Commercial Real Estate Market in Cowpens, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
33 active listings and 192 off-market properties in Cowpens, SC.
Market Trends
Cowpens, SC spans 35.8 square miles in Spartanburg County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cowpens, SC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Cowpens, SC asks $157/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cowpens, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Cowpens, SC asks $139/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 80%
- Industrial 10.8%
- Commercial 6.9%
- Planned_development 1.7%
Largest Zones share of zoned land by district
Single Family Residential
Single And Two Family Residential
Mobile Home Subdivision
Light Industrial
Planned Neighborhood Commercial
Cowpens, SC zones 1,471 acres across 9 districts. Commercial zoning covers 6.9% of zoned land, residential 80% and industrial 10.8%. The largest single district is Single Family Residential at 44.2%. For commercial buyers the practical constraint is that only 17.7% of land carries a commercial or industrial designation.
Single Family Residential (R1)
SEC. 1. R-1 Single-Family Residential District The purpose of single-family zoning is to provide a homogenous and aesthetically harmonious environment of low density single-family dwelling units. PERMITTED USES: a. Single-family dwellings, including sectional homes but excluding mobile homes and travel trailers. b. Churches, synagogues, and other places of w…
Market overview
Demographics & Economy
Cowpens, SC has 8,302 residents in 3,852 households. Density runs 232 people per square mile. Median household income here is $47,025 and median gross rent $842 a month.
8,302
Population
3,852
Households
2.2
Avg Household Size
41
Median Age
17%
College-Educated
80%
High-School Grad
35.8 sq mi
ZIP Area
232
Density / Sq Mi
$47,025
Median Household Income
$36,082
Median Earnings
$842
Median Rent
$145,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clifton | — | — |
| Converse | — | — |
| Glendale | — | — |
| Drayton | — | — |
Commercial property in Cowpens, SC asks $1,593/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cowpens?
Commercial property in Cowpens, SC asks an average of $1,593 per square foot. The 4 most recent recorded sales traded at a median of $104/SF, so asking sits 1429% above the achieved median. Retail carries the highest asking price at $157/SF.
What zoning applies to commercial property in Cowpens?
Cowpens, SC zones 1,471 acres across 9 districts, of which 6.9% is commercial and 10.8% industrial. The largest single district is Single Family Residential at 44.2% of zoned land. SEC. 1. R-1 Single-Family Residential District The purpose of single-family zoning is to provide a homogenous and aesthetically harmonious environment of low density single-family dwelling units. PERMITTED USES: a. Single-family dwellings, including sectional homes but excluding mobile homes and travel trailers. b. Churches, synagogues, and other places of w… Residential zoning covers 80% and open space 0%.
Where does Realmo's Cowpens market data come from?
Realmo compiles Cowpens, SC figures from 5 recent recorded sales, 29 active sale listings, 4 active lease listings, 192 tracked off-market properties, the current Cowpens zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 4 active for-lease listings in Cowpens, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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: 1,471 zoned acres across 9 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 August 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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 August 2026 · report a data issue
