Commercial Real Estate Market in Washington, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
27 active listings and 814 off-market properties in Washington, NC. Commercial property asks $175/SF to buy and $10.89/SF/Yr to lease (based on 4 listings).
Market Trends
Washington, NC spans 176.1 square miles in Beaufort County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Washington, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Washington, NC has a median asking sale price of $186/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Washington, 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 space in Washington, NC has a median asking sale price of $160/SF (based on 3 listings). Vacancy 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 73.9%
- Industrial 8.7%
- Agricultural 6.5%
- Commercial 6%
- Civic 2.7%
- Planned_development 1.5%
- Open space 0.7%
Largest Zones share of zoned land by district
Washington, NC zones 17,616 acres across 19 districts. Commercial zoning covers 6% of zoned land, residential 73.9%, open space 0.7% and industrial 8.7%. The largest single district is Residential Agricultural District at 54.8%. For commercial buyers the practical constraint is that only 14.7% of land carries a commercial or industrial designation.
Sec. 40-76. - RA20 Residential Agricultural District. The RA20 Residential Agricultural District is primarily designed to accommodate a compatible mixture of single-family dwellings and agricultural uses at lower densities of approximately two (2) units or less per acre. These areas are generally found in areas without sewer service that are not yet appropri…
Market overview
Demographics & Economy
Washington, NC has 26,054 residents in 12,956 households. Density runs 148 people per square mile. Median household income here is $52,694 and median gross rent $847 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Washington?
How much does it cost to lease commercial space in Washington?
What zoning applies to commercial property in Washington?
Where does Realmo's Washington market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 8 active for-lease listings in Washington, NC. The medians are based on 10 of the for-sale and 4 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: 17,616 zoned acres across 19 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
