Commercial Real Estate Market in Kannapolis, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
32 active listings and 1,288 off-market properties in Kannapolis, NC. Commercial property asks $198/SF to buy (based on 6 listings) and $15.80/SF/Yr to lease (based on 3 listings).
Market Trends
Kannapolis, NC spans 297.6 square miles in Cabarrus County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Kannapolis, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Kannapolis, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Kannapolis, 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 vacancy in Kannapolis, NC 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
- Civic 44.8%
- Residential 22.6%
- Planned_development 10%
- Industrial 7.9%
- Agricultural 7.6%
- Commercial 6.6%
- Mixed use 0.6%
Largest Zones share of zoned land by district
H. RESIDENTIAL 8 (R8) DISTRICT (1) PURPOSE The purpose of the Residential 8 (R8) District is to provide lands for neighborhoods that accommodate a mix of single family detached, duplex, and triplex dwellings; townhouses; and small-scale multifamily developments at a maximum density of eight units per acre. The district is intended to support a medium-density…
Market overview
Demographics & Economy
Kannapolis, NC has 225,530 residents in 94,363 households. Density runs 758 people per square mile. Median household income here is $84,210 and median gross rent $1,291 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Concord | $187 | $19.00 |
| Mooresville | $214 | $21.43 |
Commercial property in Kannapolis, NC asks $198/SF. The 2 bordering markets run from $187/SF in Concord to $214/SF in Mooresville, and the city sits in line with their $201/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Kannapolis?
How much does it cost to lease commercial space in Kannapolis?
How does Kannapolis compare to nearby markets on price?
Where does Realmo's Kannapolis market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 12 active for-lease listings in Kannapolis, NC. The medians are based on 6 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. 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: 23,198 zoned acres across 30 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
