Commercial Real Estate Market in Grifton, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 125 off-market properties in Grifton, NC.
Market Trends
Grifton, NC spans 74.0 square miles in Pitt County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Grifton, 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 Grifton, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Grifton, 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 Grifton, 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 91%
- Industrial 5.7%
- Commercial 2.8%
- Civic 0.6%
Largest Zones share of zoned land by district
Residential Agriculture
Residential
Residential Agriculture
Residential
Industrial
Grifton, NC zones 12,950 acres across 10 districts. Commercial zoning covers 2.8% of zoned land, residential 91% and industrial 5.7%. The largest single district is Residential Agriculture at 33.3%. For commercial buyers the practical constraint is that only 8.5% of land carries a commercial or industrial designation.
Residential Agriculture (RA-20MH)
RA-20MH district is intended to accommodate a variety of low density single family residential and agriculture uses where public water and sewer is not available. Compatible uses such as churches and recreational facilities may be allowed. As the community grows and public sewer is extended, areas within the RA 20MH District may be converted to more intense…
Market overview
Demographics & Economy
Grifton, NC has 6,771 residents in 3,557 households. Density runs 92 people per square mile. Median household income here is $39,233 and median gross rent $810 a month.
6,771
Population
3,557
Households
1.9
Avg Household Size
43
Median Age
17%
College-Educated
90%
High-School Grad
74 sq mi
ZIP Area
92
Density / Sq Mi
$39,233
Median Household Income
$31,250
Median Earnings
$810
Median Rent
$122,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ayden | — | $12.00 |
| Fort Barnwell | — | — |
| Kinston | — | — |
| Hookerton | — | — |
Commercial property in Grifton, NC asks $526/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grifton?
Commercial property in Grifton, NC asks an average of $526 per square foot.
What zoning applies to commercial property in Grifton?
Grifton, NC zones 12,950 acres across 10 districts, of which 2.8% is commercial and 5.7% industrial. The largest single district is Residential Agriculture at 33.3% of zoned land. RA-20MH district is intended to accommodate a variety of low density single family residential and agriculture uses where public water and sewer is not available. Compatible uses such as churches and recreational facilities may be allowed. As the community grows and public sewer is extended, areas within the RA 20MH District may be converted to more intense… Residential zoning covers 91% and open space 0%.
Where does Realmo's Grifton market data come from?
Realmo compiles Grifton, NC figures from 2 recent recorded sales, 14 active sale listings, 125 tracked off-market properties, the current Grifton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 0 active for-lease listings in Grifton, 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: 12,950 zoned acres across 10 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
