Commercial Real Estate Market in Garfield, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
111 active listings and 77 off-market properties in Garfield, AR. Commercial property asks $1,346/SF to buy and $12.33/SF/Yr to lease.
Market Trends
Garfield, AR spans 86.9 square miles in Benton County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Garfield, AR asks $282/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 Garfield, AR asks $209/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 Garfield, 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 Garfield, AR asks $195/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
- Agricultural 72.8%
- Residential 14.1%
- Commercial 13.1%
Largest Zones share of zoned land by district
Agricultural
Residential Estate
Commercial
Residential
Agricultural (A)
The agricultural district is designed to provide for the compatible existence of agricultural activities
Market overview
Demographics & Economy
Garfield, AR has 4,990 residents in 2,834 households. Density runs 57 people per square mile. Median household income here is $68,548 and median gross rent $955 a month.
4,990
Population
2,834
Households
1.8
Avg Household Size
46
Median Age
24%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
57
Density / Sq Mi
$68,548
Median Household Income
$38,788
Median Earnings
$955
Median Rent
$236,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gateway | — | — |
| Seligman | — | — |
| Avoca | — | — |
| Pea Ridge | — | — |
Commercial property in Garfield, AR asks $1,346/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Garfield?
Commercial property in Garfield, AR asks an average of $1,346 per square foot. Office carries the highest asking price at $282/SF.
How much does it cost to lease commercial space in Garfield?
Asking lease rates in Garfield, AR average $12.33 per square foot per year.
Where does Realmo's Garfield market data come from?
Realmo compiles Garfield, AR figures from 108 active sale listings, 3 active lease listings, 77 tracked off-market properties, the current Garfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 108 active for-sale and 3 active for-lease listings in Garfield, 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: 1,990 zoned acres across 4 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 and industrial vacancy is reported at South 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 August 2026 · report a data issue
