Commercial Real Estate Market in Pinehurst, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
19 active listings and 544 off-market properties in Pinehurst, NC. Commercial property asks $368/SF to buy (based on 5 listings) and $30.34/SF/Yr to lease.
Market Trends
Pinehurst, NC spans 21.0 square miles in Moore County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Pinehurst, NC has a median asking sale price of $231/SF (based on 3 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Pinehurst, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Pinehurst, 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 Pinehurst, 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 74.3%
- Open space 17.2%
- Civic 4.6%
- Commercial 2.7%
- Mixed use 1.3%
Largest Zones share of zoned land by district
Pinehurst, NC zones 15,242 acres across 42 districts. Commercial zoning covers 2.7% of zoned land, residential 74.3% and open space 17.2%. The largest single district is Residential at 28.4%. For commercial buyers the practical constraint is that only 2.7% of land carries a commercial or industrial designation.
The purpose of R210 district is to established as a district in which the principal uses of the land are for low-density residential and light agricultural purposes. Development in this district is restricted due to lack of available utilities, watershed protection restrictions and for the protection of agricultural lands.
Market overview
Demographics & Economy
Pinehurst, NC has 18,818 residents in 10,532 households. Density runs 895 people per square mile. Median household income here is $106,746 and median gross rent $1,691 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Southern Pines | $133 | $28.80 |
| Aberdeen | $176 | $15.16 |
| Carthage | $243 | — |
Commercial property in Pinehurst, NC asks $368/SF. The 3 bordering markets run from $133/SF in Southern Pines to $243/SF in Carthage, and the city sits above their $176/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Pinehurst?
How much does it cost to lease commercial space in Pinehurst?
How does Pinehurst compare to nearby markets on price?
What zoning applies to commercial property in Pinehurst?
Where does Realmo's Pinehurst market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 12 active for-lease listings in Pinehurst, NC. The medians are based on 5 of the for-sale and 11 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 15,242 zoned acres across 42 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
