Commercial Real Estate Market in Westminster, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
165 active listings and 1,144 off-market properties in Westminster, CO. Commercial property asks $721/SF to buy and $18.59/SF/Yr to lease.
Market Trends
Westminster, CO spans 111.6 square miles in Jefferson County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Westminster, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Westminster, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Westminster, 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 Westminster, 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 67.1%
- Agricultural 19.7%
- Residential 9%
- Mixed use 1.3%
- Commercial 1.3%
- Industrial 1.1%
Largest Zones share of zoned land by district
Planned Unit Development
Agricultural And Open District
One Family Residential
One Family Residential
Transitional
Planned Unit Development (PUD)
PUD) zoning. Official Development Plan (ODP) - A site-specific development plan for one or more properties in an approved Preliminary Development Plan (PDP). It includes a site plan, grading plan, landscape and lighting plans, architectural plans and specific development standards that govern the site. Planned Unit Development (PUD) - A zoning district where…
Market overview
Demographics & Economy
Westminster, CO has 374,092 residents in 150,941 households. Density runs 3,353 people per square mile. Median household income here is $101,173 and median gross rent $1,852 a month.
374,092
Population
150,941
Households
2.5
Avg Household Size
37
Median Age
42%
College-Educated
91%
High-School Grad
111.6 sq mi
ZIP Area
3,353
Density / Sq Mi
$101,173
Median Household Income
$54,457
Median Earnings
$1,852
Median Rent
$502,984
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Arvada | — | $15.24 |
| Denver | — | $23.67 |
| Lakeside | — | — |
| Northglenn | — | $14.38 |
Commercial property in Westminster, CO asks $721/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Westminster?
Commercial property in Westminster, CO asks an average of $721 per square foot. The 3 most recent recorded sales traded at a median of $187/SF, so asking sits 287% above the achieved median.
How much does it cost to lease commercial space in Westminster?
Asking lease rates in Westminster, CO average $18.59 per square foot per year.
Where does Realmo's Westminster market data come from?
Realmo compiles Westminster, CO figures from 6 recent recorded sales, 67 active sale listings, 98 active lease listings, 1,144 tracked off-market properties, the current Westminster zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 67 active for-sale and 98 active for-lease listings in Westminster, 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: 20,842 zoned acres across 34 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
