Commercial Real Estate Market in Onley, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
9 active listings and 116 off-market properties in Onley, VA. Commercial property asks $58/SF to buy and $2.35/SF/Yr to lease.
Market Trends
Onley, VA spans 13.6 square miles in Accomack County, Virginia. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Onley, VA asks $210/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 Onley, VA asks $142/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 Onley, 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 Onley, VA asks $206/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.6%
- Commercial 36.4%
- Industrial 4%
Largest Zones share of zoned land by district
Residential
Business General
Industrial Limited
Onley, VA zones 508 acres across 3 districts. Commercial zoning covers 36.4% of zoned land, residential 59.6% and industrial 4%. The largest single district is Residential at 59.6%. For commercial buyers the practical constraint is that only 40.4% of land carries a commercial or industrial designation.
Residential (R-1)
R-1 district is composed of certain quiet, low-to-medium-density residential areas plus certain open areas where similar residential development is recommended to occur by the Town of Onley Comprehensive Plan
Market overview
Demographics & Economy
Onley, VA has 1,010 residents in 448 households. Density runs 74 people per square mile. Median household income here is $57,083 and median gross rent $885 a month.
1,010
Population
448
Households
2.3
Avg Household Size
46
Median Age
19%
College-Educated
87%
High-School Grad
13.6 sq mi
ZIP Area
74
Density / Sq Mi
$57,083
Median Household Income
$48,284
Median Earnings
$885
Median Rent
$250,000
Median Home Value
Tools
Nearby Markets
Commercial property in Onley, VA asks $58/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Onley?
Commercial property in Onley, VA asks an average of $58 per square foot. Office carries the highest asking price at $210/SF.
How much does it cost to lease commercial space in Onley?
Asking lease rates in Onley, VA average $2.35 per square foot per year.
What zoning applies to commercial property in Onley?
Onley, VA zones 508 acres across 3 districts, of which 36.4% is commercial and 4% industrial. The largest single district is Residential at 59.6% of zoned land. R-1 district is composed of certain quiet, low-to-medium-density residential areas plus certain open areas where similar residential development is recommended to occur by the Town of Onley Comprehensive Plan Residential zoning covers 59.6% and open space 0%.
Where does Realmo's Onley market data come from?
Realmo compiles Onley, VA figures from 6 active sale listings, 3 active lease listings, 116 tracked off-market properties, the current Onley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 3 active for-lease listings in Onley, 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: 508 zoned acres across 3 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
