Commercial Real Estate Market in Lake Toxaway, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
102 active listings and 409 off-market properties in Lake Toxaway, NC. Commercial property asks $1,452/SF to buy and $14.50/SF/Yr to lease.
Market Trends
Lake Toxaway, NC spans 48.8 square miles in Transylvania County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lake Toxaway, 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 Lake Toxaway, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Lake Toxaway, 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 Lake Toxaway, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Lake Toxaway, NC has 2,114 residents in 1,864 households. Density runs 43 people per square mile. Median household income here is $60,405.
2,114
Population
1,864
Households
1.1
Avg Household Size
51
Median Age
28%
College-Educated
88%
High-School Grad
48.8 sq mi
ZIP Area
43
Density / Sq Mi
$60,405
Median Household Income
$38,539
Median Earnings
$0
Median Rent
$256,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Balsam Grove | — | — |
| Rosman | — | — |
| Sapphire | — | — |
| Glenville | — | — |
Commercial property in Lake Toxaway, NC asks $1,452/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Toxaway?
Commercial property in Lake Toxaway, NC asks an average of $1,452 per square foot. The 7 most recent recorded sales traded at a median of $1,297/SF, so asking sits 12% above the achieved median.
How much does it cost to lease commercial space in Lake Toxaway?
Asking lease rates in Lake Toxaway, NC average $14.50 per square foot per year.
Where does Realmo's Lake Toxaway market data come from?
Realmo compiles Lake Toxaway, NC figures from 8 recent recorded sales, 100 active sale listings, 2 active lease listings, 409 tracked off-market properties. 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 2 active for-lease listings in Lake Toxaway, 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.
- 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
