Commercial Real Estate Market in Spring Lake, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
71 active listings and 500 off-market properties in Spring Lake, NC. Commercial property asks $437/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Spring Lake, NC spans 60.2 square miles in Cumberland County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Spring Lake, NC asks $134/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Spring Lake, NC asks $107/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Spring Lake, 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 Spring Lake, 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
Spring Lake, NC has 23,799 residents in 10,204 households. Density runs 396 people per square mile. Median household income here is $58,750 and median gross rent $1,151 a month.
23,799
Population
10,204
Households
2.3
Avg Household Size
31
Median Age
28%
College-Educated
93%
High-School Grad
60.2 sq mi
ZIP Area
396
Density / Sq Mi
$58,750
Median Household Income
$36,678
Median Earnings
$1,151
Median Rent
$195,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Olde Farm | — | — |
| Ponderosa | — | — |
| Linden | — | — |
| Bunnlevel | — | — |
Commercial property in Spring Lake, NC asks $437/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Spring Lake?
Commercial property in Spring Lake, NC asks an average of $437 per square foot. The 4 most recent recorded sales traded at a median of $248/SF, so asking sits 76% above the achieved median. Office carries the highest asking price at $134/SF.
How much does it cost to lease commercial space in Spring Lake?
Asking lease rates in Spring Lake, NC average $15.00 per square foot per year.
Where does Realmo's Spring Lake market data come from?
Realmo compiles Spring Lake, NC figures from 6 recent recorded sales, 64 active sale listings, 7 active lease listings, 500 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 64 active for-sale and 7 active for-lease listings in Spring Lake, 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
