Commercial Real Estate Market in Gloucester Point, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
80 active listings and 320 off-market properties in Gloucester Point, VA. Commercial property asks $123/SF to buy and $65.00/SF/Yr to lease.
Market Trends
Gloucester Point, VA spans 1.5 square miles in Gloucester County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Gloucester Point, 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 Gloucester Point, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gloucester Point, 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 Gloucester Point, 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
Gloucester Point, VA has 2,652 residents in 1,151 households. Density runs 1,717 people per square mile. Median household income here is $49,637 and median gross rent $1,100 a month.
2,652
Population
1,151
Households
2.3
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
1.5 sq mi
ZIP Area
1,717
Density / Sq Mi
$49,637
Median Household Income
$42,336
Median Earnings
$1,100
Median Rent
$260,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glouster Point | — | — |
| Yorktown | — | $13.20 |
| Bena | — | — |
| Wicomico | — | — |
Commercial property in Gloucester Point, VA asks $123/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gloucester Point?
Commercial property in Gloucester Point, VA asks an average of $123 per square foot. The 5 most recent recorded sales traded at a median of $117/SF, so asking sits 6% above the achieved median.
How much does it cost to lease commercial space in Gloucester Point?
Asking lease rates in Gloucester Point, VA average $65.00 per square foot per year.
Where does Realmo's Gloucester Point market data come from?
Realmo compiles Gloucester Point, VA figures from 7 recent recorded sales, 73 active sale listings, 7 active lease listings, 320 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 73 active for-sale and 7 active for-lease listings in Gloucester Point, 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
