Commercial Real Estate Market in Vienna, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
103 active listings and 1,366 off-market properties in Vienna, VA. Commercial property asks $392/SF to buy and $25.85/SF/Yr to lease.
Market Trends
Vienna, VA spans 34.9 square miles in Fairfax County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Vienna, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Vienna, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Vienna, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Vienna, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 84.3%
- Open space 8.6%
- Commercial 3.7%
- Mixed use 0%
Largest Zones share of zoned land by district
Vienna, VA zones 2,379 acres across 16 districts. Commercial zoning covers 3.7% of zoned land, residential 84.3% and open space 8.6%. The largest single district is Residential Single Unit 10000 Square Feet Zone at 34.1%. For commercial buyers the practical constraint is that only 3.7% of land carries a commercial or industrial designation.
The following uses may also be permitted in all RS-16 zones subject to securing a use permit as provided in section 18-209: 1/24/24, 1:13 AM Vienna, VA Code of Ordinances about:blank 21/205 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) 1. 2. 3. 4. 5. (k) (l) Churches and other places of worship. Colleges and schools (private, elementary and high) of a noncommercia…
Market overview
Demographics & Economy
Vienna, VA has 90,817 residents in 33,525 households. Density runs 2,600 people per square mile. Median household income here is $201,337 and median gross rent $2,526 a month.
Tools
Lease vs Buy Breakeven
At $25.85/SF/Yr lease vs $392/SF buy → buying wins if held > 3.8 years.
At a 6.6% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Falls Church | $330 | $25.00 |
| Mc Lean | $409 | $33.33 |
Commercial property in Vienna, VA asks $392/SF. The 2 bordering markets run from $330/SF in Falls Church to $409/SF in Mc Lean, and the city sits above their $369/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Vienna?
How much does it cost to lease commercial space in Vienna?
Is it cheaper to lease or buy commercial space in Vienna?
How does Vienna compare to nearby markets on price?
What zoning applies to commercial property in Vienna?
Where does Realmo's Vienna market data come from?
Methodology & data sources
- Asking prices and medians
- There are 49 active for-sale and 54 active for-lease listings in Vienna, VA. The medians are based on 29 of the for-sale and 11 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 2,379 zoned acres across 16 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
