Commercial Real Estate Market in Wellington, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
50 active listings and 205 off-market properties in Wellington, CO. Commercial property asks $616/SF to buy and $18.37/SF/Yr to lease.
Market Trends
Wellington, CO spans 187.1 square miles in Larimer County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wellington, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Wellington, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Wellington, 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 Wellington, CO asks $261/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 62.4%
- Open space 11.3%
- Industrial 9.7%
- Commercial 9.2%
- Mixed use 6%
- Planned_development 1.5%
Largest Zones share of zoned land by district
Residential Low Density
Public
Residential Rural
Light Industrial
Mixed Use Commercial
Wellington, CO zones 2,471 acres across 12 districts. Commercial zoning covers 9.2% of zoned land, residential 62.4%, open space 11.3% and industrial 9.7%. The largest single district is Residential Low Density at 47.8%. For commercial buyers the practical constraint is that only 18.9% of land carries a commercial or industrial designation.
Residential Rural (R-1)
B. Principal uses. Permitted principal uses in the R-1 District shall be as listed in Section 4.02 Table of Allowable Uses. C. Conditional uses. Permitted conditional uses in the R-1 District shall be as listed in Section 4.02 Table of Allowable Uses. 3.02.3 R-2 - Residential Low Density District. A. Intent. The Residential Low Density District is intended p…
Market overview
Demographics & Economy
Wellington, CO has 13,530 residents in 5,131 households. Density runs 72 people per square mile. Median household income here is $103,760 and median gross rent $2,290 a month.
13,530
Population
5,131
Households
2.6
Avg Household Size
34
Median Age
44%
College-Educated
97%
High-School Grad
187.1 sq mi
ZIP Area
72
Density / Sq Mi
$103,760
Median Household Income
$52,401
Median Earnings
$2,290
Median Rent
$452,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fort Collins | — | $18.02 |
| Laporte | — | — |
| Nunn | — | — |
| Timnath | — | — |
Commercial property in Wellington, CO asks $616/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wellington?
Commercial property in Wellington, CO asks an average of $616 per square foot. The 5 most recent recorded sales traded at a median of $278/SF, so asking sits 122% above the achieved median. Multifamily carries the highest asking price at $261/SF.
How much does it cost to lease commercial space in Wellington?
Asking lease rates in Wellington, CO average $18.37 per square foot per year.
What zoning applies to commercial property in Wellington?
Wellington, CO zones 2,471 acres across 12 districts, of which 9.2% is commercial and 9.7% industrial. The largest single district is Residential Low Density at 47.8% of zoned land. Residential zoning covers 62.4% and open space 11.3%.
Where does Realmo's Wellington market data come from?
Realmo compiles Wellington, CO figures from 6 recent recorded sales, 42 active sale listings, 8 active lease listings, 205 tracked off-market properties, the current Wellington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 42 active for-sale and 8 active for-lease listings in Wellington, 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: 2,471 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
