Commercial Real Estate Market in North Little Rock, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
860 active listings and 1,416 off-market properties in North Little Rock, AR. Commercial property asks $98/SF to buy and $13.60/SF/Yr to lease.
Market Trends
North Little Rock, AR spans 179.9 square miles in Pulaski County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in North Little Rock, AR asks $67/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 North Little Rock, AR asks $78/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 North Little Rock, 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 North Little Rock, AR asks $112/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
Market overview
Demographics & Economy
North Little Rock, AR has 129,763 residents in 62,296 households. Density runs 721 people per square mile. Median household income here is $62,444 and median gross rent $1,024 a month.
129,763
Population
62,296
Households
2.1
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
179.9 sq mi
ZIP Area
721
Density / Sq Mi
$62,444
Median Household Income
$41,884
Median Earnings
$1,024
Median Rent
$183,432
Median Home Value
Tools
Lease vs Buy Breakeven
At $13.60/SF/Yr lease vs $98/SF buy → buying wins if held > 0.8 years.
The comparison uses county-wide sale comps against North Little Rock asking rents, so the implied 13.8% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. 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 |
|---|---|---|
| Little Rock | $98 (county avg) | $15.75 |
| Booker | $98 (county avg) | — |
| College Station | $98 (county avg) | — |
| Sweet Home | $98 (county avg) | — |
Commercial property in North Little Rock, AR asks $98/SF. The 4 bordering markets run from $98/SF in Little Rock to $98/SF in Little Rock, and the city sits in line with their $98/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Little Rock?
Commercial property in North Little Rock, AR asks an average of $98 per square foot. The 6 most recent recorded sales traded at a median of $183/SF. Multifamily carries the highest asking price at $112/SF.
How much does it cost to lease commercial space in North Little Rock?
Asking lease rates in North Little Rock, AR average $13.60 per square foot per year.
Is it cheaper to lease or buy commercial space in North Little Rock?
Buying beats leasing in North Little Rock, AR if the property is held longer than 0.8 years, comparing $13.60/SF/Yr asking rent with $98/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.
How does North Little Rock compare to nearby markets on price?
North Little Rock, AR asks $98/SF against $98/SF in Little Rock, $98/SF in Booker, $98/SF in College Station and $98/SF in Sweet Home.
Where does Realmo's North Little Rock market data come from?
Realmo compiles North Little Rock, AR figures from 7 recent recorded sales, 762 active sale listings, 98 active lease listings, 1,416 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 762 active for-sale and 98 active for-lease listings in North Little Rock, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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.
- 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
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, 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
