Raleigh, NC
Commercial Real Estate Market Trends & Data

$407 Avg asking sale price
$55 Avg asking lease rate
19,754 SF Avg unit lease size
15,161 SF Avg building size for sale
6.41% Average cap rate

Raleigh's Demographic Profile

Raleigh has 207,206 households and a median income of $75,944, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 490,799
# Households 207,206
Median age 36
Median household income $75,944
Avg household size 2.0
Renter-occupied housing units 108,302
5-year population change +8%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Raleigh $412 11,406 SF 7.23%
Cary $387 9,689 SF 7.23%
Morrisville $330 58,528 SF 6.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Raleigh $300 19,750 SF 7.65%
Garner $168 10,299 SF 7.00%
Cary $273 42,685 SF 6.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Raleigh $461 9,005 SF
Garner $525 9,370 SF
Cary $412 12,335 SF
Morrisville $478 13,775 SF
Apex $431 7,630 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Raleigh $306 22,501 SF 6.25%
Angier $192 14,327 SF 5.90%

Commercial Properties For Sale in Raleigh

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

Alexander Office Park Building 1

Raleigh, NC 27617

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

516 W Peace St

Raleigh, NC 27603

  • 1,708 SF Office Building
  • $1,295,000
For Sale

8311 Bandford Way

Raleigh, NC 27615

  • 17,998 SF Office Building
  • $1,408,640
For Sale

2.01 AC Signalized Corner - SE Raleigh

Raleigh, NC 27610

  • 1 AC Lot
  • 1 Commercial Lot
  • $950,000
For Sale

3811 & 3817 Page Rd

Morrisville, NC 27560

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

1021 Classic Rd

Apex, NC 27539

  • 24,600 SF Flex Building
  • $7,626,000

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

Commercial Markets Avg Cost/SF Average Size
Raleigh $407 15,161 SF
Knightdale $456 12,384 SF
Garner $437 9,113 SF
Cary $370 17,658 SF
Morrisville $449 32,667 SF

Multifamily Properties For Sale in Raleigh

For Sale

Live • Work • Play - UNITS!

Raleigh, NC 27601

  • 115,560 SF Multifamily
  • Price Upon Request
For Sale

Westgrove Tower

Raleigh, NC 27606

  • 138,985 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Raleigh 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 Raleigh or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Raleigh 490,799 207,206 36 $75,944 2 108,302 8%
Knightdale 21,249 7,864 38 $71,793 3 2,827 8%
Garner 37,916 15,259 40 $73,547 2 5,933 9%
Cary 181,195 69,481 41 $121,486 3 25,395 7%
Morrisville 32,508 12,393 36 $111,942 3 6,942 9%

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

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

Raleigh 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 Raleigh?

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

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

How does Raleigh compare to nearby commercial real estate markets?

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

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