Commercial Real Estate Market in Coeburn, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 154 off-market properties in Coeburn, VA. Commercial property asks $52/SF to buy and $141.69/SF/Yr to lease.
Market Trends
Coeburn, VA spans 124.1 square miles in Wise County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Coeburn, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail space in Coeburn, VA asks $97/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 Coeburn, 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 space in Coeburn, VA asks $67/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 69.9%
- Commercial 21.1%
- Industrial 2.6%
Largest Zones share of zoned land by district
Residential District
Community Business
Travel Business
Public Land District
Industrial
Coeburn, VA zones 1,251 acres across 7 districts. Commercial zoning covers 21.1% of zoned land, residential 69.9% and industrial 2.6%. The largest single district is Residential District at 68.5%. For commercial buyers the practical constraint is that only 23.7% of land carries a commercial or industrial designation.
Residential District (R-1)
RESIDENTIAL DISTRICT R-1 101.0 Statement of Intent This district is composed of certain quiet, medium -density areas plus certain open areas where similar residential development appears likely to occur. The regulations for this district are designed to stabilize and protect the essential characteristics of the district, to promote and encourage a suitable e…
Market overview
Demographics & Economy
Coeburn, VA has 7,708 residents in 3,863 households. Density runs 62 people per square mile. Median household income here is $56,040 and median gross rent $725 a month.
7,708
Population
3,863
Households
2
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
124.1 sq mi
ZIP Area
62
Density / Sq Mi
$56,040
Median Household Income
$38,049
Median Earnings
$725
Median Rent
$104,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wise | — | — |
| Dungannon | — | — |
| Esserville | — | — |
| Saint Paul | — | — |
Commercial property in Coeburn, VA asks $52/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Coeburn?
Commercial property in Coeburn, VA asks an average of $52 per square foot. The 7 most recent recorded sales traded at a median of $43/SF, so asking sits 20% above the achieved median. Retail carries the highest asking price at $97/SF.
How much does it cost to lease commercial space in Coeburn?
Asking lease rates in Coeburn, VA average $141.69 per square foot per year.
What zoning applies to commercial property in Coeburn?
Coeburn, VA zones 1,251 acres across 7 districts, of which 21.1% is commercial and 2.6% industrial. The largest single district is Residential District at 68.5% of zoned land. RESIDENTIAL DISTRICT R-1 101.0 Statement of Intent This district is composed of certain quiet, medium -density areas plus certain open areas where similar residential development appears likely to occur. The regulations for this district are designed to stabilize and protect the essential characteristics of the district, to promote and encourage a suitable e… Residential zoning covers 69.9% and open space 0%.
Where does Realmo's Coeburn market data come from?
Realmo compiles Coeburn, VA figures from 8 recent recorded sales, 21 active sale listings, 3 active lease listings, 154 tracked off-market properties, the current Coeburn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 3 active for-lease listings in Coeburn, 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: 1,251 zoned acres across 7 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
