Commercial Real Estate Market in Zebulon, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
9 active listings and 399 off-market properties in Zebulon, NC.
Market Trends
Zebulon, NC spans 118.5 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Zebulon, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Zebulon, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Zebulon, 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 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
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.
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.
Tools
Frequently Asked Questions
How much does it cost to lease commercial space in Zebulon?
What zoning applies to commercial property in Zebulon?
Where does Realmo's Zebulon market data come from?
Methodology & data sources
- Asking prices and medians
- There are 3 active for-sale and 6 active for-lease listings in Zebulon, NC. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 5 of the for-lease listings that state a 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: 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 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
