Commercial Real Estate Market in Montross, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
144 active listings and 170 off-market properties in Montross, VA.
Market Trends
Montross, VA spans 96.5 square miles in Westmoreland County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Montross, 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 Montross, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Montross, 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 Montross, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 74.3%
- Commercial 25.3%
- Industrial 0.5%
Largest Zones share of zoned land by district
Rural Residential
Single Family Residential
General Business
Limited Business
Central Business
Montross, VA zones 584 acres across 7 districts. Commercial zoning covers 25.3% of zoned land, residential 74.3% and industrial 0.5%. The largest single district is Rural Residential at 52.3%. For commercial buyers the practical constraint is that only 25.7% of land carries a commercial or industrial designation.
Rural Residential (R-1)
Pursuant to the general purposes of this chapter, the intent of the R-1 rural residential district is to reflect the predominantly rural character of the town and accomplish comprehensive plan objectives to retain such character and to protect farmland from development pressures by encouraging agricultural, forestry, open space, recreational and conservation…
Market overview
Demographics & Economy
Montross, VA has 5,659 residents in 2,996 households. Density runs 59 people per square mile. Median household income here is $69,063 and median gross rent $968 a month.
5,659
Population
2,996
Households
1.9
Avg Household Size
52
Median Age
20%
College-Educated
85%
High-School Grad
96.5 sq mi
ZIP Area
59
Density / Sq Mi
$69,063
Median Household Income
$46,760
Median Earnings
$968
Median Rent
$242,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Zacata | — | — |
| Mount Holly | — | — |
| Nomini Grove | — | — |
| Coltons Point | — | — |
Commercial property in Montross, VA asks $389/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montross?
Commercial property in Montross, VA asks an average of $389 per square foot.
What zoning applies to commercial property in Montross?
Montross, VA zones 584 acres across 7 districts, of which 25.3% is commercial and 0.5% industrial. The largest single district is Rural Residential at 52.3% of zoned land. Pursuant to the general purposes of this chapter, the intent of the R-1 rural residential district is to reflect the predominantly rural character of the town and accomplish comprehensive plan objectives to retain such character and to protect farmland from development pressures by encouraging agricultural, forestry, open space, recreational and conservation… Residential zoning covers 74.3% and open space 0%.
Where does Realmo's Montross market data come from?
Realmo compiles Montross, VA figures from 7 recent recorded sales, 144 active sale listings, 170 tracked off-market properties, the current Montross zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 144 active for-sale and 0 active for-lease listings in Montross, 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.
- Zoning and land use
- The current municipal zoning release: 584 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
