Greer, SC
Commercial Real Estate Market Trends & Data

$305 Avg asking sale price
$19,895 Avg asking lease rate
55,162 SF Avg unit lease size
20,623 SF Avg building size for sale
7.09% Average cap rate

Greer's Demographic Profile

Greer has 13,904 households and a median income of $65,760, 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 34,966
# Households 13,904
Median age 38
Median household income $65,760
Avg household size 3.0
Renter-occupied housing units 4,973
5-year population change +11%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Greer $277 6,185 SF 6.35%
Taylors $343 5,902 SF 6.35%
Greenville $346 8,352 SF 9.83%
Nearby Retail Markets Avg Cost/SF Typical Size
Greer $273 9,796 SF
Lyman $132 7,764 SF
Taylors $382 6,838 SF
Duncan $296 6,473 SF
Wellford $84 4,212 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Greenville $245 27,346 SF 4.10%
Spartanburg $147 23,284 SF 14.03%

Commercial Properties For Sale in Greer

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

48 Saint Mark Rd

Taylors, SC 29687

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

Family Dollar

Duncan, SC 29334

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

Big Blue Marble Academy (93 Locations in US)

Greer, SC 29650

  • 14,006 SF Retail Building
  • 6.35% Cap Rate
  • $6,692,409
For Sale

Hurricane Express Wash

Taylors, SC 29687

  • 3,273 SF Specialty
  • $2,500,000
For Sale

Investment

Greer, SC 29650

  • 3,500 SF Retail Building
  • $695,000

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

Commercial Markets Avg Cost/SF Average Size
Greer $305 20,623 SF
Lyman $142 23,533 SF
Taylors $561 5,075 SF
Duncan $563 28,457 SF
Wellford $102 68,860 SF

Regional Demographic Comparison

This comparison places Greer 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 Greer or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Greer 34,966 13,904 38 $65,760 3 4,973 11%
Lyman 6,363 2,377 37 $79,839 3 435 14%
Taylors 23,921 9,525 39 $67,335 3 2,752 8%
Duncan 4,140 1,616 34 $48,989 3 670 13%
Wellford 3,737 1,423 37 $54,666 3 431 9%

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

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

Greer 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 Greer?

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

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

How does Greer compare to nearby commercial real estate markets?

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

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