Duncan, SC
Commercial Real Estate Market Trends & Data

$563 Avg asking sale price
$100,219 Avg asking lease rate
128,229 SF Avg unit lease size
28,457 SF Avg building size for sale
6.37% Average cap rate

Duncan's Demographic Profile

Duncan has 1,616 households and a median income of $48,989, providing context for rent absorption and tenant demand across retail and multifamily assets. A +13% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 4,140
# Households 1,616
Median age 34
Median household income $48,989
Avg household size 3.0
Renter-occupied housing units 670
5-year population change +13%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Duncan, SC

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Greer $277 6,185 SF 6.35%
Spartanburg $201 5,029 SF 1.92%
Nearby Retail Markets Avg Cost/SF Typical Size
Duncan $296 6,473 SF
Wellford $84 4,212 SF
Lyman $132 7,764 SF
Greer $273 9,796 SF
Moore $367 8,894 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Spartanburg $147 23,284 SF 14.03%
Greenville $245 27,346 SF 4.10%

Commercial Properties For Sale in Duncan

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

Family Dollar

Duncan, SC 29334

  • 9,180 SF Retail Building
  • 8.50% Cap Rate
  • $1,188,000
For Sale

215 Leonard Rd

Duncan, SC 29334

  • 5.50 AC Lot
  • 1 Commercial Lot
  • $850,000
For Sale

±9,900 SF New Construction Flex Building

Duncan, SC 29334

  • 9,900 SF Flex Building
  • $1,800,000
For Sale

1635 Duncan Reidville Rd

Duncan, SC 29334

  • 5.07 AC Lot
  • 1 Commercial Lot
  • $630,000
For Sale

NNN Freestanding Panera Bread | Duncan, SC

Duncan, SC 29334

  • 2,600 SF Retail Building
  • 5.15% Cap Rate
  • $3,693,000
For Sale

56 Groce Rd

Lyman, SC 29365

  • 4,212 SF Retail Building
  • $355,000

Average Price For Sale

↻ Updated Monthly

Average Size 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 Duncan pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Duncan $563 28,457 SF
Startex $154 5,205 SF
Wellford $102 68,860 SF
Lyman $142 23,533 SF

Regional Demographic Comparison

This comparison places Duncan 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 Duncan or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Duncan 4,140 1,616 34 $48,989 3 670 13%
Startex 278 109 37 $45,312 2 51 5%
Reidville 1,830 637 38 $88,554 3 58 18%
Wellford 3,737 1,423 37 $54,666 3 431 9%
Lyman 6,363 2,377 37 $79,839 3 435 14%

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

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

Duncan 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 Duncan?

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

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

How does Duncan compare to nearby commercial real estate markets?

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

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