Commercial Real Estate Market in Gainesville, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 393 off-market properties in Gainesville, VA. Commercial property asks $1,773/SF to buy and $32.00/SF/Yr to lease.
Market Trends
Gainesville, VA spans 25.5 square miles in Prince William County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gainesville, 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 Gainesville, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gainesville, 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 Gainesville, 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
Gainesville, VA has 37,218 residents in 12,833 households. Density runs 1,461 people per square mile. Median household income here is $154,531 and median gross rent $2,648 a month.
37,218
Population
12,833
Households
2.9
Avg Household Size
40
Median Age
55%
College-Educated
97%
High-School Grad
25.5 sq mi
ZIP Area
1,461
Density / Sq Mi
$154,531
Median Household Income
$71,853
Median Earnings
$2,648
Median Rent
$630,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Haymarket | — | — |
| Painter | — | — |
| Catharpin | — | — |
| Broad Run | — | — |
Commercial property in Gainesville, VA asks $1,773/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gainesville?
Commercial property in Gainesville, VA asks an average of $1,773 per square foot. The 6 most recent recorded sales traded at a median of $477/SF, so asking sits 272% above the achieved median.
How much does it cost to lease commercial space in Gainesville?
Asking lease rates in Gainesville, VA average $32.00 per square foot per year.
Where does Realmo's Gainesville market data come from?
Realmo compiles Gainesville, VA figures from 6 recent recorded sales, 24 active sale listings, 8 active lease listings, 393 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 24 active for-sale and 8 active for-lease listings in Gainesville, 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
