Winston-Salem, NC
Commercial Real Estate Market Trends & Data

$340 Avg asking sale price
$1,100 Avg asking lease rate
23,381 SF Avg unit lease size
20,002 SF Avg building size for sale
7.09% Average cap rate

Winston-Salem's Demographic Profile

Winston-Salem has 105,919 households and a median income of $53,811, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 257,957
# Households 105,919
Median age 37
Median household income $53,811
Avg household size 2.0
Renter-occupied housing units 50,421
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Winston-Salem, NC

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Winston-Salem $176 29,910 SF 7.43%
Kernersville $176 5,272 SF 7.43%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Winston-Salem $127 22,165 SF 8.00%
High Point $106 40,607 SF 11.37%
Nearby Retail Markets Avg Cost/SF Typical Size
Winston-Salem $407 9,740 SF
Clemmons $1,797 6,848 SF
Walkertown $119 6,716 SF
Welcome $1,244 2,288 SF
Kernersville $273 5,047 SF

Commercial Properties For Sale in Winston-Salem

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

Garden Innovation Apartments

Winston-Salem, NC 27101

  • 58,584 SF Multifamily
  • $6,090,000
For Sale

Suite 606-B

Winston-Salem, NC 27103

  • 1,025 SF Office Building
  • $160,000
For Sale

8.18 +/- AC with Frontage on Robinhood Road

Winston-Salem, NC 27106

  • 8.18 AC Lot
  • 1 Commercial Lot
  • $409,000
For Sale

6131 University Pky

Winston-Salem, NC 27105

  • 1.27 AC Lot
  • 1 Commercial Lot
  • $431,250
For Sale

00 Williams Rd

Lewisville, NC 27023

  • 0.65 AC Lot
  • 1 Commercial Lot
  • $199,900
For Sale

210 North Main Street

Kernersville, NC

  • Retail Building
  • 7.43% Cap Rate
  • $895,000

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

Single Tenant Triple Net Lease Investing
Single Tenant Triple Net Lease Investing
How to evaluate tenant quality, assess property value, and manage investment risks
How to Buy a Hotel
How to Buy a Hotel
Learn the key considerations and strategies for successful hotel ownership
Modified Gross Lease Explained for CRE Investors
Modified Gross Lease Explained for CRE Investors
How expense stops, base year terms, and cost allocation decisions affect CRE NOI and property value at exit.
Duplex vs. Triplex vs. Fourplex Comparison for Real Estate Investors
Duplex vs. Triplex vs. Fourplex Comparison for Real Estate Investors
Compare financing options, management requirements, and risk factors across 2-4 unit properties to choose the right investment for your goals
Land Entitlement
Land Entitlement
Identifying Risks and Mitigation Strategies for Unentitled Land
Land Loan Calculator
Land Loan Calculator
Use this calculator to estimate monthly payments, interest, and total financing costs for raw, unimproved, or improved land purchases.
Multifamily Financing Options & Rates
Multifamily Financing Options & Rates
A comprehensive overview of multifamily loan programs, current market rates, and essential requirements for successful financing in today's market
What are Reciprocal Easement Agreements in CRE?
What are Reciprocal Easement Agreements in CRE?
REAs In Commercial Real Estate Generally Apply to Retail, Office and Mixed-Use Projects

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Winston-Salem pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Winston-Salem $340 20,002 SF
Clemmons $1,134 25,445 SF
Walkertown $108 4,875 SF

Regional Demographic Comparison

This comparison places Winston-Salem 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 Winston-Salem or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Winston-Salem 257,957 105,919 37 $53,811 2 50,421 4%
Wallburg 3,115 1,194 45 $85,648 3 139 5%
Clemmons 20,517 8,164 44 $84,293 2 2,382 2%
Walkertown 6,349 2,522 43 $69,185 3 542 4%
Welcome 4,038 1,612 43 $55,000 2 403 2%

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

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

Winston-Salem 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 Winston-Salem?

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

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

How does Winston-Salem compare to nearby commercial real estate markets?

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

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

Nearby Cities
Commercial Market Reports