Commercial Real Estate Market in Cooleemee, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Cooleemee, NC spans 0.6 square miles in Davie County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cooleemee, 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 Cooleemee, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cooleemee, 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 Cooleemee, 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%
- Industrial 20.1%
- Commercial 4.9%
Largest Zones share of zoned land by district
Single Family Residential District
Light Industrial District
Office Institutional District
Highway Business District
Manufactured Home Park District
Cooleemee, NC zones 495 acres across 6 districts. Commercial zoning covers 4.9% of zoned land, residential 75.1% and industrial 20.1%. The largest single district is Single Family Residential District at 73.1%. For commercial buyers the practical constraint is that only 25% of land carries a commercial or industrial designation.
Single Family Residential District (RS)
R-S Single-Family Residential District The R-S Single Family Residential District as herein established is intended for medium density single-family residential uses along with other residentially related facilities which serve the residents in these districts.
Market overview
Demographics & Economy
Cooleemee, NC has 798 residents in 447 households. Density runs 1,280 people per square mile. Median household income here is $47,417 and median gross rent $964 a month.
798
Population
447
Households
1.8
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
1,280
Density / Sq Mi
$47,417
Median Household Income
$32,950
Median Earnings
$964
Median Rent
$139,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Woodleaf | — | — |
| Mount Vernon | — | — |
| Mocksville | — | — |
| Barber | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Cooleemee?
Cooleemee, NC zones 495 acres across 6 districts, of which 4.9% is commercial and 20.1% industrial. The largest single district is Single Family Residential District at 73.1% of zoned land. R-S Single-Family Residential District The R-S Single Family Residential District as herein established is intended for medium density single-family residential uses along with other residentially related facilities which serve the residents in these districts. Residential zoning covers 75.1% and open space 0%.
Methodology & data sources
- 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: 495 zoned acres across 6 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
