Commercial Real Estate Market in Brookneal, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 309 off-market properties in Brookneal, VA.
Market Trends
Brookneal, VA spans 99.5 square miles in Campbell County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Brookneal, 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 Brookneal, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Brookneal, 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 Brookneal, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Brookneal, VA has 2,994 residents in 1,785 households. Density runs 30 people per square mile. Median household income here is $56,014 and median gross rent $796 a month.
2,994
Population
1,785
Households
1.7
Avg Household Size
47
Median Age
14%
College-Educated
82%
High-School Grad
99.5 sq mi
ZIP Area
30
Density / Sq Mi
$56,014
Median Household Income
$36,835
Median Earnings
$796
Median Rent
$135,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Naruna | — | — |
| Nathalie | — | — |
| Long Island | — | — |
| Gladys | — | — |
Commercial property in Brookneal, VA asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Brookneal?
Commercial property in Brookneal, VA asks an average of $1 per square foot. The 6 most recent recorded sales traded at a median of $55/SF.
Where does Realmo's Brookneal market data come from?
Realmo compiles Brookneal, VA figures from 6 recent recorded sales, 37 active sale listings, 309 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 37 active for-sale and 0 active for-lease listings in Brookneal, 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.
- 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
