Commercial Real Estate Market in Kingman, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
647 active listings and 1,636 off-market properties in Kingman, AZ. Commercial property asks $11/SF to buy and $45.26/SF/Yr to lease.
Market Trends
Kingman, AZ spans 2,789.3 square miles in Mohave County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Kingman, AZ asks $177/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Kingman, AZ asks $244/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Kingman, AZ runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Kingman, AZ asks $216/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 61.8%
- Planned_development 22.1%
- Commercial 9.6%
- Industrial 6.1%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Rural Residential
Recreational Open Space
Residential Single Family Minimum 6000 Square Foot Lot Size
Residential Single Family Minimum 40000 Square Foot Lot Size
Commercial Service Business
Kingman, AZ zones 21,126 acres across 31 districts. Commercial zoning covers 9.6% of zoned land, residential 61.8% and industrial 6.1%. The largest single district is Rural Residential at 34%. For commercial buyers the practical constraint is that only 15.7% of land carries a commercial or industrial designation.
Rural Residential (RR)
RR) Zone applies to areas of the City appropriate for both low density residential development and limited agricultural uses in a rural setting. This zone allows predominantly large lot single-family development. B. Multi-Family Zones. The Multi-Family Residential Zones (R-2 through R-4) are established to provide low, medium, and high-density multi-family r…
Market overview
Demographics & Economy
Kingman, AZ has 70,628 residents in 34,579 households. Density runs 25 people per square mile. Median household income here is $53,495 and median gross rent $981 a month.
70,628
Population
34,579
Households
2
Avg Household Size
50
Median Age
14%
College-Educated
87%
High-School Grad
2789.3 sq mi
ZIP Area
25
Density / Sq Mi
$53,495
Median Household Income
$35,096
Median Earnings
$981
Median Rent
$198,766
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Kingman?
Commercial property in Kingman, AZ asks an average of $11 per square foot. The 4 most recent recorded sales traded at a median of $168/SF. Retail carries the highest asking price at $244/SF.
How much does it cost to lease commercial space in Kingman?
Asking lease rates in Kingman, AZ average $45.26 per square foot per year.
What zoning applies to commercial property in Kingman?
Kingman, AZ zones 21,126 acres across 31 districts, of which 9.6% is commercial and 6.1% industrial. The largest single district is Rural Residential at 34% of zoned land. RR) Zone applies to areas of the City appropriate for both low density residential development and limited agricultural uses in a rural setting. This zone allows predominantly large lot single-family development. B. Multi-Family Zones. The Multi-Family Residential Zones (R-2 through R-4) are established to provide low, medium, and high-density multi-family r… Residential zoning covers 61.8% and open space 0%.
Where does Realmo's Kingman market data come from?
Realmo compiles Kingman, AZ figures from 8 recent recorded sales, 636 active sale listings, 11 active lease listings, 1,636 tracked off-market properties, the current Kingman zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 636 active for-sale and 11 active for-lease listings in Kingman, AZ. 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: 21,126 zoned acres across 31 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
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West 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 · How Realmo checks market page data · Report a data issue
