Commercial Real Estate Market in Arapahoe, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 125 off-market properties in Arapahoe, NE.
Market Trends
Arapahoe, NE spans 160.6 square miles in Furnas County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Arapahoe, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Arapahoe, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Arapahoe, NE runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Arapahoe, NE runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 53%
- Commercial 19.4%
- Industrial 16%
- Agricultural 6.6%
- Civic 5%
Largest Zones share of zoned land by district
Multifamily Residential Medium Density
Single Family Residential Low Density
General Commercial
Light Industrial
Resource Protection
Arapahoe, NE zones 634 acres across 7 districts. Commercial zoning covers 19.4% of zoned land, residential 53% and industrial 16%. The largest single district is Multifamily Residential Medium Density at 34.5%. For commercial buyers the practical constraint is that only 35.4% of land carries a commercial or industrial designation.
Multifamily Residential Medium Density (R-2)
R-2 Multi-Family Residential zones provide for medium density residential development and allow certain public facilities and services which serve the development
Market overview
Demographics & Economy
Arapahoe, NE has 1,290 residents in 667 households. Density runs 8 people per square mile. Median household income here is $64,519.
1,290
Population
667
Households
1.9
Avg Household Size
45
Median Age
18%
College-Educated
92%
High-School Grad
160.6 sq mi
ZIP Area
8
Density / Sq Mi
$64,519
Median Household Income
$42,685
Median Earnings
$0
Median Rent
$104,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Edison | — | — |
| Holbrook | — | — |
| Beaver City | — | — |
| Hendley | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Arapahoe?
Arapahoe, NE zones 634 acres across 7 districts, of which 19.4% is commercial and 16% industrial. The largest single district is Multifamily Residential Medium Density at 34.5% of zoned land. R-2 Multi-Family Residential zones provide for medium density residential development and allow certain public facilities and services which serve the development Residential zoning covers 53% and open space 0%.
Where does Realmo's Arapahoe market data come from?
Realmo compiles Arapahoe, NE figures from 1 active sale listings, 125 tracked off-market properties, the current Arapahoe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Arapahoe, NE. 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: 634 zoned acres across 7 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 Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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
