Commercial Real Estate Market in Sherwood, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
883 active listings and 1,416 off-market properties in Sherwood, AR. Commercial property asks $106/SF to buy and $13.96/SF/Yr to lease.
Market Trends
Sherwood, AR spans 54.2 square miles in Pulaski County, Arkansas. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Sherwood, AR asks $81/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 Sherwood, AR asks $72/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 Sherwood, 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 Sherwood, AR asks $145/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 83.1%
- Commercial 14.5%
- Industrial 1.7%
- Planned_development 0.7%
Largest Zones share of zoned land by district
Single Family Residence District
General Commercial District
Highway Commercial And Open Display District
Multifamily Residence District
Light Industrial District
Sherwood, AR zones 12,701 acres across 13 districts. Commercial zoning covers 14.5% of zoned land, residential 83.1% and industrial 1.7%. The largest single district is Single Family Residence District at 77.8%. For commercial buyers the practical constraint is that only 16.3% of land carries a commercial or industrial designation.
Single Family Residence District (R-1)
The R-1 Single Family Residential District is intended for those existing developed areas of the City which are being used for single family residence and related religious, recreational, and educational facilities normally found in a well-balanced residential area, and for those undeveloped areas of the City which seem appropriate for future development for…
Market overview
Demographics & Economy
Sherwood, AR has 34,784 residents in 15,216 households. Density runs 642 people per square mile. Median household income here is $75,853 and median gross rent $1,026 a month.
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Tools
Lease vs Buy Breakeven
At $13.96/SF/Yr lease vs $106/SF buy → buying wins if held > 0.9 years.
The comparison uses county-wide sale comps against Sherwood asking rents, so the implied 13.1% 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 | $106 (county avg) | $15.54 |
| North Little Rock | $106 (county avg) | $13.96 |
| Jacksonville | $106 (county avg) | $5.84 |
Commercial property in Sherwood, AR asks $106/SF. The 3 bordering markets run from $106/SF in Little Rock to $106/SF in Little Rock, and the city sits in line with their $106/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sherwood?
Commercial property in Sherwood, AR asks an average of $106 per square foot. The 6 most recent recorded sales traded at a median of $183/SF. Multifamily carries the highest asking price at $145/SF.
How much does it cost to lease commercial space in Sherwood?
Asking lease rates in Sherwood, AR average $13.96 per square foot per year.
Is it cheaper to lease or buy commercial space in Sherwood?
Buying beats leasing in Sherwood, AR if the property is held longer than 0.9 years, comparing $13.96/SF/Yr asking rent with $106/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 Sherwood compare to nearby markets on price?
Sherwood, AR asks $106/SF against $106/SF in Little Rock, $106/SF in North Little Rock and $106/SF in Jacksonville.
What zoning applies to commercial property in Sherwood?
Sherwood, AR zones 12,701 acres across 13 districts, of which 14.5% is commercial and 1.7% industrial. The largest single district is Single Family Residence District at 77.8% of zoned land. The R-1 Single Family Residential District is intended for those existing developed areas of the City which are being used for single family residence and related religious, recreational, and educational facilities normally found in a well-balanced residential area, and for those undeveloped areas of the City which seem appropriate for future development for… Residential zoning covers 83.1% and open space 0%.
Where does Realmo's Sherwood market data come from?
Realmo compiles Sherwood, AR figures from 7 recent recorded sales, 788 active sale listings, 95 active lease listings, 1,416 tracked off-market properties, the current Sherwood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 788 active for-sale and 95 active for-lease listings in Sherwood, 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.
- Zoning and land use
- The current municipal zoning release: 12,701 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 30 September 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 30 September 2026 · report a data issue
