Commercial Real Estate Market in Greenbrier, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
136 active listings and 383 off-market properties in Greenbrier, AR. Commercial property asks $511/SF to buy and $10.67/SF/Yr to lease.
Market Trends
Greenbrier, AR spans 157.3 square miles in Faulkner County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenbrier, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Greenbrier, AR runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenbrier, 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 Greenbrier, AR asks $122/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 79.5%
- Agricultural 14.2%
- Commercial 5.8%
- Industrial 0.6%
Largest Zones share of zoned land by district
Single Family Residential
Agriculture
General Commercial District
Medium Density Residential
Office And Quiet Business
Greenbrier, AR zones 5,089 acres across 10 districts. Commercial zoning covers 5.8% of zoned land, residential 79.5% and industrial 0.6%. The largest single district is Single Family Residential at 77.6%. For commercial buyers the practical constraint is that only 6.3% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1 (Single Family Residential) is the most restrictive residential district. The principal use of land is for detached single-family dwellings and related recreational, religious, and educational facilities normally required to provide the basic elements of a balanced and attractive residential area. These areas are intended to be defined and protected from…
Market overview
Demographics & Economy
Greenbrier, AR has 18,525 residents in 7,143 households. Density runs 118 people per square mile. Median household income here is $80,406 and median gross rent $1,027 a month.
18,525
Population
7,143
Households
2.6
Avg Household Size
37
Median Age
28%
College-Educated
96%
High-School Grad
157.3 sq mi
ZIP Area
118
Density / Sq Mi
$80,406
Median Household Income
$48,578
Median Earnings
$1,027
Median Rent
$203,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Linder | — | — |
| Springhill | — | — |
| Republican | — | — |
| Pleasant Valley | — | — |
Commercial property in Greenbrier, AR asks $511/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenbrier?
Commercial property in Greenbrier, AR asks an average of $511 per square foot. The 5 most recent recorded sales traded at a median of $79/SF, so asking sits 549% above the achieved median. Multifamily carries the highest asking price at $122/SF.
How much does it cost to lease commercial space in Greenbrier?
Asking lease rates in Greenbrier, AR average $10.67 per square foot per year.
What zoning applies to commercial property in Greenbrier?
Greenbrier, AR zones 5,089 acres across 10 districts, of which 5.8% is commercial and 0.6% industrial. The largest single district is Single Family Residential at 77.6% of zoned land. R-1 (Single Family Residential) is the most restrictive residential district. The principal use of land is for detached single-family dwellings and related recreational, religious, and educational facilities normally required to provide the basic elements of a balanced and attractive residential area. These areas are intended to be defined and protected from… Residential zoning covers 79.5% and open space 0%.
Where does Realmo's Greenbrier market data come from?
Realmo compiles Greenbrier, AR figures from 5 recent recorded sales, 133 active sale listings, 3 active lease listings, 383 tracked off-market properties, the current Greenbrier zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 133 active for-sale and 3 active for-lease listings in Greenbrier, 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: 5,089 zoned acres across 10 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
