Commercial Real Estate Market in Knightdale, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 active listings and 339 off-market properties in Knightdale, NC.
Market Trends
Knightdale, NC spans 31.6 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Knightdale, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Knightdale, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Knightdale, 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
- 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
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.
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.
Tools
Nearby Markets
Frequently Asked Questions
How much does it cost to lease commercial space in Knightdale?
What zoning applies to commercial property in Knightdale?
Where does Realmo's Knightdale market data come from?
Methodology & data sources
- Asking prices and medians
- There are 4 active for-sale and 3 active for-lease listings in Knightdale, NC. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 3 of the for-lease listings that state a 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: 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 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
