Commercial Real Estate Market in Westminster, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
140 active listings and 1,143 off-market properties in Westminster, CO. Commercial property asks $265/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Westminster, CO spans 111.6 square miles in Jefferson County, Colorado. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Westminster, CO has a median asking sale price of $265/SF (based on 4 listings). Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Typical asking range for active listings in Westminster, CO (the middle half): Lease $18.00–$27.00/SF/Yr (median $25.00/SF/Yr, 13 listings).
Retail
Retail vacancy in Westminster, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily space in Westminster, CO has a median asking sale price of $261/SF (based on 6 listings). Vacancy 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 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
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.
Tools
Lease vs Buy Breakeven
At $18.00/SF/Yr lease vs $265/SF buy → buying wins if held > 3.5 years.
At a 6.8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Arvada | $269 | $13.50 |
| Denver | $275 | $22.50 |
| Northglenn | $195 | $18.00 |
| Wheat Ridge | $272 | $15.25 |
Commercial property in Westminster, CO asks $265/SF. The 4 bordering markets run from $195/SF in Northglenn to $275/SF in Denver, and the city sits in line with their $270/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Westminster?
How much does it cost to lease commercial space in Westminster?
Is it cheaper to lease or buy commercial space in Westminster?
How does Westminster compare to nearby markets on price?
Where does Realmo's Westminster market data come from?
Methodology & data sources
- Asking prices and medians
- There are 50 active for-sale and 90 active for-lease listings in Westminster, CO. The medians are based on 14 of the for-sale and 21 of the for-lease listings, those that state a price or rent per square foot. 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: 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 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
