Commercial Real Estate Market in Glocester, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 128 off-market properties in Glocester, RI.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Glocester, RI asks $163/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Glocester, RI asks $177/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Glocester, RI runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Glocester, RI asks $203/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 98.3%
- Industrial 1.1%
- Commercial 0.7%
Largest Zones share of zoned land by district
Agricultural And Residential
Agricultural And Residential
Residential
Industrial
Highway Commercial
Glocester, RI zones 35,583 acres across 6 districts. Commercial zoning covers 0.7% of zoned land, residential 98.3% and industrial 1.1%. The largest single district is Agricultural And Residential at 82.3%. For commercial buyers the practical constraint is that only 1.7% of land carries a commercial or industrial designation.
Agricultural And Residential (A-4)
A-4 Agricultural-Residential This district is intended for agricultural use and low-density single-family dwellings, detached structures, located on lots containing a minimum lot area of four acres A-3 Agricultural-Residential This district is intended for agricultural use and low-density single-family dwellings, detached structures, located on lots containi…
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Smithfield | $194 (county avg) | $17.42 |
| Johnston | $194 (county avg) | $33.12 |
| North Providence | $194 (county avg) | $30.61 |
| North Smithfield | $194 (county avg) | $17.73 |
Commercial property in Glocester, RI asks $194/SF. The 4 bordering markets run from $194/SF in Smithfield to $194/SF in Smithfield, and the city sits in line with their $194/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glocester?
Commercial property in Glocester, RI asks an average of $194 per square foot. The 5 most recent recorded sales traded at a median of $129/SF, so asking sits 51% above the achieved median. Multifamily carries the highest asking price at $203/SF.
How does Glocester compare to nearby markets on price?
Glocester, RI asks $194/SF against $194/SF in Smithfield, $194/SF in Johnston, $194/SF in North Providence and $194/SF in North Smithfield.
What zoning applies to commercial property in Glocester?
Glocester, RI zones 35,583 acres across 6 districts, of which 0.7% is commercial and 1.1% industrial. The largest single district is Agricultural And Residential at 82.3% of zoned land. A-4 Agricultural-Residential This district is intended for agricultural use and low-density single-family dwellings, detached structures, located on lots containing a minimum lot area of four acres A-3 Agricultural-Residential This district is intended for agricultural use and low-density single-family dwellings, detached structures, located on lots containi… Residential zoning covers 98.3% and open space 0%.
Where does Realmo's Glocester market data come from?
Realmo compiles Glocester, RI figures from 7 recent recorded sales, 11 active sale listings, 2 active lease listings, 128 tracked off-market properties, the current Glocester zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 2 active for-lease listings in Glocester, RI. 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: 35,583 zoned acres across 6 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 Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast 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
