Commercial Real Estate Market in Abingdon, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
34 active listings and 1,012 off-market properties in Abingdon, VA. Commercial property asks $187/SF to buy and $13.34/SF/Yr to lease (based on 6 listings).
Market Trends
Abingdon, VA spans 214.3 square miles in Washington County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Abingdon, VA has a median asking sale price of $175/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 Abingdon, VA has a median asking sale price of $146/SF (based on 7 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Abingdon, VA 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 Abingdon, VA has a median asking sale price of $90/SF (based on 3 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 47.2%
- Agricultural 22.7%
- Commercial 18.9%
- Civic 4.3%
- Industrial 3.5%
- Special 2.9%
- Planned_development 0.5%
Largest Zones share of zoned land by district
R-3 - High-Density Residential. The purpose of the R-3 - High-Density Residential district is to encourage diversity in housing opportunities at higher densities, as well as certain compatible public and semipublic land uses. This District should provide a high-quality residential environment in areas that have excellent transportation access and are well-se…
Market overview
Demographics & Economy
Abingdon, VA has 27,148 residents in 12,858 households. Density runs 127 people per square mile. Median household income here is $71,159 and median gross rent $863 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Abingdon?
How much does it cost to lease commercial space in Abingdon?
Where does Realmo's Abingdon market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 14 active for-lease listings in Abingdon, VA. The medians are based on 13 of the for-sale and 6 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: 5,113 zoned acres across 13 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
