Commercial Real Estate Market in Burlington, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
177 active listings and 2,237 off-market properties in Burlington, NC. Commercial property asks $98/SF to buy and $17.54/SF/Yr to lease.
Market Trends
Burlington, NC spans 186.3 square miles in Alamance County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Burlington, 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 Burlington, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Burlington, 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 Burlington, 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 53.2%
- Industrial 16.8%
- Mixed use 14.8%
- Civic 13%
- Commercial 1.9%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Medium Density Residential
High Density Residential
Light Industrial
Medium Industrial
General Business District
Burlington, NC zones 23,520 acres across 23 districts. Commercial zoning covers 1.9% of zoned land, residential 53.2% and industrial 16.8%. The largest single district is Medium Density Residential at 48.7%. For commercial buyers the practical constraint is that only 18.7% of land carries a commercial or industrial designation.
Medium Density Residential (MDR)
MDR Medium Density Residential R-12 Residential R-9 Residential R-6 Residential HDR High Density Residential MF-A Multifamily Residential MF-B Multifamily Residential R-M Residential - Mobile Home RMH Residential Manufactured Home CONVENTIONAL BUSINESS DISTRICTS OI Office Institutional OI Office Institutional R-OI Restricted Office Institutional B-1 Neighbor…
Market overview
Demographics & Economy
Burlington, NC has 84,176 residents in 38,246 households. Density runs 452 people per square mile. Median household income here is $59,198 and median gross rent $993 a month.
84,176
Population
38,246
Households
2.2
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
186.3 sq mi
ZIP Area
452
Density / Sq Mi
$59,198
Median Household Income
$40,091
Median Earnings
$993
Median Rent
$205,610
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glen Raven | — | — |
| Graham | — | $36.19 |
| Elon | — | — |
| Haw River | — | — |
Commercial property in Burlington, NC asks $98/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Burlington?
Commercial property in Burlington, NC asks an average of $98 per square foot. The 8 most recent recorded sales traded at a median of $110/SF.
How much does it cost to lease commercial space in Burlington?
Asking lease rates in Burlington, NC average $17.54 per square foot per year.
What zoning applies to commercial property in Burlington?
Burlington, NC zones 23,520 acres across 23 districts, of which 1.9% is commercial and 16.8% industrial. The largest single district is Medium Density Residential at 48.7% of zoned land. MDR Medium Density Residential R-12 Residential R-9 Residential R-6 Residential HDR High Density Residential MF-A Multifamily Residential MF-B Multifamily Residential R-M Residential - Mobile Home RMH Residential Manufactured Home CONVENTIONAL BUSINESS DISTRICTS OI Office Institutional OI Office Institutional R-OI Restricted Office Institutional B-1 Neighbor… Residential zoning covers 53.2% and open space 0%.
Where does Realmo's Burlington market data come from?
Realmo compiles Burlington, NC figures from 8 recent recorded sales, 147 active sale listings, 30 active lease listings, 2,237 tracked off-market properties, the current Burlington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 147 active for-sale and 30 active for-lease listings in Burlington, 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: 23,520 zoned acres across 23 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
