Licensed North Carolina Real Estate Broker — Affiliated with G Brokerage

Sell Your Commercial Property in Thomasville, NC

Thomasville is a Davidson County city known historically as the Chair City — a furniture manufacturing center that has diversified into healthcare, distribution, and the emerging downtown food scene. Novant Health Thomasville Medical Center, proximity to I-85, and the city's position between High Point and Lexington create a commercial market where institutional healthcare demand and I-85 logistics access provide stable fundamentals. The Big Chair landmark symbolizes the city's manufacturing heritage, while the revitalizing downtown along Salem Street signals a commercial identity that is evolving beyond its industrial roots.

No upfront feesConfidential process$500K - $10M+ properties
2x
Dual Expertise
Business broker + CRE advisor. Most brokers only do one.
90
Day Avg. to Offer
Well-priced properties with strong financials attract fast offers.
$0
Upfront Cost
Success-based fees only. You pay nothing until your property sells.
Market Intelligence

Thomasville Commercial Real Estate Market

Thomasville's commercial real estate market is transitioning from its furniture manufacturing heritage toward a more diversified economy anchored by healthcare and distribution. The city's position along the I-85 corridor between High Point (10 miles northeast) and Lexington (10 miles southwest) provides logistics connectivity while its own commercial corridors along National Highway and Randolph Street serve the local population. The proximity to High Point's International Home Furnishings Market means some Thomasville properties benefit from the biannual market event's economic spillover.

Novant Health Thomasville Medical Center is the city's primary healthcare anchor, generating medical office demand near the hospital campus. The downtown Salem Street area is experiencing early revitalization with restaurants, coffee shops, and small businesses beginning to create a walkable commercial identity. Industrial demand along I-85 and National Highway serves manufacturing, distribution, and building materials tenants. The city's affordable commercial rents relative to High Point and Greensboro attract small businesses and startup operations.

Thomasville's cap rates offer strong yields that attract income-focused investors comfortable with the Davidson County secondary market. The buyer pool includes Triad-area operators, yield investors from the I-85 corridor, and healthcare investors attracted by Novant Health's institutional stability. For sellers, Thomasville properties benefit from realistic pricing that communicates yield value alongside the modest growth narrative from downtown revitalization and I-85 logistics positioning.

28,000+
Population
0.5% annually
Annual Growth
36000
Median Income
0.04
Unemployment
Major Employers: Thomasville Medical Center, Old Dominion Freight, Thomasville Furniture (legacy), Davidson County Schools, various manufacturers
Economic Drivers: Manufacturing, Healthcare, Logistics, Retail, Government
What's Selling

Top Property Types in Thomasville

01

Industrial & Warehouse

Thomasville's retail along National Highway and Randolph Street serves the local population and surrounding Davidson County communities. Grocery-anchored centers and national QSR properties provide the most liquid retail investments. Downtown Salem Street's emerging restaurant and coffee scene creates a walkable commercial node with appreciation potential, though it remains in early development stages. The Big Chair landmark and proximity to High Point's furniture market generate modest tourism interest that supplements local spending at nearby businesses.

02

Retail & Service

Novant Health Thomasville Medical Center generates stable medical office demand near the hospital campus. Physician practices, urgent care, and outpatient services serve the local and surrounding Davidson County population. The aging demographics support healthcare utilization growth. Medical office near the hospital achieves the tightest cap rates in the Thomasville market, offering income stability backed by institutional healthcare demand that persists regardless of broader economic conditions.

03

Medical & Office

I-85 access and the city's manufacturing heritage provide industrial capacity for distribution, furniture production, and light manufacturing tenants. Legacy manufacturing buildings offer redevelopment potential for modern distribution and processing uses. Properties with dock loading, adequate power, and I-85 access attract both owner-occupants continuing manufacturing operations and investors seeking strong income yields from industrial tenants in the Piedmont corridor.

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Market Data

Thomasville Cap Rate Ranges

Property TypeTypical Cap Rate
Industrial8.0% - 10.0%
Retail8.0% - 10.5%
Office8.5% - 11.0%
Mixed-Use8.0% - 10.0%
NNN Lease6.0% - 7.5%

Cap rates in Thomasville are among the highest in the Triad, offering strong yields.

Your Advisor

Why Thomasville Property Owners Work With John Salony

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.

Common Questions

Selling Commercial Property in Thomasville

Repurposed industrial and medical office are strongest performers.
Most sales take 6 to 14 months. Value-oriented investors are active.
Thomasville delivers high yields reflecting the secondary Davidson County market. Retail along National Highway trades at 8.0% to 10.5%. Medical office near Novant Health ranges from 7.0% to 9.0%. Industrial along I-85 trades at 7.5% to 10.0%. General office varies from 8.5% to 11.0%. Downtown Salem Street properties vary based on revitalization progress. NNN properties with credit tenants achieve 6.0% to 8.0%. Healthcare demand and I-85 logistics provide the stability underpinning these yields.
Yes — Thomasville's manufacturing and healthcare economy creates combined transactions for industrial businesses with owned facilities, medical practices near the hospital, and retail operations along the main corridors. John Salony structures these deals to capture the income stability that Novant Health's presence and I-85 connectivity provide, while highlighting any emerging value from downtown revitalization or manufacturing modernization.
Thomasville's healthcare anchor remains stable with Novant Health's continued investment, I-85 logistics demand grows with regional distribution needs, and downtown revitalization — while still early — signals evolving commercial interest. The city's affordable commercial pricing relative to High Point and Greensboro attracts tenants seeking Triad access at lower occupancy costs. A consultation can help you position your Thomasville property for the yield-focused buyer audience that actively invests in Piedmont secondary markets.
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