Commercial Real Estate Market in Jacksonville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
447 active listings and 3,364 off-market properties in Jacksonville, NC. Commercial property asks $161/SF to buy and $22.34/SF/Yr to lease.
Market Trends
Jacksonville, NC spans 231.1 square miles in Onslow County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Jacksonville, 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 Jacksonville, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Jacksonville, 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 Jacksonville, 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
- Special 57.4%
- Civic 27.4%
- Commercial 8.4%
- Residential 4.6%
- Industrial 1.5%
- Mixed use 0.4%
- Planned_development 0.3%
Largest Zones share of zoned land by district
Military Reservation
Residential Single Family 7
Corridor Commercial
Residential Multifamily Low Density
Residential Single Family 20
Military Reservation (MR)
If land within the MR district is declared surplus or otherwise conveyed to private ownership in the future, the land shall be classified as RSF-40 until reclassified to another zoning district in accordance with the provisions of this Ordinance (See Section 2.3.C.) Purpose The MR district is intended to accommodate the military installations under federal a…
Market overview
Demographics & Economy
Jacksonville, NC has 111,121 residents in 47,448 households. Density runs 481 people per square mile. Median household income here is $61,438 and median gross rent $1,127 a month.
111,121
Population
47,448
Households
2.3
Avg Household Size
29
Median Age
25%
College-Educated
93%
High-School Grad
231.1 sq mi
ZIP Area
481
Density / Sq Mi
$61,438
Median Household Income
$34,900
Median Earnings
$1,127
Median Rent
$203,956
Median Home Value
Tools
Lease vs Buy Breakeven
At $22.34/SF/Yr lease vs $161/SF buy → buying wins if held > 0.8 years.
At a 13.8% 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 |
|---|---|---|
| Richlands | — | — |
| Maple Hill | — | — |
| Hubert | — | — |
| Sneads Ferry | — | — |
Commercial property in Jacksonville, NC asks $161/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jacksonville?
Commercial property in Jacksonville, NC asks an average of $161 per square foot. The 5 most recent recorded sales traded at a median of $200/SF.
How much does it cost to lease commercial space in Jacksonville?
Asking lease rates in Jacksonville, NC average $22.34 per square foot per year.
Is it cheaper to lease or buy commercial space in Jacksonville?
Buying beats leasing in Jacksonville, NC if the property is held longer than 0.8 years, comparing $22.34/SF/Yr asking rent with $161/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 Jacksonville market data come from?
Realmo compiles Jacksonville, NC figures from 7 recent recorded sales, 324 active sale listings, 123 active lease listings, 3,364 tracked off-market properties, the current Jacksonville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 324 active for-sale and 123 active for-lease listings in Jacksonville, 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: 38,431 zoned acres across 17 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
