Commercial Real Estate Market in Sheridan, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
137 active listings and 333 off-market properties in Sheridan, AR. Commercial property asks $163/SF to buy and $21.34/SF/Yr to lease.
Market Trends
Sheridan, AR spans 293.5 square miles in Grant County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sheridan, 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 Sheridan, AR runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Sheridan, 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 Sheridan, 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
- Industrial 67.8%
- Residential 24%
- Commercial 5.5%
Largest Zones share of zoned land by district
I
R 1
C 1
P 1
R 3
Sheridan, AR zones 7,495 acres across 8 districts. Commercial zoning covers 5.5% of zoned land, residential 24% and industrial 67.8%. The largest single district is I at 67.8%. For commercial buyers the practical constraint is that only 73.3% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Sheridan, AR has 12,218 residents in 5,359 households. Density runs 42 people per square mile. Median household income here is $75,342 and median gross rent $781 a month.
12,218
Population
5,359
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
293.5 sq mi
ZIP Area
42
Density / Sq Mi
$75,342
Median Household Income
$45,316
Median Earnings
$781
Median Rent
$176,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Center Grove | — | — |
| Prague | — | — |
| Prattsville | — | — |
| Cane Creek | — | — |
Commercial property in Sheridan, AR asks $163/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sheridan?
Commercial property in Sheridan, AR asks an average of $163 per square foot. The 3 most recent recorded sales traded at a median of $96/SF, so asking sits 70% above the achieved median.
How much does it cost to lease commercial space in Sheridan?
Asking lease rates in Sheridan, AR average $21.34 per square foot per year.
What zoning applies to commercial property in Sheridan?
Sheridan, AR zones 7,495 acres across 8 districts, of which 5.5% is commercial and 67.8% industrial. The largest single district is I at 67.8% of zoned land. Residential zoning covers 24% and open space 0%.
Where does Realmo's Sheridan market data come from?
Realmo compiles Sheridan, AR figures from 3 recent recorded sales, 134 active sale listings, 3 active lease listings, 333 tracked off-market properties, the current Sheridan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 134 active for-sale and 3 active for-lease listings in Sheridan, 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: 7,495 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 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
