Commercial Real Estate Market in Falcon, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 12 off-market properties in Falcon, NC.
Market Trends
Falcon, NC spans 0.8 square miles in Cumberland County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Falcon, NC asks $134/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Falcon, NC asks $107/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Falcon, 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 Falcon, 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 90.7%
- Commercial 4.7%
- Civic 2.9%
- Industrial 1.7%
Largest Zones share of zoned land by district
Residential District
Residential District
Residential District
Residential District
Planned Commercial District
Falcon, NC zones 850 acres across 9 districts. Commercial zoning covers 4.7% of zoned land, residential 90.7% and industrial 1.7%. The largest single district is Residential District at 63.2%. For commercial buyers the practical constraint is that only 6.4% of land carries a commercial or industrial designation.
Residential District (R40A)
R40A Residential District . A district designed primarily for single family dwelling units including the use of manufactured homes, class A on individual lots, with a lot area of forty thousand (40,000) square feet or above. R20 Residential District. A district designed primarily for single-family units with a lot area of 20,000 square feet or above. R20A Re…
Market overview
Demographics & Economy
Falcon, NC has 178 residents in 46 households. Density runs 214 people per square mile. Median household income here is $80,833.
178
Population
46
Households
3.9
Avg Household Size
26
Median Age
16%
College-Educated
84%
High-School Grad
0.8 sq mi
ZIP Area
214
Density / Sq Mi
$80,833
Median Household Income
$0
Median Earnings
$0
Median Rent
$183,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Godwin | — | — |
| Wade | — | — |
| Linden | — | — |
| Dunn | — | $10.09 |
Commercial property in Falcon, NC asks $80/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Falcon?
Commercial property in Falcon, NC asks an average of $80 per square foot. Office carries the highest asking price at $134/SF.
What zoning applies to commercial property in Falcon?
Falcon, NC zones 850 acres across 9 districts, of which 4.7% is commercial and 1.7% industrial. The largest single district is Residential District at 63.2% of zoned land. R40A Residential District . A district designed primarily for single family dwelling units including the use of manufactured homes, class A on individual lots, with a lot area of forty thousand (40,000) square feet or above. R20 Residential District. A district designed primarily for single-family units with a lot area of 20,000 square feet or above. R20A Re… Residential zoning covers 90.7% and open space 0%.
Where does Realmo's Falcon market data come from?
Realmo compiles Falcon, NC figures from 1 active sale listings, 12 tracked off-market properties, the current Falcon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Falcon, 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: 850 zoned acres across 9 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
