Commercial Real Estate Market in Mcgaheysville, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 35 off-market properties in Mcgaheysville, VA. Commercial property asks $361/SF to buy and $9.50/SF/Yr to lease.
Market Trends
Mcgaheysville, VA spans 31.4 square miles in Rockingham County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mcgaheysville, 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 Mcgaheysville, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Mcgaheysville, 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 Mcgaheysville, 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
Mcgaheysville, VA has 4,524 residents in 3,642 households. Density runs 144 people per square mile. Median household income here is $93,580 and median gross rent $1,536 a month.
4,524
Population
3,642
Households
1.2
Avg Household Size
44
Median Age
45%
College-Educated
92%
High-School Grad
31.4 sq mi
ZIP Area
144
Density / Sq Mi
$93,580
Median Household Income
$52,134
Median Earnings
$1,536
Median Rent
$355,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mc Gaheysville | — | — |
| Massanutten | — | — |
| Penn Laird | — | — |
| Keezletown | — | — |
Commercial property in Mcgaheysville, VA asks $361/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mcgaheysville?
Commercial property in Mcgaheysville, VA asks an average of $361 per square foot.
How much does it cost to lease commercial space in Mcgaheysville?
Asking lease rates in Mcgaheysville, VA average $9.50 per square foot per year.
Where does Realmo's Mcgaheysville market data come from?
Realmo compiles Mcgaheysville, VA figures from 2 recent recorded sales, 11 active sale listings, 6 active lease listings, 35 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 11 active for-sale and 6 active for-lease listings in Mcgaheysville, 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
