Commercial Real Estate in North Carolina | Reonomy

Commercial Real Estate in North Carolina

Unlock property data on all 1,806,912 commercial properties in North Carolina. Search across 100 counties to find the North Carolina property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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North Carolina Commercial Real Estate Quick Facts:

  • There are about 1.6 million commercial properties in the state of North Carolina.
  • By volume, vacant land is the largest property type in North Carolina, making up more than 1 million of the state's total parcels.
  • There are only about 82,000 multi-family properties in the state of North Carolina.
  • Almost 219,000 of North Carolina's commercial properties are located in Qualified Opportunity Zones.

You can quickly search through all North Carolina multifamily, land, and commercial properties with Reonomy to find owner contact information, tenant contact information, sales and debt history, and much more.



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North Carolina commercial real estate sold prices and values

Values and sold prices (last 24 months) United States North Carolina
Average price/sqft $945 $1,601
Average sold price $1,051,559 $796,802
Median sold price $197,877 $184,846
Number of sales 3,311,016 128,233
Number of sales over $250k 1,405,142 50,186
Number of sales over $1m 316,433 9,277
Number of sales over $10m 42,830 1,085
Average total tax amount $7,047 $2,815
Average assessed value $252,071 $273,912
Average market value $355,894 $275,785

North Carolina commercial real estate property averages

Property averages United States North Carolina
Average lot size 815,813 sf 437,341 sf
Median lot size 24,444 sf 41,461 sf
Average building area 1,078 sf 210 sf
Median building area 77 sf 70 sf
Median year built 1970 1983
Average number of units 16 10
Median number of units 2 --

North Carolina commercial real estate total supply

Supply United States North Carolina
Number of parcels 58,466,290 1,843,387
Aggregate lot acerage 1,005,539,896 15,331,025
Aggregate building area 8,055,243,770 sf 50,667,573 sf
Aggregate units 90,000,916 1,283,018

North Carolina commercial real estate industrial mortgages

Debt United States North Carolina
Number of mortgages 41,923,137 839,762
Average value of mortgages $5,197,256 $4,963,119

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