Commercial Real Estate Market in Asheboro, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
103 active listings and 1,369 off-market properties in Asheboro, NC. Commercial property asks $57/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Asheboro, NC spans 246.2 square miles in Randolph County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Asheboro, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Asheboro, NC asks $70/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Asheboro, NC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Asheboro, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 70.4%
- Industrial 16.1%
- Commercial 12.4%
- Special 1%
Largest Zones share of zoned land by district
Medium Density Residential
Low Density Single Family Residential
Low Density Residential
General Commercial
Tourism Hospitality
Medium Density Residential (R10)
R10 Medium Density Residential Chapter 4 - Zoning Districts 3 R7.5 Medium Density Residential RA6 High Density Residential OA6 Office-Apartment High Density O&I Office and Institutional B1 Neighborhood Commercial M Mercantile Commercial B2 General Commercial B3 Central Commercial TH Tourism-Hospitality I1 Light Industrial I2 General Industrial I3 Limited Ind…
Market overview
Demographics & Economy
Asheboro, NC has 55,431 residents in 25,424 households. Density runs 225 people per square mile. Median household income here is $57,237 and median gross rent $814 a month.
55,431
Population
25,424
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
83%
High-School Grad
246.2 sq mi
ZIP Area
225
Density / Sq Mi
$57,237
Median Household Income
$36,670
Median Earnings
$814
Median Rent
$171,858
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cedar Falls | — | — |
| Franklinville | — | — |
| Millboro | — | — |
| Randleman | — | — |
Commercial property in Asheboro, NC asks $57/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Asheboro?
Commercial property in Asheboro, NC asks an average of $57 per square foot. The 6 most recent recorded sales traded at a median of $183/SF. Retail carries the highest asking price at $70/SF.
How much does it cost to lease commercial space in Asheboro?
Asking lease rates in Asheboro, NC average $12.00 per square foot per year.
Where does Realmo's Asheboro market data come from?
Realmo compiles Asheboro, NC figures from 6 recent recorded sales, 98 active sale listings, 5 active lease listings, 1,369 tracked off-market properties, the current Asheboro zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 98 active for-sale and 5 active for-lease listings in Asheboro, NC. 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: 19,323 zoned acres across 30 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 South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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
