Commercial Real Estate Market in Knightdale, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 339 off-market properties in Knightdale, NC. Commercial property asks $480/SF to buy and $58.00/SF/Yr to lease.
Market Trends
Knightdale, NC spans 31.6 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Knightdale, 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 Knightdale, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Knightdale, 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 Knightdale, 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 58.1%
- Planned_development 14.7%
- Commercial 9%
- Agricultural 5.1%
- Mixed use 5%
- Industrial 4.6%
Largest Zones share of zoned land by district
Rural Transition
General Residential Medium Density
General Residential Low Density
Rural Residential
Neighborhood Mixed Use Planned Unit Development
Knightdale, NC zones 16,428 acres across 30 districts. Commercial zoning covers 9% of zoned land, residential 58.1% and industrial 4.6%. The largest single district is Rural Transition at 24.9%. For commercial buyers the practical constraint is that only 13.6% of land carries a commercial or industrial designation.
Neighborhood Mixed Use Planned Unit Development (NMX-PUD)
The Neighborhood Mixed Use Planned Unit Development is intended to accommodate pedestrian scaled, higher density residential homes, and opportunities for limited scale commercial activities along existing mixed use corridors, in areas of transition, and at the functional center of new neighborhoods. Development in this district should encourage pedestrian ac…
Market overview
Demographics & Economy
Knightdale, NC has 32,567 residents in 12,781 households. Density runs 1,029 people per square mile. Median household income here is $85,400 and median gross rent $1,560 a month.
32,567
Population
12,781
Households
2.5
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
31.6 sq mi
ZIP Area
1,029
Density / Sq Mi
$85,400
Median Household Income
$46,629
Median Earnings
$1,560
Median Rent
$301,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Eagle Rock | — | — |
| Raleigh | — | $31.27 |
| Wendell | — | $14.25 |
| North Hills | — | — |
Commercial property in Knightdale, NC asks $480/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Knightdale?
Commercial property in Knightdale, NC asks an average of $480 per square foot. The 6 most recent recorded sales traded at a median of $204/SF, so asking sits 135% above the achieved median. Office carries the highest asking price at $309/SF.
How much does it cost to lease commercial space in Knightdale?
Asking lease rates in Knightdale, NC average $58.00 per square foot per year.
What zoning applies to commercial property in Knightdale?
Knightdale, NC zones 16,428 acres across 30 districts, of which 9% is commercial and 4.6% industrial. The largest single district is Rural Transition at 24.9% of zoned land. Residential zoning covers 58.1% and open space 0%.
Where does Realmo's Knightdale market data come from?
Realmo compiles Knightdale, NC figures from 6 recent recorded sales, 32 active sale listings, 3 active lease listings, 339 tracked off-market properties, the current Knightdale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 3 active for-lease listings in Knightdale, 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: 16,428 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 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
