Commercial Real Estate Market in Crewe, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
6 active listings and 188 off-market properties in Crewe, VA.
Market Trends
Crewe, VA spans 100.3 square miles in Nottoway County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Crewe, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Crewe, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Crewe, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Crewe, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 67.4%
- Industrial 20.9%
- Civic 7.9%
- Residential 3.7%
Largest Zones share of zoned land by district
Crewe, VA zones 1,142 acres across 7 districts. Commercial zoning covers 67.4% of zoned land, residential 3.7% and industrial 20.9%. The largest single district is Residential at 39.4%. For commercial buyers the practical constraint is that only 88.4% of land carries a commercial or industrial designation.
Number of Dwelling Units/Density Calculations Number of Parking Spaces or Loading Berths Site Plan, Plot Plan, or Reports Required by Zoning Ordinance Attached? -- Select One -- Yes No Zoning District: -- Select One -- R-1 R-2 R-3 RMH C-1 M-1 M-2 List any deed restrictions, restrictive covenant, or other considerations involving the property. If none, state…
Market overview
Demographics & Economy
Crewe, VA has 5,231 residents in 2,678 households. Density runs 52 people per square mile. Median household income here is $59,693 and median gross rent $952 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Blackstone | $63 | — |
| Kenbridge | $43 | $19.46 |
Commercial property in Crewe, VA asks $33/SF. The 2 bordering markets run from $43/SF in Kenbridge to $63/SF in Blackstone, and the city sits below their $53/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Crewe?
How does Crewe compare to nearby markets on price?
What zoning applies to commercial property in Crewe?
Where does Realmo's Crewe market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 0 active for-lease listings in Crewe, VA. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 1,142 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
