Commercial Real Estate Market in Glade Spring, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 128 off-market properties in Glade Spring, VA.
Market Trends
Glade Spring, VA spans 66.6 square miles in Washington County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Glade Spring, VA asks $200/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Glade Spring, VA asks $201/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 Glade Spring, 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 Glade Spring, VA asks $138/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
Market overview
Demographics & Economy
Glade Spring, VA has 5,319 residents in 2,647 households. Density runs 80 people per square mile. Median household income here is $64,050 and median gross rent $785 a month.
5,319
Population
2,647
Households
2
Avg Household Size
45
Median Age
24%
College-Educated
91%
High-School Grad
66.6 sq mi
ZIP Area
80
Density / Sq Mi
$64,050
Median Household Income
$41,581
Median Earnings
$785
Median Rent
$174,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Emory | — | — |
| Clinchburg | — | — |
| Chilhowie | — | — |
| McClure | — | — |
Commercial property in Glade Spring, VA asks $405/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glade Spring?
Commercial property in Glade Spring, VA asks an average of $405 per square foot. The 5 most recent recorded sales traded at a median of $117/SF, so asking sits 247% above the achieved median. Retail carries the highest asking price at $201/SF.
Where does Realmo's Glade Spring market data come from?
Realmo compiles Glade Spring, VA figures from 8 recent recorded sales, 7 active sale listings, 128 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 7 active for-sale and 0 active for-lease listings in Glade Spring, 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
