Greensboro, NC
Commercial Real Estate Market Trends & Data

$275 Avg asking sale price
$1,061 Avg asking lease rate
31,480 SF Avg unit lease size
23,223 SF Avg building size for sale
6.92% Average cap rate

Greensboro's Demographic Profile

Greensboro has 121,654 households and a median income of $54,949, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 295,994
# Households 121,654
Median age 36
Median household income $54,949
Avg household size 2.0
Renter-occupied housing units 62,576
5-year population change 0%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Greensboro $264 21,337 SF 8.19%
Jamestown $91 11,240 SF 6.05%
High Point $222 12,730 SF 6.05%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Greensboro $136 32,137 SF 7.75%
High Point $106 40,607 SF 11.37%
Nearby Retail Markets Avg Cost/SF Typical Size
Greensboro $440 17,353 SF
Jamestown $95 12,080 SF
Summerfield $1,157 2,160 SF
Pleasant Garden $177 9,330 SF
High Point $258 28,981 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Greensboro $143 17,028 SF 7.04%
Asheboro $111 3,600 SF 8.00%

Commercial Properties For Sale in Greensboro

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

Greensboro Growth Center

Greensboro, NC 27406

  • 10 AC Lot
  • 1 Commercial Lot
  • $1,450,000
For Sale

Build to Suit(Lease) 1.3 - 6.8 Acres

Greensboro, NC 27409

  • 1.40 - 2.73 AC Lots
  • 3 Industrial Lots
  • Price Upon Request
For Sale

Wendy's

Greensboro, NC 27407

  • 2,979 SF Retail Building
  • 5.50% Cap Rate
  • $1,496,000
For Sale

2329 Joe Brown Dr

Greensboro, NC 27405

  • 18,752 SF Industrial Building
  • $1,600,000
For Sale

1132 W Vandalia Rd

Greensboro, NC 27406

  • 1,800 SF Specialty
  • $425,000
For Sale

920 S Chapman St

Greensboro, NC 27403

  • 9,688 SF Retail Building
  • $495,000

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

Commercial Markets Avg Cost/SF Average Size
Greensboro $275 23,223 SF
Jamestown $95 30,887 SF
Summerfield $1,157 4,222 SF

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

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

Greensboro 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 Greensboro?

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

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

How does Greensboro compare to nearby commercial real estate markets?

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

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