Commercial Real Estate Market in Fayetteville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
728 active listings and 6,635 off-market properties in Fayetteville, NC. Commercial property asks $167/SF to buy and $15.98/SF/Yr to lease.
Market Trends
Fayetteville, NC spans 349.2 square miles in Cumberland County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Fayetteville, 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 Fayetteville, 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 Fayetteville, 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 Fayetteville, 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 44.4%
- Special 39.5%
- Commercial 6.8%
- Industrial 3.9%
- Planned_development 1.7%
- Mixed use 0.9%
- Open space 0.9%
- Civic 0.8%
Largest Zones share of zoned land by district
Fort Bragg Military Reservation
Single Family Residential 10
Single Family Residential 6
Agricultural Residential
Community Commercial
Market overview
Demographics & Economy
Fayetteville, NC has 261,150 residents in 116,651 households. Density runs 748 people per square mile. Median household income here is $58,135 and median gross rent $1,140 a month.
261,150
Population
116,651
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
93%
High-School Grad
349.2 sq mi
ZIP Area
748
Density / Sq Mi
$58,135
Median Household Income
$37,611
Median Earnings
$1,140
Median Rent
$181,727
Median Home Value
Tools
Lease vs Buy Breakeven
At $15.98/SF/Yr lease vs $167/SF buy → buying wins if held > 1.5 years.
At a 9.6% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Eastover | — | — |
| Ponderosa | — | — |
| Hope Mills | — | — |
| Wade | — | — |
Commercial property in Fayetteville, NC asks $167/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fayetteville?
Commercial property in Fayetteville, NC asks an average of $167 per square foot. The 6 most recent recorded sales traded at a median of $264/SF. Office carries the highest asking price at $134/SF.
How much does it cost to lease commercial space in Fayetteville?
Asking lease rates in Fayetteville, NC average $15.98 per square foot per year.
Is it cheaper to lease or buy commercial space in Fayetteville?
Buying beats leasing in Fayetteville, NC if the property is held longer than 1.5 years, comparing $15.98/SF/Yr asking rent with $167/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Fayetteville market data come from?
Realmo compiles Fayetteville, NC figures from 6 recent recorded sales, 577 active sale listings, 151 active lease listings, 6,635 tracked off-market properties, the current Fayetteville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 577 active for-sale and 151 active for-lease listings in Fayetteville, 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: 88,410 zoned acres across 38 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
