Commercial Real Estate Market in Roanoke Rapids, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
116 active listings and 364 off-market properties in Roanoke Rapids, NC. Commercial property asks $564/SF to buy and $20.25/SF/Yr to lease.
Market Trends
Roanoke Rapids, NC spans 65.2 square miles in Halifax County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Roanoke Rapids, 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 Roanoke Rapids, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Roanoke Rapids, 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 Roanoke Rapids, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Roanoke Rapids, NC has 25,738 residents in 11,578 households. Density runs 395 people per square mile. Median household income here is $48,994 and median gross rent $835 a month.
25,738
Population
11,578
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
85%
High-School Grad
65.2 sq mi
ZIP Area
395
Density / Sq Mi
$48,994
Median Household Income
$35,581
Median Earnings
$835
Median Rent
$117,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gaston | — | — |
| Weldon | — | — |
| Garysburg | — | — |
| Pleasant Hill | — | — |
Commercial property in Roanoke Rapids, NC asks $564/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Roanoke Rapids?
Commercial property in Roanoke Rapids, NC asks an average of $564 per square foot. The 6 most recent recorded sales traded at a median of $38/SF, so asking sits 1379% above the achieved median.
How much does it cost to lease commercial space in Roanoke Rapids?
Asking lease rates in Roanoke Rapids, NC average $20.25 per square foot per year.
Where does Realmo's Roanoke Rapids market data come from?
Realmo compiles Roanoke Rapids, NC figures from 7 recent recorded sales, 112 active sale listings, 4 active lease listings, 364 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 112 active for-sale and 4 active for-lease listings in Roanoke Rapids, 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.
- 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
