Kinston, NC
Commercial Real Estate Market Trends & Data

$147 Avg asking sale price
$10 Avg asking lease rate
12,463 SF Avg unit lease size
38,894 SF Avg building size for sale
7.44% Average cap rate

Kinston's Demographic Profile

Kinston has 9,043 households and a median income of $32,592, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 20,900
# Households 9,043
Median age 43
Median household income $32,592
Avg household size 2.0
Renter-occupied housing units 5,301
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Kinston, NC

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Kinston $189 5,552 SF 7.87%
Goldsboro $192 4,650 SF 7.93%
Greenville $161 7,234 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Kinston $85 8,777 SF
Dover $108 8,320 SF
Grifton $158 11,361 SF
Pink Hill $15 8,760 SF
Ayden $59 6,821 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Goldsboro $111 8,557 SF 7.50%
Jacksonville $226 13,040 SF 7.97%

Commercial Properties For Sale in Kinston

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

North Carolina Medical Portfolio

  • Office Building
  • 7.87% Cap Rate
  • $5,350,000
For Sale

Shop/Storage/Flex - W Vernon - Kinston

Kinston, NC 28504

  • 8,062 SF Flex Building
  • $599,000
For Sale

2080 Hwy 258

Kinston, NC 28504

  • 2.48 AC Lot
  • 1 Commercial Lot
  • $99,000
For Sale

107 E Vernon Ave

Kinston, NC 28501

  • 2,946 SF Health Care Building
  • $249,999
For Sale

2857 Hull Rd

Kinston, NC 28504

  • 3,264 SF Office Building
  • $850,000
For Sale

508 Plaza Blvd

Kinston, NC 28501

  • 2,567 SF Office Building
  • $325,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Kinston pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Kinston $147 38,894 SF
Dover $108 8,320 SF
Trenton $44 5,844 SF
La Grange $53 3,000 SF
Grifton $158 11,361 SF

Regional Demographic Comparison

This comparison places Kinston alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Kinston or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Kinston 20,900 9,043 43 $32,592 2 5,301 1%
Dover 286 126 45 $36,166 2 29 -2%
Trenton 266 112 48 $65,250 2 23 1%
La Grange 3,015 1,253 44 $41,892 2 456 1%
Grifton 2,129 850 40 $33,440 2 292 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Kinston, NC and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Kinston

View All Commercial Real Estate For Sale in Kinston
Is Kinston a good market for a first-time commercial real estate investor?

Kinston offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Kinston?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Kinston. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Kinston?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Kinston. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Kinston compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Kinston. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Kinston acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Kinston, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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