Chapel Hill, NC
Commercial Real Estate Market Trends & Data

$230 Avg asking sale price
$30 Avg asking lease rate
11,433 SF Avg unit lease size
20,434 SF Avg building size for sale
6.50% Average cap rate

Chapel Hill's Demographic Profile

Chapel Hill has 21,678 households and a median income of $81,814, providing context for rent absorption and tenant demand across retail and multifamily assets. A -6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 60,231
# Households 21,678
Median age 29
Median household income $81,814
Avg household size 2.0
Renter-occupied housing units 12,079
5-year population change -6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Chapel Hill, NC

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Chapel Hill $281 6,276 SF
Carrboro $279 3,254 SF
Hillsborough $390 5,470 SF
Graham $269 8,345 SF
Durham $451 13,409 SF

Commercial Properties For Sale in Chapel Hill

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

Franklin Park

Chapel Hill, NC

  • Office Building
  • Price Upon Request
For Sale

5 New Luxury Townhomes | Coker Place

Chapel Hill, NC 27514

  • 10,436 SF Multifamily
  • $3,445,000
For Sale

Dairyland Road

Chapel Hill, NC 27516

  • 16.50 AC Lot
  • 1 Residential Income Lot
  • $2,075,000
For Sale

Dockside Restaurant

Chapel Hill, NC 27517

  • 9,513 SF Retail Building
  • $3,200,000
For Sale

705 W Rosemary St

Chapel Hill, NC 27516

  • 2,375 SF Retail Building
  • $1,000,000
For Sale

Education and Training Systems International

Chapel Hill, NC 27514

  • 14,739 SF Office Building
  • $2,900,000

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 Chapel Hill pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Chapel Hill $230 20,434 SF
Carrboro $201 3,956 SF
Pittsboro $298 21,806 SF
Hillsborough $360 9,590 SF
Graham $325 30,047 SF

Multifamily Properties For Sale in Chapel Hill

For Sale

Greenbridge

Chapel Hill, NC 27516

  • 105,000 SF Multifamily
  • $823,750

Regional Demographic Comparison

This comparison places Chapel Hill 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 Chapel Hill or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Chapel Hill 60,231 21,678 29 $81,814 2 12,079 -6%
Carrboro 20,834 9,289 34 $77,385 2 5,868 -8%
Pittsboro 6,501 2,647 44 $53,223 2 827 16%
Hillsborough 9,917 4,067 42 $86,946 2 1,552 -7%
Graham 19,236 8,018 40 $50,372 2 3,672 8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Chapel Hill, 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 Chapel Hill

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

Chapel Hill 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 Chapel Hill?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Chapel Hill. 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 Chapel Hill?

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

How does Chapel Hill compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Chapel Hill. 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 Chapel Hill acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Chapel Hill, 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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