Commercial Real Estate Market in Greenville, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
138 active listings and 3,446 off-market properties in Greenville, NC. Commercial property asks $136/SF to buy and $21.00/SF/Yr to lease.
Market Trends
Greenville, NC spans 235.7 square miles in Pitt County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Greenville, NC has a median asking sale price of $211/SF (based on 4 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Greenville, NC has a median asking sale price of $127/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Greenville, NC has a median asking sale price of $148/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 Greenville, NC has a median asking sale price of $131/SF. 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 68.7%
- Commercial 14.2%
- Industrial 13.3%
- Planned_development 1.9%
- Civic 1.8%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Greenville, NC zones 39,411 acres across 33 districts. Commercial zoning covers 14.2% of zoned land, residential 68.7% and industrial 13.3%. The largest single district is Residential Agricultural at 37.6%. For commercial buyers the practical constraint is that only 27.5% of land carries a commercial or industrial designation.
RA20 (Residential- Agricultural) To accommodate a compatible mixture of single-family dwellings and agricultural uses at lower densities. These areas are generally found in areas without sewer service that are not yet appropriate for development at higher densities. R15S (Residential- Single-Family) To accommodate single-family uses at lower densities. R9S (…
Market overview
Demographics & Economy
Greenville, NC has 107,908 residents in 53,649 households. Density runs 458 people per square mile. Median household income here is $54,368 and median gross rent $990 a month.
Tools
Nearby Markets
Commercial property in Greenville, NC asks $136/SF. The 2 bordering markets run from $42/SF in Farmville to $113/SF in Ayden, and the city sits above their $77/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Greenville?
How much does it cost to lease commercial space in Greenville?
How does Greenville compare to nearby markets on price?
What zoning applies to commercial property in Greenville?
Where does Realmo's Greenville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 70 active for-sale and 68 active for-lease listings in Greenville, NC. The medians are based on 36 of the for-sale and 15 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: 39,411 zoned acres across 33 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, retail vacancy is reported at South region level and industrial 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
