Commercial Real Estate Market in Marvin, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Marvin, NC spans 106.3 square miles in Union County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Marvin, 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 Marvin, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Marvin, 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 Marvin, 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
- Residential 61.8%
- Commercial 34.1%
- Civic 2%
Largest Zones share of zoned land by district
Single Family Residential
Rural Residential
Single Family Residential
Single Family Residential
Civic
Marvin, NC zones 3,603 acres across 10 districts. Commercial zoning covers 34.1% of zoned land, residential 61.8%. The largest single district is Single Family Residential at 34.2%. For commercial buyers the practical constraint is that only 34.1% of land carries a commercial or industrial designation.
Civic (CIV)
The Civic District (CIV) provides a location for educational, medical, governmental, religious, and other institutional uses. Large developments in the Civic District are encouraged to provide a master plan to the Village. Institutional uses in the Civic District are required to provide pedestrian connections on their campuses and, to the extent possible, de…
Market overview
Demographics & Economy
Marvin, NC has 64,144 residents in 20,801 households. Density runs 603 people per square mile. Median household income here is $146,196 and median gross rent $1,700 a month.
64,144
Population
20,801
Households
3.1
Avg Household Size
39
Median Age
57%
College-Educated
95%
High-School Grad
106.3 sq mi
ZIP Area
603
Density / Sq Mi
$146,196
Median Household Income
$59,188
Median Earnings
$1,700
Median Rent
$558,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Indian Land | — | — |
| Weddington | — | — |
| Waxhaw | — | — |
| Matthews | — | $22.12 |
Frequently Asked Questions
What zoning applies to commercial property in Marvin?
Marvin, NC zones 3,603 acres across 10 districts, of which 34.1% is commercial and 0% industrial. The largest single district is Single Family Residential at 34.2% of zoned land. Residential zoning covers 61.8% and open space 0%.
Methodology & data sources
- 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: 3,603 zoned acres across 10 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
