Commercial Real Estate Market in Greensboro, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
305 active listings and 7,364 off-market properties in Greensboro, NC. Commercial property asks $223/SF to buy and $15.25/SF/Yr to lease (based on 8 listings).
Market Trends
Greensboro, NC spans 230.4 square miles in Guilford County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Greensboro, NC has a median asking sale price of $223/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Greensboro, NC has a median asking sale price of $388/SF (based on 4 listings). Vacancy runs 4% in 2025, down from 6% in 2020. Down from a 2021 peak of 6.5%.
Industrial
Industrial space in Greensboro, NC has a median asking sale price of $71/SF (based on 3 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Greensboro, NC has a median asking sale price of $132/SF (based on 4 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52%
- Industrial 18.8%
- Civic 15%
- Planned_development 8%
- Mixed use 4.1%
- Commercial 2%
Largest Zones share of zoned land by district
Greensboro, NC zones 90,707 acres across 46 districts. Commercial zoning covers 2% of zoned land, residential 52% and industrial 18.8%. The largest single district is Residential Single Family 3 at 22.5%. For commercial buyers the practical constraint is that only 20.8% of land carries a commercial or industrial designation.
The R-3, Residential Single family district is primarily intended to accommodate low density single family detached residential development.
Market overview
Demographics & Economy
Greensboro, NC has 334,723 residents in 148,806 households. Density runs 1,453 people per square mile. Median household income here is $64,621 and median gross rent $1,118 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Greensboro?
How much does it cost to lease commercial space in Greensboro?
What zoning applies to commercial property in Greensboro?
Where does Realmo's Greensboro market data come from?
Methodology & data sources
- Asking prices and medians
- There are 125 active for-sale and 180 active for-lease listings in Greensboro, NC. The medians are based on 24 of the for-sale and 8 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 90,707 zoned acres across 46 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, industrial vacancy is reported at South region level and multifamily vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
