Commercial Real Estate Market in Thatcher, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
10 active listings and 116 off-market properties in Thatcher, AZ.
Market Trends
Thatcher, AZ spans 29.2 square miles in Graham County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Thatcher, AZ asks $196/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 vacancy in Thatcher, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Thatcher, 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 Thatcher, AZ asks $264/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 84.9%
- Commercial 12.1%
- Industrial 1.8%
- Civic 0.9%
- Mixed use 0.4%
Largest Zones share of zoned land by district
Agricultural Residential
Medium Density Residential
Highway Commercial
Medium Density Residential
Low Density Residential
Thatcher, AZ zones 4,289 acres across 12 districts. Commercial zoning covers 12.1% of zoned land, residential 84.9% and industrial 1.8%. The largest single district is Agricultural Residential at 49.6%. For commercial buyers the practical constraint is that only 13.9% of land carries a commercial or industrial designation.
Agricultural Residential (R1-43)
The purpose of this zoning district is to represent those areas of the community that are set aside especially for families wishing to maintain a limited or small scale agrarian lifestyle (i.e. maintaining agricultural animals) in a residential environment on lots with a minimum area of 1 acre.
Market overview
Demographics & Economy
Thatcher, AZ has 6,887 residents in 2,270 households. Density runs 236 people per square mile. Median household income here is $80,658 and median gross rent $959 a month.
6,887
Population
2,270
Households
3
Avg Household Size
30
Median Age
22%
College-Educated
89%
High-School Grad
29.2 sq mi
ZIP Area
236
Density / Sq Mi
$80,658
Median Household Income
$36,500
Median Earnings
$959
Median Rent
$280,200
Median Home Value
Tools
Nearby Markets
Commercial property in Thatcher, AZ asks $1,221/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Thatcher?
Commercial property in Thatcher, AZ asks an average of $1,221 per square foot. The 5 most recent recorded sales traded at a median of $83/SF, so asking sits 1373% above the achieved median. Multifamily carries the highest asking price at $264/SF.
What zoning applies to commercial property in Thatcher?
Thatcher, AZ zones 4,289 acres across 12 districts, of which 12.1% is commercial and 1.8% industrial. The largest single district is Agricultural Residential at 49.6% of zoned land. The purpose of this zoning district is to represent those areas of the community that are set aside especially for families wishing to maintain a limited or small scale agrarian lifestyle (i.e. maintaining agricultural animals) in a residential environment on lots with a minimum area of 1 acre. Residential zoning covers 84.9% and open space 0%.
Where does Realmo's Thatcher market data come from?
Realmo compiles Thatcher, AZ figures from 6 recent recorded sales, 9 active sale listings, 1 active lease listings, 116 tracked off-market properties, the current Thatcher zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 1 active for-lease listings in Thatcher, 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: 4,289 zoned acres across 12 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, industrial vacancy is reported at West 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 30 September 2026 · How Realmo checks market page data · Report a data issue
