Commercial Real Estate Market in Crewe, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 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 August 2026.
Office
Office vacancy in Crewe, 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 Crewe, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Crewe, 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
- Commercial 67.4%
- Industrial 20.9%
- Civic 7.9%
- Residential 3.7%
Largest Zones share of zoned land by district
Residential
Residential
Commercial
Industrial
Industrial
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.
Residential (R-1)
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.
5,231
Population
2,678
Households
2
Avg Household Size
45
Median Age
20%
College-Educated
91%
High-School Grad
100.3 sq mi
ZIP Area
52
Density / Sq Mi
$59,693
Median Household Income
$40,625
Median Earnings
$952
Median Rent
$165,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nottoway | — | — |
| Burkeville | — | — |
| Jetersville | — | — |
| Blackstone | — | — |
Commercial property in Crewe, VA asks $176/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Crewe?
Commercial property in Crewe, VA asks an average of $176 per square foot.
What zoning applies to commercial property in Crewe?
Crewe, VA zones 1,142 acres across 7 districts, of which 67.4% is commercial and 20.9% industrial. The largest single district is Residential at 39.4% of zoned land. Residential zoning covers 3.7% and open space 0%.
Where does Realmo's Crewe market data come from?
Realmo compiles Crewe, VA figures from 23 active sale listings, 1 active lease listings, 188 tracked off-market properties, the current Crewe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 1 active for-lease listings in Crewe, 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: 1,142 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 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
