Commercial Real Estate Market in Parksley, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
44 active listings and 93 off-market properties in Parksley, VA.
Market Trends
Parksley, VA spans 32.2 square miles in Accomack County, Virginia. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Parksley, 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 Parksley, 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 Parksley, 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 Parksley, 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 91.5%
- Commercial 8.5%
Largest Zones share of zoned land by district
Single Family Residential
Commercial General
Residential Mixed
Parksley, VA zones 398 acres across 3 districts. Commercial zoning covers 8.5% of zoned land, residential 91.5%. The largest single district is Single Family Residential at 89.8%. For commercial buyers the practical constraint is that only 8.5% of land carries a commercial or industrial designation.
Single Family Residential (R-15)
The R-15 district is composed of certain quiet, medium-density residential areas plus certain open areas where similar residential development is recommended to occur by the Town of Parksley Town Plan.
Market overview
Demographics & Economy
Parksley, VA has 4,172 residents in 2,157 households. Density runs 129 people per square mile. Median household income here is $57,344 and median gross rent $811 a month.
4,172
Population
2,157
Households
1.9
Avg Household Size
43
Median Age
18%
College-Educated
72%
High-School Grad
32.2 sq mi
ZIP Area
129
Density / Sq Mi
$57,344
Median Household Income
$40,820
Median Earnings
$811
Median Rent
$205,000
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Parksley?
Commercial property in Parksley, VA asks an average of $129 per square foot. Office carries the highest asking price at $210/SF.
What zoning applies to commercial property in Parksley?
Parksley, VA zones 398 acres across 3 districts, of which 8.5% is commercial and 0% industrial. The largest single district is Single Family Residential at 89.8% of zoned land. The R-15 district is composed of certain quiet, medium-density residential areas plus certain open areas where similar residential development is recommended to occur by the Town of Parksley Town Plan. Residential zoning covers 91.5% and open space 0%.
Where does Realmo's Parksley market data come from?
Realmo compiles Parksley, VA figures from 43 active sale listings, 1 active lease listings, 93 tracked off-market properties, the current Parksley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 43 active for-sale and 1 active for-lease listings in Parksley, 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: 398 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
