Flat Rock, NC
Commercial Real Estate Market Trends & Data

$368 Avg asking sale price
$5,459 Avg asking lease rate
15,108 SF Avg unit lease size
13,726 SF Avg building size for sale
4.80% Average cap rate

Flat Rock's Demographic Profile

Flat Rock has 1,884 households and a median income of $88,445, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 3,888
# Households 1,884
Median age 65
Median household income $88,445
Avg household size 2.0
Renter-occupied housing units 283
5-year population change +5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Flat Rock, NC

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Nearby Retail Markets Avg Cost/SF Typical Size
Flat Rock $471 4,572 SF
East Flat Rock $851 1,030 SF
Hendersonville $340 7,590 SF
Mills River $914 4,200 SF
Landrum $183 3,000 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Hendersonville $254 4,035 SF 7.50%
Asheville $458 5,455 SF 9.70%
Black Mountain $532 2,587 SF 10.15%

Commercial Properties For Sale in Flat Rock

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

412 McMurray Rd

Flat Rock, NC 28731

  • 14.22 AC Lot
  • 1 Industrial Lot
  • $3,000,000
For Sale

520 Courtwood Ln

Hendersonville, NC 28739

  • 4,784 SF Multifamily
  • $1,285,000
For Sale

2997 Spartanburg Hwy

East Flat Rock, NC 28726

  • 5,050 SF Industrial Building
  • $889,000
For Sale

Easler Upward Road - 27 Acres

Flat Rock, NC 28731

  • 27 AC Lot
  • 1 Industrial Lot
  • $7,900,000
For Sale

110 Commercial Blvd

Flat Rock, NC 28731

  • 24,000 SF Industrial Building
  • $4,900,000
For Sale

Chick-fil-A Hendersonville South

Hendersonville, NC 28792

  • 5,000 SF Retail Building
  • 3.50% Cap Rate
  • $3,714,285

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Flat Rock pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Flat Rock $368 13,726 SF
East Flat Rock $398 19,464 SF
Hendersonville $345 10,795 SF
Zirconia $514 6,809 SF

Regional Demographic Comparison

This comparison places Flat Rock alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Flat Rock or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Flat Rock 3,888 1,884 65 $88,445 2 283 5%
East Flat Rock 5,554 2,092 42 $51,373 3 744 3%
Hendersonville 16,325 7,563 48 $51,466 2 3,582 5%
Saluda 687 309 57 $47,222 2 86 8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Flat Rock, NC and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Flat Rock

View All Commercial Real Estate For Sale in Flat Rock
Is Flat Rock a good market for a first-time commercial real estate investor?

Flat Rock offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Flat Rock?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Flat Rock. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Flat Rock?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Flat Rock. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Flat Rock compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Flat Rock. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Flat Rock acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Flat Rock, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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