recent recorded sales traded at a median of $125/SF, so asking sits 353% above the achieved median. Office carries the highest asking price at $565/SF.
What zoning applies to commercial property in Parachute?
Parachute, CO zones 1,497 acres across 12 districts, of which 9.4% is commercial and 34.4% industrial. The largest single district is Low Density Residential Zone District at 22.9% of zoned land. LDR - Low Density Residential Zone District. Large lot residential district which allows for detached single-family homes and a variety of agricultural accessory uses such as grazing livestock, chickens, and other agricultural uses for personal use and consumption provided the minimum lot sizes are met. Farming, ranching, and similar agricultural pursuits ma… Residential zoning covers 22.9% and open space 11.5%.
Where does Realmo's Parachute market data come from?
Realmo compiles Parachute, CO figures from 5 recent recorded sales, 63 active sale listings, 2 active lease listings, 286 tracked off-market properties, the current Parachute zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 63 active for-sale and 2 active for-lease listings in Parachute, 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: 1,497 zoned acres across 12 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, 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 31 August 2026 · report a data issue
