Commercial Real Estate Market in Thornton, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
46 active listings and 1,381 off-market properties in Thornton, CO.
Market Trends
Thornton, CO spans 91.3 square miles in Broomfield County, Colorado. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Thornton, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Retail vacancy in Thornton, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Thornton, 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%.
Multifamily
Multifamily vacancy in Thornton, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 30%
- Residential 29.3%
- Commercial 18.9%
- Open space 16.7%
- Agricultural 2.5%
- Industrial 0.4%
- Civic 0.1%
Largest Zones share of zoned land by district
Development Plan review process in Section 18-41. Sec. 18-114. RESERVED. Sec. 18-115. RESERVED. Sec. 18-116. RESERVED. Sec. 18-117. RESERVED. Sec. 18-118. RESERVED. DIVISION 7. LEGACY BASE DISTRICTS Sec. 18-119. SFD-L SINGLE-FAMILY DETACHED LEGACY DISTRICT. (a) Purpose and intent. The SFD-L District is established to accommodate the continuation of the devel…
Market overview
Demographics & Economy
Thornton, CO has 283,554 residents in 103,650 households. Density runs 3,107 people per square mile. Median household income here is $100,717 and median gross rent $1,908 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lafayette | $255 | $40.00 |
| Broomfield | $260 | $20.00 |
| Westminster | $265 | $18.00 |
| Northglenn | $195 | $18.00 |
Commercial property in Thornton, CO asks $329/SF. The 4 bordering markets run from $195/SF in Northglenn to $265/SF in Westminster, and the city sits above their $257/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Thornton?
How does Thornton compare to nearby markets on price?
Where does Realmo's Thornton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 26 active for-lease listings in Thornton, CO. The sale median is based on 5 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 24,765 zoned acres across 23 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
