Commercial Real Estate Market in Mayflower, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 158 off-market properties in Mayflower, AR. Commercial property asks $368/SF to buy and $17.59/SF/Yr to lease.
Market Trends
Mayflower, AR spans 52.4 square miles in Faulkner County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mayflower, 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 Mayflower, AR runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Mayflower, 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 Mayflower, 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 75.5%
- Agricultural 12.2%
- Industrial 5.6%
- Commercial 5.3%
- Civic 1.5%
Largest Zones share of zoned land by district
Single Family Detached Site Built
Agriculture
Single Family Detached Site Manufactured Housing
Highway Commercial
Service Commercial
Mayflower, AR zones 2,926 acres across 9 districts. Commercial zoning covers 5.3% of zoned land, residential 75.5% and industrial 5.6%. The largest single district is Single Family Detached Site Built at 65.4%. For commercial buyers the practical constraint is that only 10.9% of land carries a commercial or industrial designation.
Single Family Detached Site Built (R1-SB)
The R-1SB Residential District is intended for the building of stick-built conventional homes on separate and distinct lots. The R-1SB District areas indicated on the attached zoning map are existing areas within the city of Mayflower which were developed primarily as areas for stick-built conventional homes. Areas appropriate for future R-1SB designation ar…
Market overview
Demographics & Economy
Mayflower, AR has 5,206 residents in 2,602 households. Density runs 99 people per square mile. Median household income here is $59,375 and median gross rent $855 a month.
5,206
Population
2,602
Households
2
Avg Household Size
44
Median Age
25%
College-Educated
86%
High-School Grad
52.4 sq mi
ZIP Area
99
Density / Sq Mi
$59,375
Median Household Income
$38,630
Median Earnings
$855
Median Rent
$173,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Little Rock | $98 (county avg) | $13.60 |
| Northpoint | $98 (county avg) | — |
Commercial property in Mayflower, AR asks $368/SF. The 2 bordering markets run from $98/SF in North Little Rock to $98/SF in North Little Rock, and the city sits above their $98/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mayflower?
Commercial property in Mayflower, AR asks an average of $368 per square foot. Multifamily carries the highest asking price at $122/SF.
How much does it cost to lease commercial space in Mayflower?
Asking lease rates in Mayflower, AR average $17.59 per square foot per year.
How does Mayflower compare to nearby markets on price?
Mayflower, AR asks $368/SF against $98/SF in North Little Rock and $98/SF in Northpoint. North Little Rock is the cheapest entry point at 73% below Mayflower pricing, with $13.60/SF/Yr asking rents.
What zoning applies to commercial property in Mayflower?
Mayflower, AR zones 2,926 acres across 9 districts, of which 5.3% is commercial and 5.6% industrial. The largest single district is Single Family Detached Site Built at 65.4% of zoned land. The R-1SB Residential District is intended for the building of stick-built conventional homes on separate and distinct lots. The R-1SB District areas indicated on the attached zoning map are existing areas within the city of Mayflower which were developed primarily as areas for stick-built conventional homes. Areas appropriate for future R-1SB designation ar… Residential zoning covers 75.5% and open space 0%.
Where does Realmo's Mayflower market data come from?
Realmo compiles Mayflower, AR figures from 46 active sale listings, 2 active lease listings, 158 tracked off-market properties, the current Mayflower zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 46 active for-sale and 2 active for-lease listings in Mayflower, 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: 2,926 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
