Commercial Real Estate Market in Lowell, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
115 active listings and 399 off-market properties in Lowell, AR. Commercial property asks $602/SF to buy and $21.58/SF/Yr to lease.
Market Trends
Lowell, AR spans 31.8 square miles in Benton County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lowell, 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 Lowell, 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 Lowell, 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 Lowell, 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
- Commercial 46.9%
- Residential 43.6%
- Industrial 5.4%
- Mixed use 4.2%
Largest Zones share of zoned land by district
Suburban Neighborhood 8000 Square Foot Minimum Lot Size
Urban Thoroughfare Commercial
Intermediate Neighborhood 6000 Square Foot Minimum Lot Size
Urban Neighborhood 4000 Square Foot Minimum Lot Size
Industrial
Lowell, AR zones 6,311 acres across 8 districts. Commercial zoning covers 46.9% of zoned land, residential 43.6% and industrial 5.4%. The largest single district is Suburban Neighborhood 8000 Square Foot Minimum Lot Size at 32.2%. For commercial buyers the practical constraint is that only 52.3% of land carries a commercial or industrial designation.
Suburban Neighborhood 8000 Square Foot Minimum Lot Size (R-1)
R-1 suburban neighborhood. The purpose of the R-1 suburban neighborhood district is to accommodate single-family residential development. This zone is characterized by single-family detached dwelling units. (2) R-2 intermediate neighborhood. The purpose of the R-2 intermediate neighborhood district is to accommodate single- and multifamily residential develo…
Market overview
Demographics & Economy
Lowell, AR has 13,371 residents in 5,324 households. Density runs 420 people per square mile. Median household income here is $88,958 and median gross rent $1,119 a month.
13,371
Population
5,324
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
85%
High-School Grad
31.8 sq mi
ZIP Area
420
Density / Sq Mi
$88,958
Median Household Income
$49,144
Median Earnings
$1,119
Median Rent
$255,700
Median Home Value
Tools
Lease vs Buy Breakeven
At $21.58/SF/Yr lease vs $602/SF buy → buying wins if held > 26 years.
At a 3.6% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Springdale | — | $18.02 |
| Cave Springs | — | — |
| Rogers | — | $21.54 |
| Elm Springs | — | — |
Commercial property in Lowell, AR asks $602/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lowell?
Commercial property in Lowell, AR asks an average of $602 per square foot. The 3 most recent recorded sales traded at a median of $136/SF, so asking sits 342% above the achieved median. Office carries the highest asking price at $282/SF.
How much does it cost to lease commercial space in Lowell?
Asking lease rates in Lowell, AR average $21.58 per square foot per year.
Is it cheaper to lease or buy commercial space in Lowell?
Buying beats leasing in Lowell, AR if the property is held longer than 26.0 years, comparing $21.58/SF/Yr asking rent with $602/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Lowell?
Lowell, AR zones 6,311 acres across 8 districts, of which 46.9% is commercial and 5.4% industrial. The largest single district is Suburban Neighborhood 8000 Square Foot Minimum Lot Size at 32.2% of zoned land. R-1 suburban neighborhood. The purpose of the R-1 suburban neighborhood district is to accommodate single-family residential development. This zone is characterized by single-family detached dwelling units. (2) R-2 intermediate neighborhood. The purpose of the R-2 intermediate neighborhood district is to accommodate single- and multifamily residential develo… Residential zoning covers 43.6% and open space 0%.
Where does Realmo's Lowell market data come from?
Realmo compiles Lowell, AR figures from 6 recent recorded sales, 86 active sale listings, 29 active lease listings, 399 tracked off-market properties, the current Lowell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 86 active for-sale and 29 active for-lease listings in Lowell, 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: 6,311 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
