Greenville, SC
Commercial Real Estate Market Trends & Data

$377 Avg asking sale price
$303 Avg asking lease rate
22,695 SF Avg unit lease size
13,976 SF Avg building size for sale
6.46% Average cap rate

Greenville's Demographic Profile

Greenville has 37,827 households and a median income of $68,083, providing context for rent absorption and tenant demand across retail and multifamily assets. A +11% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 82,315
# Households 37,827
Median age 37
Median household income $68,083
Avg household size 2.0
Renter-occupied housing units 21,581
5-year population change +11%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Greenville $346 8,352 SF 9.83%
Taylors $343 5,902 SF 6.35%
Simpsonville $490 7,555 SF 6.35%
Greer $277 6,185 SF 6.35%
Nearby Retail Markets Avg Cost/SF Typical Size
Greenville $460 8,848 SF
Mauldin $855 6,925 SF
Piedmont $161 1,400 SF
Taylors $382 6,838 SF
Simpsonville $638 11,723 SF

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

903 Batesville Rd

Greer, SC 29650

  • 3.59 AC Lot
  • 1 Commercial Lot
  • $2,725,000
For Sale

310 Wade Hampton Blvd

Greenville, SC 29609

  • 2,080 SF Retail Building
  • $989,000
For Sale

2852 Wade Hampton Blvd

Taylors, SC 29687

  • 1,675 SF Retail Building
  • $600,000
For Sale

1055 Park West Blvd

Greenville, SC 29611

  • 5,500 SF Industrial Building
  • $2,500,000
For Sale

Mauldin Commons

Mauldin, SC 29662

  • 11,500 SF Retail Building
  • 8.00% Cap Rate
  • $3,200,000
For Sale

48 Saint Mark Rd

Taylors, SC 29687

  • 2,200 SF Office Building
  • $389,000

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

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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 $377 13,976 SF
Mauldin $592 13,006 SF
Powdersville $179 8,193 SF
Piedmont $178 243,721 SF
Taylors $561 5,075 SF

Multifamily Properties For Sale in Greenville

For Sale

Noma Flats

Greenville, SC 29601

  • 40,000 SF Multifamily
  • $476,000 - $996,000

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 82,315 37,827 37 $68,083 2 21,581 11%
Mauldin 25,416 10,740 39 $74,188 2 4,040 10%
Powdersville 10,438 3,860 39 $71,236 3 1,110 5%
Piedmont 5,921 2,240 39 $58,861 3 546 9%
Taylors 23,921 9,525 39 $67,335 3 2,752 8%

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