Commercial Real Estate Market in Orange, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
44 active listings and 251 off-market properties in Orange, VA. Commercial property asks $274/SF to buy and $10.00/SF/Yr to lease.
Market Trends
Orange, VA spans 121.9 square miles in Orange County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Orange, 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 Orange, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Orange, 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 Orange, 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 54.6%
- Commercial 21.6%
- Industrial 14.3%
- Planned_development 6.9%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Rural Residential
Town Activity Center
Traditional Residential Low Density
Rural Commercial
Traditional Neighborhood Development
Orange, VA zones 1,941 acres across 11 districts. Commercial zoning covers 21.6% of zoned land, residential 54.6% and industrial 14.3%. The largest single district is Rural Residential at 31.6%. For commercial buyers the practical constraint is that only 35.9% of land carries a commercial or industrial designation.
Rural Residential (RR)
The Rural Residential District is established to preserve and sustain low density, residential areas on the edges of town with widely spaced homes, buffered from each other and from roadways by mature vegetation and street trees
Market overview
Demographics & Economy
Orange, VA has 11,067 residents in 4,711 households. Density runs 91 people per square mile. Median household income here is $79,081 and median gross rent $1,085 a month.
11,067
Population
4,711
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
87%
High-School Grad
121.9 sq mi
ZIP Area
91
Density / Sq Mi
$79,081
Median Household Income
$41,658
Median Earnings
$1,085
Median Rent
$274,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nasons | — | — |
| Unionville | — | — |
| Lahore | — | — |
| Woodberry Forest | — | — |
Commercial property in Orange, VA asks $274/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Orange?
Commercial property in Orange, VA asks an average of $274 per square foot. The 4 most recent recorded sales traded at a median of $157/SF, so asking sits 74% above the achieved median.
How much does it cost to lease commercial space in Orange?
Asking lease rates in Orange, VA average $10.00 per square foot per year.
What zoning applies to commercial property in Orange?
Orange, VA zones 1,941 acres across 11 districts, of which 21.6% is commercial and 14.3% industrial. The largest single district is Rural Residential at 31.6% of zoned land. The Rural Residential District is established to preserve and sustain low density, residential areas on the edges of town with widely spaced homes, buffered from each other and from roadways by mature vegetation and street trees Residential zoning covers 54.6% and open space 0%.
Where does Realmo's Orange market data come from?
Realmo compiles Orange, VA figures from 5 recent recorded sales, 42 active sale listings, 2 active lease listings, 251 tracked off-market properties, the current Orange zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 42 active for-sale and 2 active for-lease listings in Orange, 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: 1,941 zoned acres across 11 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
