Commercial Real Estate Market in Marion, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 450 off-market properties in Marion, AR.
Market Trends
Marion, AR spans 80.0 square miles in Crittenden County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marion, 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 Marion, AR runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Marion, 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 vacancy in Marion, AR runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.8%
- Industrial 35.1%
- Commercial 6.1%
Largest Zones share of zoned land by district
Single Family Residential
Industrial District
Agriculture
Single Family Only Residential
Single Family Only Residential
Marion, AR zones 13,159 acres across 13 districts. Commercial zoning covers 6.1% of zoned land, residential 58.8% and industrial 35.1%. The largest single district is Single Family Residential at 43.5%. For commercial buyers the practical constraint is that only 41.2% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1 Single-Family Residential A. General Description This is the most restrictive residential district. The principal use of land is for 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 a…
Market overview
Demographics & Economy
Marion, AR has 16,394 residents in 6,415 households. Density runs 205 people per square mile. Median household income here is $76,118 and median gross rent $1,025 a month.
16,394
Population
6,415
Households
2.6
Avg Household Size
36
Median Age
23%
College-Educated
90%
High-School Grad
80 sq mi
ZIP Area
205
Density / Sq Mi
$76,118
Median Household Income
$46,529
Median Earnings
$1,025
Median Rent
$206,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jericho | — | — |
| West Memphis | — | — |
| Clarkedale | — | — |
| Crawfordsville | — | — |
Commercial property in Marion, AR asks $16/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marion?
Commercial property in Marion, AR asks an average of $16 per square foot. The 4 most recent recorded sales traded at a median of $120/SF.
What zoning applies to commercial property in Marion?
Marion, AR zones 13,159 acres across 13 districts, of which 6.1% is commercial and 35.1% industrial. The largest single district is Single Family Residential at 43.5% of zoned land. R-1 Single-Family Residential A. General Description This is the most restrictive residential district. The principal use of land is for 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 a… Residential zoning covers 58.8% and open space 0%.
Where does Realmo's Marion market data come from?
Realmo compiles Marion, AR figures from 5 recent recorded sales, 23 active sale listings, 6 active lease listings, 450 tracked off-market properties, the current Marion zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 6 active for-lease listings in Marion, 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: 13,159 zoned acres across 13 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
