Commercial Real Estate Market in Sheridan, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 12 off-market properties in Sheridan, CO. Commercial property asks $518/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Sheridan, CO spans 6.4 square miles in Arapahoe County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sheridan, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Sheridan, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Sheridan, 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 Sheridan, 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
- Planned_development 39.2%
- Industrial 18.9%
- Residential 17.3%
- Open space 11.1%
- Commercial 6.1%
- Mixed use 3.8%
- Civic 3.6%
Largest Zones share of zoned land by district
Planned Unit Development Commercial
Planned Unit Development
Industrial
Public
Single Family Residential
Planned Unit Development Commercial (PUD(COM))
The PUD district is intended to provide for development concepts not otherwise permitted within standard zone districts and to provide flexibility, unity and diversity in land planning and development, resulting in convenient and harmonious groupings of uses, structures and common facilities; varied type design and layout of housing and other buildings; and…
Market overview
Demographics & Economy
Sheridan, CO has 23,279 residents in 10,804 households. Density runs 3,650 people per square mile. Median household income here is $82,037 and median gross rent $1,582 a month.
23,279
Population
10,804
Households
2.2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
3,650
Density / Sq Mi
$82,037
Median Household Income
$50,406
Median Earnings
$1,582
Median Rent
$455,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Greenwood Village | — | $16.69 |
| Bow Mar | — | — |
| Englewood | — | $18.56 |
| Littleton | — | $17.07 |
Commercial property in Sheridan, CO asks $518/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sheridan?
Commercial property in Sheridan, CO asks an average of $518 per square foot.
How much does it cost to lease commercial space in Sheridan?
Asking lease rates in Sheridan, CO average $12.00 per square foot per year.
Where does Realmo's Sheridan market data come from?
Realmo compiles Sheridan, CO figures from 4 active sale listings, 3 active lease listings, 12 tracked off-market properties, the current Sheridan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 3 active for-lease listings in Sheridan, 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: 1,213 zoned acres across 13 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
