Commercial Real Estate Market in Colonial Beach, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
50 active listings and 216 off-market properties in Colonial Beach, VA. Commercial property asks $167/SF to buy and $19.71/SF/Yr to lease.
Market Trends
Colonial Beach, VA spans 59.3 square miles in Westmoreland County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Colonial Beach, 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 Colonial Beach, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Colonial Beach, 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 Colonial Beach, 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
Colonial Beach, VA has 9,151 residents in 5,561 households. Density runs 154 people per square mile. Median household income here is $57,366 and median gross rent $896 a month.
9,151
Population
5,561
Households
1.6
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
59.3 sq mi
ZIP Area
154
Density / Sq Mi
$57,366
Median Household Income
$37,584
Median Earnings
$896
Median Rent
$243,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Colonial Bch | — | — |
| Swan Point | — | — |
| Issue | — | — |
| Ninde | — | — |
Commercial property in Colonial Beach, VA asks $167/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Colonial Beach?
Commercial property in Colonial Beach, VA asks an average of $167 per square foot.
How much does it cost to lease commercial space in Colonial Beach?
Asking lease rates in Colonial Beach, VA average $19.71 per square foot per year.
Where does Realmo's Colonial Beach market data come from?
Realmo compiles Colonial Beach, VA figures from 5 recent recorded sales, 42 active sale listings, 8 active lease listings, 216 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 42 active for-sale and 8 active for-lease listings in Colonial Beach, 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
