Commercial Real Estate Market in Albemarle, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
29 active listings and 927 off-market properties in Albemarle, NC.
Market Trends
Albemarle, NC spans 131.4 square miles in Stanly County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Albemarle, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Albemarle, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Albemarle, NC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Albemarle, NC has a median asking sale price of $161/SF (based on 7 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.4%
- Industrial 14.2%
- Commercial 12.5%
- Civic 3.1%
- Mixed use 1.3%
Largest Zones share of zoned land by district
Albemarle, NC zones 11,784 acres across 20 districts. Commercial zoning covers 12.5% of zoned land, residential 64.4% and industrial 14.2%. The largest single district is General Residential District Low Density at 53.4%. For commercial buyers the practical constraint is that only 26.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Albemarle, NC has 27,185 residents in 12,847 households. Density runs 207 people per square mile. Median household income here is $55,610 and median gross rent $823 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Albemarle?
What zoning applies to commercial property in Albemarle?
Where does Realmo's Albemarle market data come from?
Methodology & data sources
- Asking prices and medians
- There are 22 active for-sale and 7 active for-lease listings in Albemarle, NC. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 11,784 zoned acres across 20 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 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South 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 31 October 2026 · How Realmo checks market page data · Report a data issue
