Commercial Real Estate Market in Garner, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
24 active listings and 1,006 off-market properties in Garner, NC.
Market Trends
Garner, NC spans 57.7 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Garner, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Garner, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily space in Garner, NC has a median asking sale price of $214/SF (based on 5 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Raleigh | $253 | $26.15 |
| Clayton | $225 | $30.00 |
| Cary | $301 | $27.00 |
| Apex | $310 | $31.00 |
Commercial property in Garner, NC asks $218/SF. The 4 bordering markets run from $225/SF in Clayton to $310/SF in Apex, and the city sits below their $277/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Garner?
How does Garner compare to nearby markets on price?
What zoning applies to commercial property in Garner?
Where does Realmo's Garner market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 11 active for-lease listings in Garner, NC. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
