Commercial Real Estate Market in Urbanna, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 102 off-market properties in Urbanna, VA.
Market Trends
Urbanna, VA spans 15.9 square miles in Middlesex County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Urbanna, 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 Urbanna, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Urbanna, 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 Urbanna, 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 78.8%
- Commercial 19.2%
- Mixed use 2%
Largest Zones share of zoned land by district
Low Density Residential
General Commercial
High Density Residential
Special Waterfront Mixed Use
Urbanna, VA zones 263 acres across 4 districts. Commercial zoning covers 19.2% of zoned land, residential 78.8%. The largest single district is Low Density Residential at 74.9%. For commercial buyers the practical constraint is that only 19.2% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
Section 17-4.2. Low Density Residential District (R-1). Purpose of the District Section 17-4.2.1 The purpose of this district is to provide for low-density single-family detached residential development together with those public and semi-public uses and accessory uses as may be necessary or are normally compatible with residential surroundings. Since substa…
Market overview
Demographics & Economy
Urbanna, VA has 1,931 residents in 1,307 households. Density runs 121 people per square mile. Median household income here is $51,522.
1,931
Population
1,307
Households
1.5
Avg Household Size
56
Median Age
31%
College-Educated
99%
High-School Grad
15.9 sq mi
ZIP Area
121
Density / Sq Mi
$51,522
Median Household Income
$29,923
Median Earnings
$0
Median Rent
$335,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saluda | — | — |
| Christchurch | — | — |
| Warner | — | — |
| Locust Hill | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Urbanna?
Urbanna, VA zones 263 acres across 4 districts, of which 19.2% is commercial and 0% industrial. The largest single district is Low Density Residential at 74.9% of zoned land. Section 17-4.2. Low Density Residential District (R-1). Purpose of the District Section 17-4.2.1 The purpose of this district is to provide for low-density single-family detached residential development together with those public and semi-public uses and accessory uses as may be necessary or are normally compatible with residential surroundings. Since substa… Residential zoning covers 78.8% and open space 0%.
Where does Realmo's Urbanna market data come from?
Realmo compiles Urbanna, VA figures from 6 recent recorded sales, 11 active sale listings, 102 tracked off-market properties, the current Urbanna zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Urbanna, 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: 263 zoned acres across 4 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
