Commercial Real Estate Market in Monroe, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
68 active listings and 2,071 off-market properties in Monroe, NC. Commercial property asks $289/SF to buy (based on 5 listings) and $17.00/SF/Yr to lease (based on 7 listings).
Market Trends
Monroe, NC spans 259.5 square miles in Union County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Monroe, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Monroe, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Monroe, 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 Monroe, 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%
- Industrial 18.7%
- Mixed use 6.1%
- Commercial 3.8%
- Civic 1.2%
Largest Zones share of zoned land by district
Monroe, NC zones 24,339 acres across 20 districts. Commercial zoning covers 3.8% of zoned land, residential 58% and industrial 18.7%. The largest single district is Residential Low Density at 29.2%. For commercial buyers the practical constraint is that only 22.5% of land carries a commercial or industrial designation.
GI General Industrial Section 4.4.1. HI Heavy Industrial Section 4.4.2. Planned Districts PCD Planned Commerce Development Section 4.5.1. PUD Planned Unit Development Section 4.5.2. Conditional Districts C-R Conditional, Residential Section 4.6.E. 89 C-O Conditional, Office Section 4.6.F. C-C Conditional, Commercial Section 4.6.G. C-I Conditional, Industrial…
Market overview
Demographics & Economy
Monroe, NC has 80,442 residents in 31,257 households. Density runs 310 people per square mile. Median household income here is $79,074 and median gross rent $1,249 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Monroe?
How much does it cost to lease commercial space in Monroe?
What zoning applies to commercial property in Monroe?
Where does Realmo's Monroe market data come from?
Methodology & data sources
- Asking prices and medians
- There are 25 active for-sale and 43 active for-lease listings in Monroe, NC. The medians are based on 5 of the for-sale and 7 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: 24,339 zoned acres across 20 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
