Commercial Real Estate Market in Speed, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 2 off-market properties in Speed, NC.
Market Trends
Speed, NC spans 0.1 square miles in Edgecombe County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Speed, 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 Speed, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Speed, 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 Speed, 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 100%
Largest Zones share of zoned land by district
Rural Residential
Speed, NC zones 181 acres across 1 districts. The largest single district is Rural Residential at 100%.
Rural Residential (AR-30)
The AR-30 rural residential district is primarily intended to accommodate a variety of low density single-family detached dwellings, class A, B, and C manufactured homes on large lots, in areas without access to public water and sewer services, and in areas where soil characteristics necessitate low density development
Market overview
Demographics & Economy
Speed, NC has 32 residents in 14 households. Density runs 365 people per square mile.
32
Population
14
Households
2.3
Avg Household Size
42
Median Age
0%
College-Educated
72%
High-School Grad
0.1 sq mi
ZIP Area
365
Density / Sq Mi
$0
Median Household Income
$18,542
Median Earnings
$0
Median Rent
$23,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hobgood | — | — |
| Tarboro | — | — |
| Princeville | — | — |
| Oak City | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Speed?
Speed, NC zones 181 acres across 1 districts, of which 0% is commercial and 0% industrial. The largest single district is Rural Residential at 100% of zoned land. The AR-30 rural residential district is primarily intended to accommodate a variety of low density single-family detached dwellings, class A, B, and C manufactured homes on large lots, in areas without access to public water and sewer services, and in areas where soil characteristics necessitate low density development Residential zoning covers 100% and open space 0%.
Where does Realmo's Speed market data come from?
Realmo compiles Speed, NC figures from 1 active sale listings, 2 tracked off-market properties, the current Speed zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Speed, 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: 181 zoned acres across 1 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
