Commercial Real Estate Market in Paragould, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
217 active listings and 1,322 off-market properties in Paragould, AR. Commercial property asks $137/SF to buy and $13.39/SF/Yr to lease.
Market Trends
Paragould, AR spans 285.3 square miles in Greene County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Paragould, AR asks $48/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 Paragould, AR asks $145/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 Paragould, 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 Paragould, AR asks $98/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 45.4%
- Agricultural 36.3%
- Industrial 9.5%
- Commercial 7.4%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Agricultural And Rural Lands
Single Unit Low Density Residential
Mixed Residential 1
Heavy Industrial
Single Unit Low Density Residential
Mixed Residential 1 (MR-1)
D are governed by the master plan as approved, and shall conform to the uses and conditions established therein. Table 4.1. Use Matrix s= Not permitted, n=By-right use, o=Conditional Use Zone Use AG RE R-12 R-10 R-8 MR-1 MR-2 HC CC NC OP DTC TND M-1 M-2 PUD FLO Use Condition Accessory, Miscellaneous, and Temporary Uses Accessory structure n n n n n n n p p p…
Market overview
Demographics & Economy
Paragould, AR has 39,945 residents in 16,784 households. Density runs 140 people per square mile. Median household income here is $56,390 and median gross rent $865 a month.
39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Light | — | — |
| Walcott | — | — |
| Cardwell | — | — |
| Lafe | — | — |
Commercial property in Paragould, AR asks $137/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Paragould?
Commercial property in Paragould, AR asks an average of $137 per square foot. The 3 most recent recorded sales traded at a median of $33/SF, so asking sits 310% above the achieved median. Retail carries the highest asking price at $145/SF.
How much does it cost to lease commercial space in Paragould?
Asking lease rates in Paragould, AR average $13.39 per square foot per year.
Where does Realmo's Paragould market data come from?
Realmo compiles Paragould, AR figures from 4 recent recorded sales, 204 active sale listings, 13 active lease listings, 1,322 tracked off-market properties, the current Paragould zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 204 active for-sale and 13 active for-lease listings in Paragould, 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: 19,120 zoned acres across 15 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
