Commercial Real Estate Market in Brevard, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
160 active listings and 733 off-market properties in Brevard, NC. Commercial property asks $833/SF to buy and $14.75/SF/Yr to lease.
Market Trends
Brevard, NC spans 116.2 square miles in Transylvania County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Brevard, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Brevard, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Brevard, 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 Brevard, 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
- Residential 75.1%
- Mixed use 9.4%
- Civic 2.8%
- Industrial 2.1%
Largest Zones share of zoned land by district
General Residential 4
General Residential 8
Conditional District
Neighborhood Mixed Use
Institutional Campus
Brevard, NC zones 9,401 acres across 10 districts. The largest single district is General Residential 4 at 56.9%. For commercial buyers the practical constraint is that only 2.1% of land carries a commercial or industrial designation.
General Residential 4 (GR4)
The purpose of GR4 zone is to provide for the city existing predominately residential neighborhoods as well as provide for new primarily residential development
Market overview
Demographics & Economy
Brevard, NC has 18,928 residents in 10,714 households. Density runs 163 people per square mile. Median household income here is $61,560 and median gross rent $939 a month.
18,928
Population
10,714
Households
1.8
Avg Household Size
52
Median Age
40%
College-Educated
94%
High-School Grad
116.2 sq mi
ZIP Area
163
Density / Sq Mi
$61,560
Median Household Income
$34,583
Median Earnings
$939
Median Rent
$372,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pisgah Forest | — | — |
| Penrose | — | — |
| Cedar Mountain | — | — |
| Balsam Grove | — | — |
Commercial property in Brevard, NC asks $833/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Brevard?
Commercial property in Brevard, NC asks an average of $833 per square foot. The 5 most recent recorded sales traded at a median of $351/SF, so asking sits 138% above the achieved median.
How much does it cost to lease commercial space in Brevard?
Asking lease rates in Brevard, NC average $14.75 per square foot per year.
What zoning applies to commercial property in Brevard?
Brevard, NC zones 9,401 acres across 10 districts, of which 0% is commercial and 2.1% industrial. The largest single district is General Residential 4 at 56.9% of zoned land. The purpose of GR4 zone is to provide for the city existing predominately residential neighborhoods as well as provide for new primarily residential development Residential zoning covers 75.1% and open space 0%.
Where does Realmo's Brevard market data come from?
Realmo compiles Brevard, NC figures from 6 recent recorded sales, 155 active sale listings, 5 active lease listings, 733 tracked off-market properties, the current Brevard zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 155 active for-sale and 5 active for-lease listings in Brevard, 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: 9,401 zoned acres across 10 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, 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 August 2026 · report a data issue
