Commercial Real Estate Market in Bristol, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
52 active listings and 1,284 off-market properties in Bristol, VA. Commercial property asks $219/SF to buy and $11.87/SF/Yr to lease (based on 3 listings).
Market Trends
Bristol, VA spans 138.9 square miles in Bristol County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Bristol, VA has a median asking sale price of $264/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 Bristol, VA has a median asking sale price of $226/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Bristol, VA has a median asking sale price of $156/SF (based on 3 listings). Vacancy 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 Bristol, VA has a median asking sale price of $349/SF (based on 5 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 60%
- Commercial 16.2%
- Industrial 12.5%
- Agricultural 6.7%
- Civic 2.3%
Largest Zones share of zoned land by district
Bristol, VA zones 7,034 acres across 23 districts. Commercial zoning covers 16.2% of zoned land, residential 60% and industrial 12.5%. The largest single district is Single And Two Family Residential at 19.1%. For commercial buyers the practical constraint is that only 28.7% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Bristol, VA has 28,983 residents in 14,408 households. Density runs 209 people per square mile. Median household income here is $50,059 and median gross rent $801 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Bristol?
How much does it cost to lease commercial space in Bristol?
What zoning applies to commercial property in Bristol?
Where does Realmo's Bristol market data come from?
Methodology & data sources
- Asking prices and medians
- There are 29 active for-sale and 23 active for-lease listings in Bristol, VA. The medians are based on 18 of the for-sale and 3 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: 7,034 zoned acres across 23 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, 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 October 2026 · How Realmo checks market page data · Report a data issue
