Commercial Real Estate Market in Oakland, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 143 off-market properties in Oakland, RI. Commercial property asks $196/SF to buy and $17.35/SF/Yr to lease.
Market Trends
Oakland, RI spans 0.6 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Oakland, RI asks $189/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 Oakland, RI asks $180/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 Oakland, 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 Oakland, RI asks $207/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
Market overview
Demographics & Economy
Oakland, RI has 580 residents in 124 households. Density runs 938 people per square mile. Median household income here is $92,016.
580
Population
124
Households
4.7
Avg Household Size
37
Median Age
31%
College-Educated
100%
High-School Grad
0.6 sq mi
ZIP Area
938
Density / Sq Mi
$92,016
Median Household Income
$67,097
Median Earnings
$0
Median Rent
$342,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Burrillville | $196 (county avg) | $17.35 |
| North Smithfield | $196 (county avg) | $17.73 |
| Glocester | $196 (county avg) | — |
Commercial property in Oakland, RI asks $196/SF. The 3 bordering markets run from $196/SF in Burrillville to $196/SF in Burrillville, and the city sits in line with their $196/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oakland?
Commercial property in Oakland, RI asks an average of $196 per square foot. Multifamily carries the highest asking price at $207/SF.
How much does it cost to lease commercial space in Oakland?
Asking lease rates in Oakland, RI average $17.35 per square foot per year.
How does Oakland compare to nearby markets on price?
Oakland, RI asks $196/SF against $196/SF in Burrillville, $196/SF in North Smithfield and $196/SF in Glocester.
Where does Realmo's Oakland market data come from?
Realmo compiles Oakland, RI figures from 6 recent recorded sales, 24 active sale listings, 6 active lease listings, 143 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 6 active for-lease listings in Oakland, 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.
- 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 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 30 September 2026 · report a data issue
