Commercial Real Estate Market in Denver, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
87 active listings and 652 off-market properties in Denver, NC.
Market Trends
Denver, NC spans 44.7 square miles in Lincoln County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Denver, 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 Denver, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Denver, 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 Denver, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Denver, NC has 25,596 residents in 11,930 households. Density runs 572 people per square mile. Median household income here is $109,779 and median gross rent $1,126 a month.
25,596
Population
11,930
Households
2.1
Avg Household Size
46
Median Age
46%
College-Educated
96%
High-School Grad
44.7 sq mi
ZIP Area
572
Density / Sq Mi
$109,779
Median Household Income
$54,345
Median Earnings
$1,126
Median Rent
$455,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pumpkin Center | — | — |
| Drums Crossroads | — | — |
| Sherrills Ford | — | — |
| Olivers Crossroads | — | — |
Commercial property in Denver, NC asks $1,247/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Denver?
Commercial property in Denver, NC asks an average of $1,247 per square foot. The 6 most recent recorded sales traded at a median of $375/SF, so asking sits 232% above the achieved median.
Where does Realmo's Denver market data come from?
Realmo compiles Denver, NC figures from 7 recent recorded sales, 83 active sale listings, 4 active lease listings, 652 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 83 active for-sale and 4 active for-lease listings in Denver, 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.
- 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
