Commercial Real Estate Market in Garner, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
87 active listings and 1,006 off-market properties in Garner, NC. Commercial property asks $216/SF to buy and $18.95/SF/Yr to lease.
Market Trends
Garner, NC spans 57.7 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Garner, NC asks $309/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 vacancy in Garner, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Garner, 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 space in Garner, NC asks $260/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.7%
- Mixed use 12.7%
- Industrial 12.2%
- Open space 0.3%
Largest Zones share of zoned land by district
Rural Agriculture
Residential 2
Residential 4 Conditional
Residential 4
Commercial Mixed Use
Garner, NC zones 25,586 acres across 23 districts. The largest single district is Rural Agriculture at 22.7%. For commercial buyers the practical constraint is that only 12.2% of land carries a commercial or industrial designation.
Rural Agriculture (RA)
The RA District primarily accommodates agriculture, silviculture, and rural residential (aka large lot single family residential) uses. Other uses typically found in rural areas, including utility structures and other compatible uses are also found in the district.
Market overview
Demographics & Economy
Garner, NC has 54,250 residents in 22,089 households. Density runs 940 people per square mile. Median household income here is $86,426 and median gross rent $1,379 a month.
54,250
Population
22,089
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
940
Density / Sq Mi
$86,426
Median Household Income
$47,686
Median Earnings
$1,379
Median Rent
$325,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Raleigh | — | $31.27 |
| Five Points | — | — |
| North Hills | — | — |
| Knightdale | — | — |
Commercial property in Garner, NC asks $216/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Garner?
Commercial property in Garner, NC asks an average of $216 per square foot. The 5 most recent recorded sales traded at a median of $246/SF. Office carries the highest asking price at $309/SF.
How much does it cost to lease commercial space in Garner?
Asking lease rates in Garner, NC average $18.95 per square foot per year.
What zoning applies to commercial property in Garner?
Garner, NC zones 25,586 acres across 23 districts, of which 0% is commercial and 12.2% industrial. The largest single district is Rural Agriculture at 22.7% of zoned land. The RA District primarily accommodates agriculture, silviculture, and rural residential (aka large lot single family residential) uses. Other uses typically found in rural areas, including utility structures and other compatible uses are also found in the district. Residential zoning covers 74.7% and open space 0.3%.
Where does Realmo's Garner market data come from?
Realmo compiles Garner, NC figures from 5 recent recorded sales, 71 active sale listings, 16 active lease listings, 1,006 tracked off-market properties, the current Garner zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 71 active for-sale and 16 active for-lease listings in Garner, 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: 25,586 zoned acres across 23 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
