Commercial Real Estate Market in Cape Charles, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
182 active listings and 182 off-market properties in Cape Charles, VA. Commercial property asks $101/SF to buy and $21.81/SF/Yr to lease.
Market Trends
Cape Charles, VA spans 65.1 square miles in Northampton County, Virginia. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Cape Charles, VA asks $107/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 space in Cape Charles, VA asks $125/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cape Charles, 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 Cape Charles, 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
Cape Charles, VA has 5,260 residents in 3,386 households. Density runs 81 people per square mile. Median household income here is $53,482 and median gross rent $795 a month.
5,260
Population
3,386
Households
1.6
Avg Household Size
52
Median Age
33%
College-Educated
89%
High-School Grad
65.1 sq mi
ZIP Area
81
Density / Sq Mi
$53,482
Median Household Income
$36,386
Median Earnings
$795
Median Rent
$344,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Cape Charles?
Commercial property in Cape Charles, VA asks an average of $101 per square foot. Retail carries the highest asking price at $125/SF.
How much does it cost to lease commercial space in Cape Charles?
Asking lease rates in Cape Charles, VA average $21.81 per square foot per year.
Where does Realmo's Cape Charles market data come from?
Realmo compiles Cape Charles, VA figures from 4 recent recorded sales, 178 active sale listings, 4 active lease listings, 182 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 178 active for-sale and 4 active for-lease listings in Cape Charles, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
