Commercial Real Estate Market in Plymouth, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 446 off-market properties in Plymouth, NC. Commercial property asks $174/SF to buy and $7.78/SF/Yr to lease.
Market Trends
Plymouth, NC spans 85.0 square miles in Washington County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Plymouth, 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 Plymouth, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Plymouth, 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 Plymouth, 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 40.6%
- Industrial 26.2%
- Residential 23.3%
- Open space 7.6%
- Civic 2.3%
Largest Zones share of zoned land by district
Single Family Residential
Heavy Industrial
Light Industrial
Single Family Residential
Conservation
Plymouth, NC zones 6,106 acres across 12 districts. Commercial zoning covers 40.6% of zoned land, residential 23.3%, open space 7.6% and industrial 26.2%. The largest single district is Single Family Residential at 34.9%. For commercial buyers the practical constraint is that only 66.8% of land carries a commercial or industrial designation.
Single Family Residential (R20)
R20 Single-Family Residential District 154.102 R20A Single-Family Residential District (low density with individual mobile homes) 154.103 R15 Single-Family Residential District (medium density) 154.104 R10 Single-Family Residential District (medium density with duplex units) 154.105 R7 Multi-Family Residential District (high density) 154.106 R7A Multi-Family…
Market overview
Demographics & Economy
Plymouth, NC has 6,788 residents in 3,678 households. Density runs 80 people per square mile. Median household income here is $42,342 and median gross rent $826 a month.
6,788
Population
3,678
Households
1.8
Avg Household Size
47
Median Age
9%
College-Educated
86%
High-School Grad
85 sq mi
ZIP Area
80
Density / Sq Mi
$42,342
Median Household Income
$33,900
Median Earnings
$826
Median Rent
$96,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Roper | — | — |
| Jamesville | — | — |
| Merry Hill | — | — |
| Windsor | — | — |
Commercial property in Plymouth, NC asks $174/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Plymouth?
Commercial property in Plymouth, NC asks an average of $174 per square foot. The 3 most recent recorded sales traded at a median of $132/SF, so asking sits 32% above the achieved median.
How much does it cost to lease commercial space in Plymouth?
Asking lease rates in Plymouth, NC average $7.78 per square foot per year.
What zoning applies to commercial property in Plymouth?
Plymouth, NC zones 6,106 acres across 12 districts, of which 40.6% is commercial and 26.2% industrial. The largest single district is Single Family Residential at 34.9% of zoned land. R20 Single-Family Residential District 154.102 R20A Single-Family Residential District (low density with individual mobile homes) 154.103 R15 Single-Family Residential District (medium density) 154.104 R10 Single-Family Residential District (medium density with duplex units) 154.105 R7 Multi-Family Residential District (high density) 154.106 R7A Multi-Family… Residential zoning covers 23.3% and open space 7.6%.
Where does Realmo's Plymouth market data come from?
Realmo compiles Plymouth, NC figures from 4 recent recorded sales, 25 active sale listings, 3 active lease listings, 446 tracked off-market properties, the current Plymouth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 3 active for-lease listings in Plymouth, 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: 6,106 zoned acres across 12 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
