Commercial Real Estate Market in Northwest, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 1 off-market property in Northwest, NC.
Market Trends
Northwest, NC spans 172.2 square miles in Brunswick County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Northwest, 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 Northwest, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Northwest, 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 Northwest, 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 77.5%
- Industrial 16.4%
- Civic 4.3%
- Commercial 1.8%
Largest Zones share of zoned land by district
Rural Residential
Commercial Intensive
Medium Density Residential Conditional Zoning
Industrial General
Commercial Low Density
Northwest, NC zones 4,341 acres across 7 districts. Commercial zoning covers 1.8% of zoned land, residential 77.5% and industrial 16.4%. The largest single district is Rural Residential at 77%. For commercial buyers the practical constraint is that only 18.2% of land carries a commercial or industrial designation.
Rural Residential (RR)
RR (Rural Residential) ✓ MR-3200 (Multifamily Residential) ✓ 1 See Section 9.2 of the UDO for Neighborhood Meeting criteria. 4. Design Standards i. A campground shall require minimum gross land area of three acres. ii. A minimum of 8% of the total land area shall be devoted to accessible common open spaces intended for recreational use. These open spaces are…
Market overview
Demographics & Economy
Northwest, NC has 39,025 residents in 19,672 households. Density runs 227 people per square mile. Median household income here is $77,380 and median gross rent $1,465 a month.
39,025
Population
19,672
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
172.2 sq mi
ZIP Area
227
Density / Sq Mi
$77,380
Median Household Income
$41,164
Median Earnings
$1,465
Median Rent
$315,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Delco | — | — |
| Riegelwood | — | — |
| Acme | — | — |
| Leland | — | — |
Commercial property in Northwest, NC asks $250/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Northwest?
Commercial property in Northwest, NC asks an average of $250 per square foot.
What zoning applies to commercial property in Northwest?
Northwest, NC zones 4,341 acres across 7 districts, of which 1.8% is commercial and 16.4% industrial. The largest single district is Rural Residential at 77% of zoned land. RR (Rural Residential) ✓ MR-3200 (Multifamily Residential) ✓ 1 See Section 9.2 of the UDO for Neighborhood Meeting criteria. 4. Design Standards i. A campground shall require minimum gross land area of three acres. ii. A minimum of 8% of the total land area shall be devoted to accessible common open spaces intended for recreational use. These open spaces are… Residential zoning covers 77.5% and open space 0%.
Where does Realmo's Northwest market data come from?
Realmo compiles Northwest, NC figures from 2 active sale listings, 1 tracked off-market properties, the current Northwest zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Northwest, 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: 4,341 zoned acres across 7 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
