Commercial Real Estate Market in Alma, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 331 off-market properties in Alma, AR.
Market Trends
Alma, AR spans 88.9 square miles in Crawford County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Alma, AR asks $131/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Alma, AR asks $68/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Alma, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Alma, AR asks $98/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 79.7%
- Commercial 18%
- Industrial 2.4%
Largest Zones share of zoned land by district
Single Family Residential District
Highway Commercial District
General Residential District
Single Family Residential District
Restricted Industrial District
Alma, AR zones 3,230 acres across 8 districts. Commercial zoning covers 18% of zoned land, residential 79.7% and industrial 2.4%. The largest single district is Single Family Residential District at 56.4%. For commercial buyers the practical constraint is that only 20.3% of land carries a commercial or industrial designation.
Highway Commercial District (C-2)
Section 8. C-2 Commercial Highway District 1. C-2 Commercial Highway District: This district is along the following highways but not restricted to this area alone, US Highway 64 (east and west), US Hwy 71 (north of I-40), Ark Hwy 162 (from US Hwy 64 to I -40), and Cherry Street and parts of Fayetteville Ave (from intersection of US Hwy 64 to the intersection…
Market overview
Demographics & Economy
Alma, AR has 13,770 residents in 5,287 households. Density runs 155 people per square mile. Median household income here is $68,302 and median gross rent $963 a month.
13,770
Population
5,287
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
91%
High-School Grad
88.9 sq mi
ZIP Area
155
Density / Sq Mi
$68,302
Median Household Income
$44,259
Median Earnings
$963
Median Rent
$185,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rudy | — | — |
| Dyer | — | — |
| Van Buren | — | $11.27 |
| Mulberry | — | — |
Commercial property in Alma, AR asks $302/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Alma?
Commercial property in Alma, AR asks an average of $302 per square foot. The 5 most recent recorded sales traded at a median of $27/SF, so asking sits 1004% above the achieved median. Office carries the highest asking price at $131/SF.
What zoning applies to commercial property in Alma?
Alma, AR zones 3,230 acres across 8 districts, of which 18% is commercial and 2.4% industrial. The largest single district is Single Family Residential District at 56.4% of zoned land. Residential zoning covers 79.7% and open space 0%.
Where does Realmo's Alma market data come from?
Realmo compiles Alma, AR figures from 5 recent recorded sales, 25 active sale listings, 331 tracked off-market properties, the current Alma zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 0 active for-lease listings in Alma, AR. 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: 3,230 zoned acres across 8 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 South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South 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
