Commercial Real Estate Market in Greenland, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 32 off-market properties in Greenland, AR.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Greenland, AR asks $236/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 Greenland, AR asks $217/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 Greenland, 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 Greenland, AR asks $180/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 50.7%
- Commercial 42.6%
- Planned_development 4.4%
- Industrial 2.3%
Largest Zones share of zoned land by district
Low Density Residential
Thoroughfare Commercial
Highway 71 Commercial
Residential Estates
Neighborhood Commercial
Greenland, AR zones 3,873 acres across 9 districts. Commercial zoning covers 42.6% of zoned land, residential 50.7% and industrial 2.3%. The largest single district is Low Density Residential at 30.2%. For commercial buyers the practical constraint is that only 44.9% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
This district is intended for application in single-family residential areas, and previously platted areas generally conforming to requirements of this district, and conditional uses not inconsistent with the residential character of the area
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harmon | — | — |
| Fayetteville | — | $22.25 |
| West Fork | — | — |
| Farmington | — | $19.50 |
Commercial property in Greenland, AR asks $713/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenland?
Commercial property in Greenland, AR asks an average of $713 per square foot. Office carries the highest asking price at $236/SF.
What zoning applies to commercial property in Greenland?
Greenland, AR zones 3,873 acres across 9 districts, of which 42.6% is commercial and 2.3% industrial. The largest single district is Low Density Residential at 30.2% of zoned land. This district is intended for application in single-family residential areas, and previously platted areas generally conforming to requirements of this district, and conditional uses not inconsistent with the residential character of the area Residential zoning covers 50.7% and open space 0%.
Where does Realmo's Greenland market data come from?
Realmo compiles Greenland, AR figures from 11 active sale listings, 32 tracked off-market properties, the current Greenland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Greenland, 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: 3,873 zoned acres across 9 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
