Carthage, North Carolina: A Premier Destination for Commercial Real Estate

Introduction

Carthage, North Carolina, offers a compelling commercial real estate (CRE) landscape, characterized by its strategic location, vibrant economy, and emerging industry sectors. As the county seat of Moore County, Carthage is positioned to benefit from the economic growth of the greater Raleigh-Durham area. The city’s CRE market is driven by diverse industries including healthcare, manufacturing, and tourism, making it an attractive destination for investors seeking opportunities in office, industrial, and retail properties.

Economic and Industry Overview

Carthage’s economy is anchored by several key industries that drive demand for various types of commercial real estate. The healthcare sector, buoyed by institutions like FirstHealth of the Carolinas, is a major employer and fuels demand for medical office spaces. Manufacturing also plays a significant role, with companies in furniture and textile production contributing to industrial space requirements. Additionally, the city's proximity to Pinehurst, a renowned golf destination, supports a robust tourism industry that underpins retail and hospitality investments.

Economic development in the region is supported by the Moore County Economic Development Partnership, which offers resources and initiatives to attract and retain businesses.

Strategic Location and Transportation Infrastructure

Carthage benefits from its strategic location and robust transportation infrastructure. Major highways such as U.S. Route 501 and North Carolina Highway 24/27 provide seamless connectivity to the Research Triangle and Charlotte, enhancing the city’s logistical appeal. The nearby Fayetteville Regional Airport and Raleigh-Durham International Airport further facilitate access to national and international markets.

The city’s transportation infrastructure supports efficient distribution and provides access to a skilled labor pool from surrounding areas, enhancing its attractiveness for industrial and logistics operations.

Commercial Real Estate Inventory & Zoning

Carthage features a diverse range of commercial real estate submarkets, including:

• Central Business District (CBD): Primarily office and retail spaces, catering to local businesses and services.
• Industrial Corridors: Located on the outskirts, ideal for manufacturing and distribution facilities.
• Innovation Districts: Emerging areas focusing on tech and research facilities.

The city has implemented zoning changes to encourage mixed-use developments and offers incentives for developers. Detailed zoning maps and parcel information are available through the Moore County GIS Portal.

Major Employers and Institutions

Carthage hosts several major employers that significantly influence the CRE landscape:

• FirstHealth of the Carolinas: A leading healthcare provider in the region.
• Moore County Schools: One of the largest employers, driving demand for office space.
• Sandhills Community College: Contributes to workforce development and educational facilities.

For more details, visit the Moore County Chamber of Commerce.

Notable Commercial Developments & Projects

Carthage is witnessing several large-scale development projects, including:

• Mixed-Use Developments: Projects combining residential, office, and retail spaces to create vibrant community hubs.
• Public-Private Partnerships: Initiatives aimed at revitalizing underutilized areas and enhancing infrastructure.

Opportunities also exist within designated Opportunity Zones, offering tax incentives for investment. Planning resources can be accessed via the Moore County Planning Department.

Building Permits, Planning, and Development Tools

Essential resources for developers and investors in Carthage include:

• Moore County Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code (PDF)

Market Data & Economic Reports

Carthage offers a wealth of public data sets and economic reports to inform investment decisions. Sources include census.gov and the city's own open data portal. Brevitas leverages AI-powered aggregation from these public data sources to offer insightful market analysis. Explore Brevitas-powered dashboards for Carthage here.

Why Use Brevitas for Carthage, North Carolina CRE?

Brevitas provides unparalleled tools for discovering and managing commercial real estate opportunities in Carthage:

• AI-Driven CRE Discovery: Identify properties that match your criteria through advanced search capabilities.
• Real-Time Market Alerts: Stay updated with the latest market trends and property listings.
• Smart Property Pages & Dealroom Collaboration: Collaborate efficiently with stakeholders using our intuitive platform.

Our unique features, including auto-generated listing pages, email and landing page tools, and integration with brokers and developers, ensure exclusive listings and premium exposure for your properties.

For more information on Brevitas services in Carthage, North Carolina, visit our platform.