Commercial Real Estate Market in Meherrin, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 15 off-market properties in Meherrin, VA.
Market Trends
Meherrin, VA spans 67.2 square miles in Prince Edward County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Meherrin, 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 Meherrin, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Meherrin, 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 Meherrin, 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
Meherrin, VA has 2,030 residents in 1,217 households. Density runs 30 people per square mile. Median household income here is $75,382 and median gross rent $693 a month.
2,030
Population
1,217
Households
1.7
Avg Household Size
43
Median Age
13%
College-Educated
93%
High-School Grad
67.2 sq mi
ZIP Area
30
Density / Sq Mi
$75,382
Median Household Income
$41,613
Median Earnings
$693
Median Rent
$160,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Green Bay | — | — |
| Keysville | — | — |
| Victoria | — | — |
| Burkeville | — | — |
Commercial property in Meherrin, VA asks $554/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Meherrin?
Commercial property in Meherrin, VA asks an average of $554 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 0 active for-lease listings in Meherrin, 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
