Commercial Real Estate Market in Davidson, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
70 active listings and 327 off-market properties in Davidson, NC. Commercial property asks $1,387/SF to buy and $22.65/SF/Yr to lease.
Market Trends
Davidson, NC spans 23.4 square miles in Mecklenburg County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Davidson, 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 Davidson, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Davidson, 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 Davidson, 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 59.5%
- Commercial 18.6%
- Mixed use 10.4%
- Agricultural 8.7%
- Industrial 1.6%
- Civic 0.2%
Largest Zones share of zoned land by district
Rural
Neighborhood Edge
Conditional
Village Infill
Neighborhood General
Davidson, NC zones 8,551 acres across 18 districts. Commercial zoning covers 18.6% of zoned land, residential 59.5% and industrial 1.6%. The largest single district is Rural at 22.9%. For commercial buyers the practical constraint is that only 20.2% of land carries a commercial or industrial designation.
Rural (R)
The Rural Planning Area places a high priority on the preservation of active farmland, open space, and the rural landscape. Development should be limited to clustered, residential neighborhoods with emphasis on protection of natural features and environmentally sensitive areas. The extension of sewer infrastructure and the construction of new roads must be c…
Market overview
Demographics & Economy
Davidson, NC has 21,244 residents in 8,339 households. Density runs 907 people per square mile. Median household income here is $144,920 and median gross rent $1,709 a month.
21,244
Population
8,339
Households
2.5
Avg Household Size
39
Median Age
68%
College-Educated
96%
High-School Grad
23.4 sq mi
ZIP Area
907
Density / Sq Mi
$144,920
Median Household Income
$66,202
Median Earnings
$1,709
Median Rent
$579,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cornelius | — | $24.08 |
| Mount Mourne | — | — |
| Caldwell | — | — |
| Mooresville | — | $21.08 |
Commercial property in Davidson, NC asks $1,387/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Davidson?
Commercial property in Davidson, NC asks an average of $1,387 per square foot. The 6 most recent recorded sales traded at a median of $540/SF, so asking sits 157% above the achieved median.
How much does it cost to lease commercial space in Davidson?
Asking lease rates in Davidson, NC average $22.65 per square foot per year.
What zoning applies to commercial property in Davidson?
Davidson, NC zones 8,551 acres across 18 districts, of which 18.6% is commercial and 1.6% industrial. The largest single district is Rural at 22.9% of zoned land. The Rural Planning Area places a high priority on the preservation of active farmland, open space, and the rural landscape. Development should be limited to clustered, residential neighborhoods with emphasis on protection of natural features and environmentally sensitive areas. The extension of sewer infrastructure and the construction of new roads must be c… Residential zoning covers 59.5% and open space 0%.
Where does Realmo's Davidson market data come from?
Realmo compiles Davidson, NC figures from 6 recent recorded sales, 61 active sale listings, 9 active lease listings, 327 tracked off-market properties, the current Davidson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 61 active for-sale and 9 active for-lease listings in Davidson, 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: 8,551 zoned acres across 18 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
