Commercial Real Estate Market in Falkland, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Falkland, NC spans 0.2 square miles in Pitt County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Falkland, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Falkland, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Falkland, 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 Falkland, 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 99.2%
- Civic 0.8%
Largest Zones share of zoned land by district
Falkland, NC zones 2,972 acres across 5 districts. The largest single district is Limited Agricultural Residential at 38.1%.
The Limited-Agricultural-Residential District is established as a sub-district to promote the purposes enumerated above while maintaining a moderate level of control of land use in areas of the extraterritorial jurisdiction along the Tar River or associated with existing major transportation routes. The L-A-R District shall encompass all former A-R zones wit…
Market overview
Demographics & Economy
Falkland, NC has 41 residents in 70 households. Density runs 214 people per square mile. Median household income here is $93,542.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fountain | — | — |
| Old Sparta | — | — |
| Conetoe | — | — |
| Pinetops | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Falkland?
Methodology & data sources
- 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: 2,972 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
