Greenville, NC
Commercial Real Estate Market Trends & Data

$440 Avg asking sale price
$354 Avg asking lease rate
8,885 SF Avg unit lease size
5,489 SF Avg building size for sale
6.65% Average cap rate

Greenville's Demographic Profile

Greenville has 42,361 households and a median income of $41,438, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 97,323
# Households 42,361
Median age 31
Median household income $41,438
Avg household size 2.0
Renter-occupied housing units 27,081
5-year population change +5%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Greenville $161 7,234 SF 7.00%
Washington $131 6,535 SF 3.32%
Nearby Retail Markets Avg Cost/SF Typical Size
Greenville $341 3,466 SF
Bethel $60 2,184 SF
Ayden $59 6,821 SF
Robersonville $29 1,740 SF
Grifton $158 11,361 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Rocky Mount $304 6,571 SF 6.57%
Goldsboro $111 8,557 SF 7.50%
Jacksonville $319 13,040 SF 7.97%

Commercial Properties For Sale in Greenville

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

5063-5065 NC 33 E, Greenville NC

Greenville, NC

  • Retail Building
  • $795,000
For Sale

2355 W Arlington Blvd

Greenville, NC 27834

  • 16,474 SF Office Building
  • $2,250,000
For Sale

Downtown Opportunity || Available for Sale

Greenville, NC 27834

  • 4,899 SF Retail Building
  • $1,750,000
For Sale

Red Lobster

Greenville, NC 27834

  • 8,355 SF Retail Building
  • 7.00% Cap Rate
  • $2,857,000
For Sale

2150 Herbert Ct

Greenville, NC 27834

  • 11,441 SF Office Building
  • 7.00% Cap Rate
  • $3,216,242
For Sale

Winterville Commons-Outparcel

Winterville, NC 28590

  • 2.02 AC Lot
  • 1 Commercial Lot
  • $1,200,000

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

Commercial Markets Avg Cost/SF Average Size
Greenville $440 5,489 SF
Winterville $62 1,600 SF
Bethel $60 2,184 SF
Farmville $74 9,579 SF
Ayden $60 4,211 SF

Regional Demographic Comparison

This comparison places Greenville 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 Greenville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Greenville 97,323 42,361 31 $41,438 2 27,081 5%
Winterville 10,187 3,872 39 $73,966 3 743 2%
Bethel 751 320 43 $46,759 2 108 -9%
Farmville 5,198 2,159 41 $40,081 2 906 6%
Ayden 5,761 2,462 42 $42,444 2 1,038 6%

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

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

Greenville 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 Greenville?

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

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

How does Greenville compare to nearby commercial real estate markets?

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

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