Commercial Real Estate Market in Hoffman, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Hoffman, NC spans 37.7 square miles in Richmond County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hoffman, 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 Hoffman, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hoffman, 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 Hoffman, 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
- Commercial 92.2%
- Residential 7%
- Industrial 0.8%
Largest Zones share of zoned land by district
General Commercial
Residential Estate District
Neighborhood Commercial
Commercial Industrial
Hoffman, NC zones 2,166 acres across 4 districts. Commercial zoning covers 92.2% of zoned land, residential 7% and industrial 0.8%. The largest single district is General Commercial at 90.7%. For commercial buyers the practical constraint is that only 93% of land carries a commercial or industrial designation.
Residential Estate District (RE)
The purpose of RE zone is for very low density residential and agricultural purposes where single family residential development can occur on large parcels of land.
Market overview
Demographics & Economy
Hoffman, NC has 1,555 residents in 486 households. Density runs 41 people per square mile. Median household income here is $39,414 and median gross rent $758 a month.
1,555
Population
486
Households
3.2
Avg Household Size
34
Median Age
7%
College-Educated
66%
High-School Grad
37.7 sq mi
ZIP Area
41
Density / Sq Mi
$39,414
Median Household Income
$30,650
Median Earnings
$758
Median Rent
$98,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wagram | — | — |
| Marston | — | — |
| Laurel Hill | — | — |
| Dobbins Heights | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Hoffman?
Hoffman, NC zones 2,166 acres across 4 districts, of which 92.2% is commercial and 0.8% industrial. The largest single district is General Commercial at 90.7% of zoned land. Residential zoning covers 7% and open space 0%.
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: 2,166 zoned acres across 4 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
