Commercial Real Estate Market in Cavalier, ND
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 337 off-market properties in Cavalier, ND.
Market Trends
Cavalier, ND spans 176.4 square miles in Pembina County, North Dakota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cavalier, ND runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Cavalier, ND runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Cavalier, ND runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Cavalier, ND runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 42.3%
- Special 20.7%
- Commercial 18.1%
- Industrial 10.2%
- Open space 8.8%
Largest Zones share of zoned land by district
Cavalier, ND zones 733 acres across 7 districts. Commercial zoning covers 18.1% of zoned land, residential 42.3%, open space 8.8% and industrial 10.2%. The largest single district is Single Family Residential at 23.4%. For commercial buyers the practical constraint is that only 28.3% of land carries a commercial or industrial designation.
R-1 Residential Districts, Single-Family R-2 Residential Districts, Multi-Family R-3 Residential Districts, Mobile Home C-1 Commercial Districts I-1 Industrial Districts A-1 Agricultural P-1 Park 6.0602 R-1 - Residential Districts - Single Family In a single-family district, the following buildings and uses are permitted: 1. Dwelling houses occupied by not m…
Market overview
Demographics & Economy
Cavalier, ND has 2,272 residents in 1,171 households. Density runs 13 people per square mile. Median household income here is $61,875 and median gross rent $843 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Backoo | — | — |
| Akra | — | — |
| Leroy | — | — |
| Hensel | — | — |
Commercial property in Cavalier, ND asks $36/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cavalier?
What zoning applies to commercial property in Cavalier?
Where does Realmo's Cavalier market data come from?
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Cavalier, ND. 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: 733 zoned acres across 7 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 Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest 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