Commercial Real Estate Market in Gravette, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
120 active listings and 332 off-market properties in Gravette, AR. Commercial property asks $1,230/SF to buy and $9.00/SF/Yr to lease.
Market Trends
Gravette, AR spans 98.5 square miles in Benton County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Gravette, 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 Gravette, 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 Gravette, 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 Gravette, 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 79.5%
- Civic 8.7%
- Commercial 7.4%
- Mixed use 2.1%
- Industrial 1.2%
- Residential 1.1%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Highway Commercial
Residential Office
Industrial
Single Family Residential (R-1)
R-1 Single-Family District. a. This residential district is intended as an area of residences with permitted related uses as churches, schools, recreational facilities, and other public or semi-public uses. These single-family dwellings shall be as described in
Market overview
Demographics & Economy
Gravette, AR has 7,046 residents in 2,682 households. Density runs 72 people per square mile. Median household income here is $73,565 and median gross rent $1,012 a month.
7,046
Population
2,682
Households
2.6
Avg Household Size
38
Median Age
24%
College-Educated
88%
High-School Grad
98.5 sq mi
ZIP Area
72
Density / Sq Mi
$73,565
Median Household Income
$43,892
Median Earnings
$1,012
Median Rent
$277,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sulphur Springs | — | — |
| Decatur | — | $12.00 |
| Maysville | — | — |
| Noel | — | — |
Commercial property in Gravette, AR asks $1,230/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gravette?
Commercial property in Gravette, AR asks an average of $1,230 per square foot. The 5 most recent recorded sales traded at a median of $67/SF, so asking sits 1744% above the achieved median. Office carries the highest asking price at $282/SF.
How much does it cost to lease commercial space in Gravette?
Asking lease rates in Gravette, AR average $9.00 per square foot per year.
Where does Realmo's Gravette market data come from?
Realmo compiles Gravette, AR figures from 5 recent recorded sales, 116 active sale listings, 4 active lease listings, 332 tracked off-market properties, the current Gravette zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 116 active for-sale and 4 active for-lease listings in Gravette, 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: 9,816 zoned acres across 11 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
