Commercial Real Estate Market in Salisbury, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
194 active listings and 2,814 off-market properties in Salisbury, NC. Commercial property asks $288/SF to buy and $93.41/SF/Yr to lease.
Market Trends
Salisbury, NC spans 204.8 square miles in Rowan County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Salisbury, 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 Salisbury, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Salisbury, 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 Salisbury, 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 63.4%
- Mixed use 11.4%
- Industrial 11.3%
- Commercial 7%
- Civic 6.9%
- Agricultural 0%
Largest Zones share of zoned land by district
General Residential
Rural Residential
General Residential
Light Industrial
Corridor Mixed Use
Salisbury, NC zones 22,492 acres across 20 districts. Commercial zoning covers 7% of zoned land, residential 63.4% and industrial 11.3%. The largest single district is General Residential at 28%. For commercial buyers the practical constraint is that only 18.3% of land carries a commercial or industrial designation.
General Residential (GR6)
The GR6 District is intended for City existing predominately residential neighborhoods as well as provide for new primarily-residential development in accordance with a suburban pattern. These Districts are differentiated only by the density of the overall development relative to the planning goals of the City as set forth in the Comprehensive Plan
Market overview
Demographics & Economy
Salisbury, NC has 82,444 residents in 36,861 households. Density runs 403 people per square mile. Median household income here is $59,727 and median gross rent $966 a month.
82,444
Population
36,861
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
89%
High-School Grad
204.8 sq mi
ZIP Area
403
Density / Sq Mi
$59,727
Median Household Income
$36,608
Median Earnings
$966
Median Rent
$225,210
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Spencer | — | — |
| Spencer | — | — |
| Granite Quarry | — | — |
| Correll Park | — | — |
Commercial property in Salisbury, NC asks $288/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Salisbury?
Commercial property in Salisbury, NC asks an average of $288 per square foot. The 4 most recent recorded sales traded at a median of $202/SF, so asking sits 43% above the achieved median.
How much does it cost to lease commercial space in Salisbury?
Asking lease rates in Salisbury, NC average $93.41 per square foot per year.
What zoning applies to commercial property in Salisbury?
Salisbury, NC zones 22,492 acres across 20 districts, of which 7% is commercial and 11.3% industrial. The largest single district is General Residential at 28% of zoned land. The GR6 District is intended for City existing predominately residential neighborhoods as well as provide for new primarily-residential development in accordance with a suburban pattern. These Districts are differentiated only by the density of the overall development relative to the planning goals of the City as set forth in the Comprehensive Plan Residential zoning covers 63.4% and open space 0%.
Where does Realmo's Salisbury market data come from?
Realmo compiles Salisbury, NC figures from 5 recent recorded sales, 170 active sale listings, 24 active lease listings, 2,814 tracked off-market properties, the current Salisbury zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 170 active for-sale and 24 active for-lease listings in Salisbury, 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: 22,492 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 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
