List of Micro-Cap Real Estate Stocks
Comprehensive directory of micro-cap REITs and real estate companies, offering unique exposure to niche property sectors and high-yield income opportunities.
Navigating the List of Micro-Cap Real Estate Stocks allows investors to find high-yield opportunities and niche property plays that are often overlooked by institutional funds. As of 2026, these small-scale operators and List of Publicly Traded REITs offer a diverse range of exposure from farmland to specialized medical facilities. To better analyze these volatile assets, investors often utilize the Micro-Cap Real Estate Industry Comparison Widget to track core metrics like Funds From Operations (FFO). While micro-caps carry higher refinancing and liquidity risks, they can provide significant upside during property-cycle recoveries. This directory serves as a starting point for exploring the broader List of Public Real Estate Companies within the micro-cap tier.
Key Takeaways
Micro-caps often dominate highly specialized sectors like farmland, storage, and cannabis-related real estate that large REITs avoid.
Due to their smaller scale and perceived risk, micro-cap real estate stocks frequently offer higher dividend yields than their large-cap counterparts.
Small REITs with high-quality, concentrated portfolios are prime targets for consolidation by larger real estate investment trusts looking for growth.
In 2026, investors must prioritize Adjusted Funds From Operations (AFFO) and payout ratios to ensure dividend sustainability in a high-rate environment.
Top List of Micro-Cap Real Estate Stocks by Market Cap (2026)
The following table features high-interest micro-cap REITs and real estate companies ranked by current market valuation and yield profiles.
| Rank | Ticker | Company | Property Type | Market Cap | Occupancy | Price/FFO | Div Yield |
|---|---|---|---|---|---|---|---|
| 1 | GMRE | Global Medical REIT | Healthcare | $285M | 96.2% | 10.4x | 8.2% |
| 2 | LAND | Gladstone Land | Farmland | $242M | 100% | 18.5x | 4.1% |
| 3 | CHCT | Community Healthcare | Healthcare | $215M | 91.5% | 11.2x | 7.8% |
| 4 | SELF | Global Self Storage | Self-Storage | $158M | 92.4% | 12.8x | 6.4% |
| 5 | STRS | Stratus Properties | Development | $112M | N/A | N/A | 0.0% |
| 6 | ARL | American Realty Investors | Diversified | $98M | 88.4% | 8.2x | 0.0% |
| 7 | WHLR | Wheeler REIT | Retail | $42M | 90.1% | 5.4x | 12.5% |
| 8 | IIPR | Innovative Industrial | Industrial/Niche | $2.8B* | 95.0% | 14.2x | 7.1% |
List of Micro-Cap Real Estate Stocks — Complete Company List
List of Micro-Cap Real Estate Stocks Listed on U.S. Exchanges
- List of Publicly Traded REITs
- List of Public Real Estate Companies
- Large-Cap Real Estate
- Mid-Cap Real Estate
- Small-Cap Real Estate
- Micro-Cap Real Estate Industry Comparison Widget
Apartment REITs
Asset Management
- Altisource Asset Management Corp (AAMC) (Primary client is Altisource Residential Corporation, a publicly traded REIT)
- MMA Capital Management, LLC (MMAC) (Tax-exempt bonds, real estate properties, tax credit equity funds)
Diversified REITs
- Clipper Realty Inc. (CLPR) (IPO February 10, 2017; REIT: multi-family residential and commercial properties in the NY metro market)
- HMG/Courtland Properties, Inc. (HMG) (Commercial Real Estate)
- RAIT Financial Trust (RAS) (Commercial lending, apartments, office and retail)
Farmland
Foreign Real Estate Companies
- China HGS Real Estate, Inc. (HGSH) (China: large-scale commercial and residential projects)
- Elbit Imaging Ltd. (EMITF) (Israel: commercial and entertainment centers)
- Nam Tai Property Inc. (NTP) (China: commercial property)
- Optibase Ltd. (OBAS) (Israel: fixed-income real estate)
Golf Courses
- Drive Shack Inc. (DS) (Golf courses and related properties)
Healthcare REITs
- Community Healthcare Trust (CHCT) (IPO in May 2015: smaller healthcare facilities)
- Global Medical REIT Inc. (GMRE) (IPO June 29, 2016: REIT, healthcare facilities)
Hotel REITs
Industrial REITs
- Plymouth Industrial REIT, Inc. (PLYM) (IPO June 9, 2017; REIT: Class B industrial properties)
Infrastructure REITs
- Power REIT (PW) (Energy and transportation infrastructure)
Medical Marijuana REITs
- Innovative Industrial Properties, Inc. (IIPR) (IPO December 1, 2016: medical-use cannabis facilities)
Mortgage REITs
- Cherry Hill Mortgage Investment Corporation (CHMI)
- Ellington Residential Mortgage REIT (EARN)
- Five Oaks Investment Corp. (OAKS)
- Great Ajax Corp. (AJX)
- Jernigan Capital (JCAP)
- Manhattan Bridge Capital, Inc. (LOAN)
- Owens Realty Mortgage, Inc. (ORM
- Resource Capital Corp. (RSO)
- Sachem Capital Corp. (SACH)
- Tremont Mortgage Trust (TRMT)
Mortgage Services
- Impac Mortgage Holdings, Inc. (IMH) (Residential mortgage loans)
- Security National Financial Corporation (SNFCA) (Diversified: Mortgage loans, deathcare services, life insurance)
- Walter Investment Management Corp. (WAC) (Servicing and origination of residential loans)
Real Estate Development
- American Realty Investors, Inc. (ARL) (Diverse real estate investments)
- AMREP Corporation (AXR) (Marketing and real estate development)
- Consolidated-Tomoka Land Co. (CTO) (Commercial, land, golf courses, natural resources)
- Griffin Industrial Realty, Inc. (GRIF) (Commercial real estate)
- Gyrodyne Company of America, Inc. (GYRO) (Medical offices)
- Income Opportunity Realty Investors, Inc. (IOR) (Southwest Region)
- J W Mays, Inc. (MAYS) (Commercial property)
- Maui Land & Pineapple Company, Inc. (MLP) (Hawaii: large resort, residential communities and watershed reserve)
- New England Realty Associates Limited Partnership (NEN) (Northeast)
- Stratus Properties, Inc. (STRS) (Commercial and residential properties in Texas)
- The Intergroup Corporation (INTG) (Multi-Family and Commercial)
- Transcontinental Realty Investors, Inc. (TCI) (Commercial real estate properties)
- Trinity Place Holdings Inc. (TPHS) (Real estate investments in the United States)
Real Estate Services
- Reis, Inc. (REIS) (Commercial analytics and data)
Royalty
- CKX Lands, Inc. (CKX) (Oil and gas, farming, timber)
Self-Storage REITs
Single Family Rental REITs
Shopping Center REITs
Timberlands
Risks & Considerations
Refinancing and Capital Risk
Micro-cap real estate firms often have less access to cheap credit. In high-interest environments, the cost of rolling over debt can significantly erode FFO and threaten dividend payouts.
Tenant Concentration Issues
Smaller portfolios often mean a single major tenant vacancy can have a catastrophic impact on total revenue, unlike large-cap REITs with thousands of diversified leases.
Limited Market Liquidity
Micro-cap stocks often trade with low daily volume. This can lead to wide bid-ask spreads and extreme price volatility, making it difficult to exit large positions quickly.
Operational Overheads
Smaller companies often face higher management-to-asset ratios. High administrative costs can eat into the cash flow available for shareholder distributions.