Durham, NC
Commercial Real Estate Market Trends & Data

$346 Avg asking sale price
$82 Avg asking lease rate
27,123 SF Avg unit lease size
30,048 SF Avg building size for sale
6.98% Average cap rate

Durham's Demographic Profile

Durham has 125,504 households and a median income of $70,858, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 297,810
# Households 125,504
Median age 37
Median household income $70,858
Avg household size 2.0
Renter-occupied housing units 65,575
5-year population change +4%

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

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Durham $290 31,495 SF 8.00%
Morrisville $330 59,819 SF 6.50%
Bahama $363 7,443 SF 7.50%
Hillsborough $417 8,135 SF 6.33%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Durham $157 66,124 SF 6.50%
Cary $386 42,685 SF 6.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Durham $451 13,409 SF
Morrisville $478 13,775 SF
Bahama $363 7,443 SF
Hillsborough $390 5,470 SF
Butner $91 9,100 SF

Commercial Properties For Sale in Durham

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

Coastal Building II

Durham, NC 27705

  • 66,563 SF Office Building
  • $5,750,000
For Sale

Alexander Office Park Building 1

Raleigh, NC 27617

  • 56,679 SF Office Building
  • $2,049,000
For Sale

3811 & 3817 Page Rd

Morrisville, NC 27560

  • 1.27 AC Lot
  • 1 Commercial Lot
  • $575,000
For Sale

2228 Page Rd

Durham, NC 27703

  • 1,875 SF Flex Building
  • $515,000
For Sale

9.88 Acre Apartment Site

Durham, NC 27713

  • 9.88 AC Lot
  • 1 Commercial Lot
  • $7,150,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

5 Key Questions About Note/Loan Sales, Answered
5 Key Questions About Note/Loan Sales, Answered
An Expert Broker Provides Guidance on Advantages, Disadvantages and Expected Returns
What is a Multifamily Home?
What is a Multifamily Home?
What is a multifamily home? Clear definition, types, how small assets differ from large for financing, metrics, plus basics of zoning, fair housing, and risks.
The Best Cities for Office Investing in 2026
The Best Cities for Office Investing in 2026
A data-driven ranking of 50 U.S. markets scored on yield, inventory, office employment trends, and building quality.
Understanding Your Property’s Walk Score
Understanding Your Property’s Walk Score
Learn about the Amenities, Data and Calculations Used to Generate Your Property’s Walk Score
Loan to Value
Loan to Value
Breaking down the loan to value concept, its calculations, and strategic financing options to enhance investment decisions in commercial real estate.
Internal Rate of Return
Internal Rate of Return
Clarifying IRR concepts, outlines calculation methods, and examining its application in commercial real estate to guide your investment decisions.
Operating Expenses in CRE
Operating Expenses in CRE
Learn how operating expenses affect net operating income and property value, how to benchmark your costs against market standards, and proven strategies to reduce expenses across different property types and lease structures.
Land Loans 101
Land Loans 101
Key Considerations When Applying for a Land Loan

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Durham $346 30,048 SF
Research Triangle Park $391 94,486 SF
Morrisville $488 39,315 SF
Bahama $363 7,443 SF
Hillsborough $360 9,590 SF

Multifamily Properties For Sale in Durham

For Sale

Madison Row

Durham, NC 27701

  • 14,700 SF Multifamily
  • $895,000

Regional Demographic Comparison

This comparison places Durham 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 Durham or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Durham 297,810 125,504 37 $70,858 2 65,575 4%
Morrisville 32,508 12,393 36 $111,942 3 6,942 9%
Bahama 5,517 1,295 48 $82,724 2 134 1%
Hillsborough 9,917 4,067 42 $86,946 2 1,552 -7%

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

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

Durham 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 Durham?

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

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

How does Durham compare to nearby commercial real estate markets?

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

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

Nearby Cities
Commercial Market Reports