Commercial Real Estate Market in Broadway, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 120 off-market properties in Broadway, NC.
Market Trends
Broadway, NC spans 53.8 square miles in Lee County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Broadway, 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 Broadway, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Broadway, 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 Broadway, 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
- Industrial 74.5%
- Residential 25%
- Mixed use 0.4%
- Commercial 0.1%
- Civic 0%
Largest Zones share of zoned land by district
Residential Agricultural District
Residential Single Family District
Residential Mixed Manufactured Home District
Residential Mixed District Conditional Use
Residential Mixed District
Broadway, NC zones 3,223 acres across 13 districts. Commercial zoning covers 0.1% of zoned land, residential 25% and industrial 74.5%. The largest single district is Residential Agricultural District at 73.6%. For commercial buyers the practical constraint is that only 74.5% of land carries a commercial or industrial designation.
Residential Agricultural District (RA)
RA RESIDENTIAL AGRICULTURAL DISTRICT. The RA (Residential Agricultural) district is established to provide areas for low density single family uses, low intensity agricultural operations as well as agri -business and supportive industrial and commercial uses. Industrial operations are not permi tted unless they clearly support an agricultural use. RA zoning…
Market overview
Demographics & Economy
Broadway, NC has 7,005 residents in 3,158 households. Density runs 130 people per square mile. Median household income here is $77,629 and median gross rent $975 a month.
7,005
Population
3,158
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
87%
High-School Grad
53.8 sq mi
ZIP Area
130
Density / Sq Mi
$77,629
Median Household Income
$40,399
Median Earnings
$975
Median Rent
$190,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cumnock | — | — |
| Colon | — | — |
| White Hill | — | — |
| Mamers | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Broadway?
Broadway, NC zones 3,223 acres across 13 districts, of which 0.1% is commercial and 74.5% industrial. The largest single district is Residential Agricultural District at 73.6% of zoned land. RA RESIDENTIAL AGRICULTURAL DISTRICT. The RA (Residential Agricultural) district is established to provide areas for low density single family uses, low intensity agricultural operations as well as agri -business and supportive industrial and commercial uses. Industrial operations are not permi tted unless they clearly support an agricultural use. RA zoning… Residential zoning covers 25% and open space 0%.
Where does Realmo's Broadway market data come from?
Realmo compiles Broadway, NC figures from 4 recent recorded sales, 13 active sale listings, 120 tracked off-market properties, the current Broadway zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Broadway, 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: 3,223 zoned acres across 13 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
