Commercial Real Estate Market in Christiansburg, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 1,494 off-market properties in Christiansburg, VA. Commercial property asks $548/SF to buy and $16.00/SF/Yr to lease.
Market Trends
Christiansburg, VA spans 89.6 square miles in Montgomery County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Christiansburg, 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 Christiansburg, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Christiansburg, 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 Christiansburg, 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 45.6%
- Agricultural 24.6%
- Commercial 16.8%
- Industrial 10.9%
- Mixed use 1.3%
- Civic 0.9%
Largest Zones share of zoned land by district
Agriculture
Single Family Residential
General Business
Two Family Residential
Multiple Family Residential
Christiansburg, VA zones 8,221 acres across 12 districts. Commercial zoning covers 16.8% of zoned land, residential 45.6% and industrial 10.9%. The largest single district is Agriculture at 24.6%. For commercial buyers the practical constraint is that only 27.6% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
Residential, single-family R-1 Residential, two-family R-2 Residential, multiple-family R-3 Residential, manufactured home subdivision R-MS Mixed use: residential - limited business MU-1 Mixed use: residential - limited business - limited industrial MU-2 Business, limited B-1 Business, central B-2 Business, general B-3 Industrial, limited I-1 Industrial, gen…
Market overview
Demographics & Economy
Christiansburg, VA has 32,093 residents in 14,248 households. Density runs 358 people per square mile. Median household income here is $75,103 and median gross rent $1,150 a month.
32,093
Population
14,248
Households
2.3
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
89.6 sq mi
ZIP Area
358
Density / Sq Mi
$75,103
Median Household Income
$46,396
Median Earnings
$1,150
Median Rent
$247,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fairview | — | — |
| Prices Fork | — | — |
| Blacksburg | — | — |
| Allegany Spring | — | — |
Commercial property in Christiansburg, VA asks $548/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Christiansburg?
Commercial property in Christiansburg, VA asks an average of $548 per square foot.
How much does it cost to lease commercial space in Christiansburg?
Asking lease rates in Christiansburg, VA average $16.00 per square foot per year.
What zoning applies to commercial property in Christiansburg?
Christiansburg, VA zones 8,221 acres across 12 districts, of which 16.8% is commercial and 10.9% industrial. The largest single district is Agriculture at 24.6% of zoned land. Residential zoning covers 45.6% and open space 0%.
Where does Realmo's Christiansburg market data come from?
Realmo compiles Christiansburg, VA figures from 35 active sale listings, 7 active lease listings, 1,494 tracked off-market properties, the current Christiansburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 7 active for-lease listings in Christiansburg, 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: 8,221 zoned acres across 12 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
