Advertise

Commercial Real Estate Market in Charlotte, NC

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

851 active listings and 19,046 off-market properties in Charlotte, NC. Commercial property asks $255/SF to buy and $20.06/SF/Yr to lease. Office vacancy runs 24.6%, the loosest of the segments tracked here.

Zoning & Land Use

Land Use Mix share of zoned land by category

  • Residential 63.2%
  • Industrial 14.9%
  • Mixed use 9.8%
  • Commercial 4.6%
  • Civic 4.5%
  • Planned_development 2.1%
  • Open space 0%

Largest Zones share of zoned land by district

Neighborhood 1 Zoning District
Neighborhood 1 Zoning District
Neighborhood 1 Zoning District
Manufacturing And Logistics Zoning District
Neighborhood 2 Zoning District

Charlotte, NC zones 239,324 acres across 273 districts. Commercial zoning covers 4.6% of zoned land, residential 63.2%, open space 0% and industrial 14.9%. The largest single district is Neighborhood 1 Zoning District at 33.5%. For commercial buyers the practical constraint is that only 19.5% of land carries a commercial or industrial designation.

Neighborhood 1 Zoning District (N1-A)

The N1-A Zoning District allows for the development of residential dwellings on lots of 10000 sq ft or greater. This Zoning District is typically applied to established neighborhoods

Recently Sold

$18.05M across 67,385 SF sold in Charlotte, NC over the most recent period. Deal sizes ranged from $1,275,000 to $5,500,000, with a median of $2,788,500 across 6 sales.
Retail
Retail
8104 University City, Charlotte, NC 28213-8126
$4,000,000
18,324 SF
View details
Life Science
Life Science
1960 Cross Beam, Charlotte, NC 28217-2835
$4,300,000
25,464 SF
View details
Office Buildings
Office Buildings
341 Caswell, Charlotte, NC 28204-2403
$1,275,000
2,076 SF
View details
Medical Offices
Medical Offices
10810 Mallard Crk, Charlotte, NC 28262-9786
$5,500,000
13,233 SF
View details
Other Warehouses
Other Warehouses
5317 Marshall Air, Charlotte, NC 28217-2276
$1,400,000
5,752 SF
View details
Retail
Retail
2036 7th, Charlotte, NC 28204-3336
$1,577,000
2,536 SF
View details

Off-Market Opportunities

Realmo tracks 19,046 off-market commercial properties in Charlotte, NC. Estimated values are modelled, not asking prices.
Retail
Retail
8104 University City, Charlotte, NC 28213-8126
Estimated value:
$4,000,000
18,324 SF
View details
Life Science
Life Science
1960 Cross Beam, Charlotte, NC 28217-2835
Estimated value:
$4,300,000
25,464 SF
View details
Office Buildings
Office Buildings
341 Caswell, Charlotte, NC 28204-2403
Estimated value:
$1,275,000
2,076 SF
View details
Auto Shops
Auto Shops
1325 Emerywood, Charlotte, NC 28210-4103
Estimated value:
$270,000
2,400 SF
View details
Other Warehouses
Other Warehouses
2824 Sparta, Charlotte, NC 28208-5515
Estimated value:
$255,000
6,720 SF
View details
Medical Offices
Medical Offices
10810 Mallard Crk, Charlotte, NC 28262-9786
Estimated value:
$5,500,000
13,233 SF
View details
Other Warehouses
Other Warehouses
5317 Marshall Air, Charlotte, NC 28217-2276
Estimated value:
$1,400,000
5,752 SF
View details
Retail
Retail
2036 7th, Charlotte, NC 28204-3336
Estimated value:
$1,577,000
2,536 SF
View details

Market overview

Demographics & Economy

Charlotte, NC has 955,169 residents in 424,356 households. Density runs 2,369 people per square mile. Median household income here is $85,752 and median gross rent $1,519 a month.

955,169
Population
424,356
Households
2.3
Avg Household Size
35
Median Age
47%
College-Educated
90%
High-School Grad
403.3 sq mi
ZIP Area
2,369
Density / Sq Mi
$85,752
Median Household Income
$51,073
Median Earnings
$1,519
Median Rent
$381,724
Median Home Value

Tools

Zoning Insight Business Placement

Lease vs Buy Breakeven

At $20.06/SF/Yr lease vs $255/SF buy → buying wins if held > 2.3 years.

At a 7.9% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.

Featured Listings

Newest listings
Multifamily
Multifamily
1212 Minter Pl, Charlotte, NC 28203
$2,040,000
View details
Multifamily
Multifamily
834 Van Every St, Charlotte, NC 28205
$1,725,000
0.03 Acres
View details
Multifamily
Multifamily
4532 Radler Ct, Charlotte, NC 28217
$1,650,000
0.03 Acres
View details
Apartment Buildings
Apartment Buildings
3130-3146 Bunche Dr, Charlotte, NC 28205
$2,250,000
0.27 Acres
View details
Mixed Use
Mixed Use
2108 Ayrsley Town Blvd, Charlotte, NC 28273
$540,000
0.10 Acres
View details
Office
Office
2315 Arbors Dr W, Charlotte, NC 28262
$359,000
1.00 Acre
View details
Car Washes
Car Washes
2317 Statesville Ave, Charlotte, NC 28206
$480,000
0.39 Acres
View details
Office Buildings
Office Buildings
5509 Monroe Rd, Charlotte, NC 28212
$950,000
0.05 Acres
View details

Frequently Asked Questions

What is the median price per square foot for commercial property in Charlotte?
Commercial property in Charlotte, NC asks a median of $255 per square foot. The 6 most recent recorded sales traded at a median of $416/SF. By property type, office carries the highest median asking price at $357/SF.
How much does it cost to lease commercial space in Charlotte?
The median asking lease rate in Charlotte, NC is $20.06 per square foot per year.
What is the office vacancy rate in Charlotte?
Office vacancy in Charlotte, NC is 24.6% as of 2025, up from 10.2% in 2019. That is the highest in the 7-year series. Retail vacancy is 3.4%, below Office vacancy.
Which property type has the lowest vacancy in Charlotte?
Retail has the lowest vacancy in Charlotte, NC at 3.4%, inside a 3.1–6.2% band since 2019. For comparison: office 24.6%, industrial 8.1% and multifamily 11.3% (South).
Is it cheaper to lease or buy commercial space in Charlotte?
Buying beats leasing in Charlotte, NC if the property is held longer than 2.3 years, comparing $20.06/SF/Yr asking rent with $255/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Charlotte?
Charlotte, NC zones 239,324 acres across 273 districts, of which 4.6% is commercial and 14.9% industrial. The largest single district is Neighborhood 1 Zoning District at 33.5% of zoned land. The N1-A Zoning District allows for the development of residential dwellings on lots of 10000 sq ft or greater. This Zoning District is typically applied to established neighborhoods Residential zoning covers 63.2% and open space 0%.
Where does Realmo's Charlotte market data come from?
Realmo compiles Charlotte, NC figures from 6 recent recorded sales, 244 active sale listings, 607 active lease listings, 19,046 tracked off-market properties, the current Charlotte zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
Asking prices and medians
There are 244 active for-sale and 607 active for-lease listings in Charlotte, NC. The medians are based on 52 of the for-sale and 43 of the for-lease listings, those that state a price or rent per square foot. 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: 239,324 zoned acres across 273 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
multifamily 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 October 2026 · How Realmo checks market page data · Report a data issue

Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!