Commercial Real Estate Market in Henderson, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
119 active listings and 1,250 off-market properties in Henderson, NC. Commercial property asks $245/SF to buy and $13.94/SF/Yr to lease.
Market Trends
Henderson, NC spans 197.7 square miles in Vance County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Henderson, 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 Henderson, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Henderson, 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 Henderson, 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 71.6%
- Industrial 16.5%
- Commercial 8.6%
- Civic 3.4%
Largest Zones share of zoned land by district
Low Density Residential District
Moderate To Low Density Residential Housing And Urban Development Code Home District
Industrial Non Park District
Moderate To Low Density Residential District
High Density Residential District
Henderson, NC zones 17,471 acres across 19 districts. Commercial zoning covers 8.6% of zoned land, residential 71.6% and industrial 16.5%. The largest single district is Low Density Residential District at 20.2%. For commercial buyers the practical constraint is that only 25% of land carries a commercial or industrial designation.
Low Density Residential District (R20)
The purpose of R20 districts is to establish and preserve areas of land within the jurisdiction for residential and related uses at varying densities
Market overview
Demographics & Economy
Henderson, NC has 39,633 residents in 18,196 households. Density runs 200 people per square mile. Median household income here is $47,156 and median gross rent $885 a month.
39,633
Population
18,196
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
85%
High-School Grad
197.7 sq mi
ZIP Area
200
Density / Sq Mi
$47,156
Median Household Income
$33,187
Median Earnings
$885
Median Rent
$138,610
Median Home Value
Tools
Lease vs Buy Breakeven
At $13.94/SF/Yr lease vs $245/SF buy → buying wins if held > 6.3 years.
At a 5.7% 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 |
|---|---|---|
| Middleburg | — | — |
| Kittrell | — | — |
| Soul City | — | — |
| Oxford | — | — |
Commercial property in Henderson, NC asks $245/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Henderson?
Commercial property in Henderson, NC asks an average of $245 per square foot. The 5 most recent recorded sales traded at a median of $199/SF, so asking sits 24% above the achieved median.
How much does it cost to lease commercial space in Henderson?
Asking lease rates in Henderson, NC average $13.94 per square foot per year.
Is it cheaper to lease or buy commercial space in Henderson?
Buying beats leasing in Henderson, NC if the property is held longer than 6.3 years, comparing $13.94/SF/Yr asking rent with $245/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.
What zoning applies to commercial property in Henderson?
Henderson, NC zones 17,471 acres across 19 districts, of which 8.6% is commercial and 16.5% industrial. The largest single district is Low Density Residential District at 20.2% of zoned land. The purpose of R20 districts is to establish and preserve areas of land within the jurisdiction for residential and related uses at varying densities Residential zoning covers 71.6% and open space 0%.
Where does Realmo's Henderson market data come from?
Realmo compiles Henderson, NC figures from 8 recent recorded sales, 100 active sale listings, 19 active lease listings, 1,250 tracked off-market properties, the current Henderson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 100 active for-sale and 19 active for-lease listings in Henderson, 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: 17,471 zoned acres across 19 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
