Commercial Real Estate Market in Conetoe, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 9 off-market properties in Conetoe, NC.
Market Trends
Conetoe, NC spans 1.4 square miles in Edgecombe County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Conetoe, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Conetoe, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Conetoe, 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 vacancy in Conetoe, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 75.1%
- Commercial 16.2%
- Industrial 8.8%
Largest Zones share of zoned land by district
Residential
Residential
Light Industrial
Light Business
General Business
Conetoe, NC zones 218 acres across 5 districts. Commercial zoning covers 16.2% of zoned land, residential 75.1% and industrial 8.8%. The largest single district is Residential at 66.1%. For commercial buyers the practical constraint is that only 24.9% of land carries a commercial or industrial designation.
Light Industrial (M-1)
The purpose of M-1 zone is primarily intended to accommodate limited manufacturing, warehousing, wholesaling, and related commercial and service activities that have little or no adverse impact upon adjoining properties
Market overview
Demographics & Economy
Conetoe, NC has 241 residents in 143 households. Density runs 173 people per square mile. Median household income here is $38,955 and median gross rent $1,077 a month.
241
Population
143
Households
1.7
Avg Household Size
56
Median Age
8%
College-Educated
92%
High-School Grad
1.4 sq mi
ZIP Area
173
Density / Sq Mi
$38,955
Median Household Income
$33,214
Median Earnings
$1,077
Median Rent
$79,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Drake | — | — |
| Bethel | — | — |
| Old Sparta | — | — |
| Princeville | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Conetoe?
Conetoe, NC zones 218 acres across 5 districts, of which 16.2% is commercial and 8.8% industrial. The largest single district is Residential at 66.1% of zoned land. Residential zoning covers 75.1% and open space 0%.
Where does Realmo's Conetoe market data come from?
Realmo compiles Conetoe, NC figures from 1 active sale listings, 9 tracked off-market properties, the current Conetoe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Conetoe, 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: 218 zoned acres across 5 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 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 August 2026 · report a data issue
