Commercial Real Estate Market in Bridgewater, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 181 off-market properties in Bridgewater, VA. Commercial property asks $322/SF to buy and $16.50/SF/Yr to lease.
Market Trends
Bridgewater, VA spans 49.8 square miles in Rockingham County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bridgewater, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Bridgewater, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bridgewater, 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 vacancy in Bridgewater, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48%
- Civic 21.8%
- Commercial 13.9%
- Planned_development 7.5%
- Industrial 6.8%
- Agricultural 1.6%
Largest Zones share of zoned land by district
Residential District
Public Use District
Residential District
Business District
Residential District
Residential District (R-1)
This district is intended to be used for low density single-family residential development with accessory uses necessary or compatible with residential surroundings, The additional permitted uses, by review of the town council, includes facilities sometimes required to provide the basic elements of a basic and attractive residential area
Market overview
Demographics & Economy
Bridgewater, VA has 9,799 residents in 3,570 households. Density runs 197 people per square mile. Median household income here is $83,858 and median gross rent $1,158 a month.
9,799
Population
3,570
Households
2.7
Avg Household Size
36
Median Age
40%
College-Educated
89%
High-School Grad
49.8 sq mi
ZIP Area
197
Density / Sq Mi
$83,858
Median Household Income
$33,182
Median Earnings
$1,158
Median Rent
$342,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Montezuma | — | — |
| Mount Crawford | — | — |
| Dayton | — | — |
| Pleasant Vly | — | — |
Commercial property in Bridgewater, VA asks $322/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bridgewater?
Commercial property in Bridgewater, VA asks an average of $322 per square foot.
How much does it cost to lease commercial space in Bridgewater?
Asking lease rates in Bridgewater, VA average $16.50 per square foot per year.
Where does Realmo's Bridgewater market data come from?
Realmo compiles Bridgewater, VA figures from 5 recent recorded sales, 10 active sale listings, 5 active lease listings, 181 tracked off-market properties, the current Bridgewater zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 5 active for-lease listings in Bridgewater, 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: 1,644 zoned acres across 11 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
