Commercial Real Estate Market in Bluefield, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 384 off-market properties in Bluefield, VA.
Market Trends
Bluefield, VA spans 49.1 square miles in Tazewell County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Bluefield, VA asks $25/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Bluefield, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bluefield, VA 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 Bluefield, VA asks $76/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 37.9%
- Commercial 17.5%
- Agricultural 16.9%
- Civic 16.4%
- Open space 6.2%
- Industrial 3.8%
Largest Zones share of zoned land by district
Residential Estates
Agriculture
Residential Limited
Residential Limited
Medium To High Density Residential
Residential Estates (R-1A)
The purpose of the R-1A district is to allow development of homes on marginal lands usually too steep to properly allow extensive residential development. The R-1A district enables development to take place in such a manner as to preserve the natural environment of the area while it also provides opportunities for residential living
Market overview
Demographics & Economy
Bluefield, VA has 9,104 residents in 4,187 households. Density runs 186 people per square mile. Median household income here is $51,411 and median gross rent $823 a month.
9,104
Population
4,187
Households
2.2
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
49.1 sq mi
ZIP Area
186
Density / Sq Mi
$51,411
Median Household Income
$39,026
Median Earnings
$823
Median Rent
$144,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brush Fork | — | — |
| Falls Mills | — | — |
| Yards | — | — |
| Falls Mill | — | — |
Commercial property in Bluefield, VA asks $78/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bluefield?
Commercial property in Bluefield, VA asks an average of $78 per square foot. The 6 most recent recorded sales traded at a median of $129/SF. Multifamily carries the highest asking price at $76/SF.
Where does Realmo's Bluefield market data come from?
Realmo compiles Bluefield, VA figures from 7 recent recorded sales, 18 active sale listings, 1 active lease listings, 384 tracked off-market properties, the current Bluefield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 1 active for-lease listings in Bluefield, VA. 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: 5,548 zoned acres across 18 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 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 August 2026 · report a data issue
