Commercial Real Estate Market in Cherryville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
53 active listings and 287 off-market properties in Cherryville, NC.
Market Trends
Cherryville, NC spans 58.8 square miles in Gaston County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cherryville, 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 Cherryville, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cherryville, 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 Cherryville, 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 90.2%
- Industrial 6.5%
- Commercial 2.4%
- Mixed use 0.9%
Largest Zones share of zoned land by district
Rural Residential
Single Family Residential
General Manufacturing And Commercial
Single And Two Family
Single Family Residential
Cherryville, NC zones 10,121 acres across 13 districts. Commercial zoning covers 2.4% of zoned land, residential 90.2% and industrial 6.5%. The largest single district is Rural Residential at 62.8%. For commercial buyers the practical constraint is that only 8.9% of land carries a commercial or industrial designation.
Single And Two Family (R-9)
Section 7.4 R-9 Single and Two-Family Medium Density Residential 7.4.1 Permitted Uses: 1. All uses permitted in the R-15 District 2. Two-family dwellings 3. Rest homes, nursing care facilities, and continuing care communities 7.4.2 Special Uses: 1. All special uses listed in 7.2.2 of this Ordinance 2. Bed and breakfast inns 3. Public safety stations 4. Plann…
Market overview
Demographics & Economy
Cherryville, NC has 13,669 residents in 6,306 households. Density runs 232 people per square mile. Median household income here is $57,652 and median gross rent $874 a month.
13,669
Population
6,306
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
89%
High-School Grad
58.8 sq mi
ZIP Area
232
Density / Sq Mi
$57,652
Median Household Income
$37,703
Median Earnings
$874
Median Rent
$196,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waco | — | — |
| Crouse | — | — |
| Flay | — | — |
| Laboratory | — | — |
Commercial property in Cherryville, NC asks $152/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cherryville?
Commercial property in Cherryville, NC asks an average of $152 per square foot. The 6 most recent recorded sales traded at a median of $22/SF, so asking sits 574% above the achieved median.
What zoning applies to commercial property in Cherryville?
Cherryville, NC zones 10,121 acres across 13 districts, of which 2.4% is commercial and 6.5% industrial. The largest single district is Rural Residential at 62.8% of zoned land. Residential zoning covers 90.2% and open space 0%.
Where does Realmo's Cherryville market data come from?
Realmo compiles Cherryville, NC figures from 7 recent recorded sales, 51 active sale listings, 2 active lease listings, 287 tracked off-market properties, the current Cherryville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 51 active for-sale and 2 active for-lease listings in Cherryville, 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: 10,121 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, 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
