Commercial Real Estate Market in Zebulon, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
98 active listings and 399 off-market properties in Zebulon, NC. Commercial property asks $891/SF to buy and $19.35/SF/Yr to lease.
Market Trends
Zebulon, NC spans 118.5 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Zebulon, NC asks $309/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 vacancy in Zebulon, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Zebulon, 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 space in Zebulon, NC asks $260/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 72.6%
- Industrial 12.1%
- Commercial 10.5%
- Civic 2.8%
- Planned_development 1.9%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Residential Suburban
Residential 13 Special Use District
Residential Neighborhood
Heavy Industrial
Downtown Periphery
Zebulon, NC zones 8,883 acres across 22 districts. Commercial zoning covers 10.5% of zoned land, residential 72.6% and industrial 12.1%. The largest single district is Residential Suburban at 44.9%. For commercial buyers the practical constraint is that only 22.6% of land carries a commercial or industrial designation.
Heavy Industrial (HI)
The Heavy Industrial (HI) district is established to accommodate heavy manufacturing, assembly, fabrication, processing, distribution, storage, and research and development. It is typically located in areas with good access to surface transportation by trucks and rail. Development takes place on larger lots and is often enclosed by security fencing. The dist…
Market overview
Demographics & Economy
Zebulon, NC has 27,178 residents in 11,440 households. Density runs 229 people per square mile. Median household income here is $81,862 and median gross rent $985 a month.
27,178
Population
11,440
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
118.5 sq mi
ZIP Area
229
Density / Sq Mi
$81,862
Median Household Income
$45,609
Median Earnings
$985
Median Rent
$272,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wendell | — | $14.25 |
| Eagle Rock | — | — |
| Middlesex | — | — |
| Emit | — | — |
Commercial property in Zebulon, NC asks $891/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Zebulon?
Commercial property in Zebulon, NC asks an average of $891 per square foot. The 7 most recent recorded sales traded at a median of $193/SF, so asking sits 361% above the achieved median. Office carries the highest asking price at $309/SF.
How much does it cost to lease commercial space in Zebulon?
Asking lease rates in Zebulon, NC average $19.35 per square foot per year.
What zoning applies to commercial property in Zebulon?
Zebulon, NC zones 8,883 acres across 22 districts, of which 10.5% is commercial and 12.1% industrial. The largest single district is Residential Suburban at 44.9% of zoned land. Residential zoning covers 72.6% and open space 0%.
Where does Realmo's Zebulon market data come from?
Realmo compiles Zebulon, NC figures from 8 recent recorded sales, 94 active sale listings, 4 active lease listings, 399 tracked off-market properties, the current Zebulon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 94 active for-sale and 4 active for-lease listings in Zebulon, 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: 8,883 zoned acres across 22 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
