Commercial Real Estate Market in Vienna, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
110 active listings and 1,366 off-market properties in Vienna, VA. Commercial property asks $278/SF to buy and $24.38/SF/Yr to lease.
Market Trends
Vienna, VA spans 34.9 square miles in Fairfax County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Vienna, 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 Vienna, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Vienna, 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 84.3%
- Open space 8.6%
- Commercial 3.7%
- Mixed use 0%
Largest Zones share of zoned land by district
Residential Single Unit 10000 Square Feet Zone
Residential Single Unit 12500 Square Feet Zone
Residential Single Unit 16000 Square Feet Zone
Parks And Recreational
Residential Multi Unit
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.
Residential Single Unit 16000 Square Feet Zone (RS-16)
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.
90,817
Population
33,525
Households
2.7
Avg Household Size
41
Median Age
80%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
2,600
Density / Sq Mi
$201,337
Median Household Income
$101,783
Median Earnings
$2,526
Median Rent
$986,808
Median Home Value
Tools
Lease vs Buy Breakeven
At $24.38/SF/Yr lease vs $278/SF buy → buying wins if held > 1.8 years.
At a 8.8% 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 | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dunn Loring | — | — |
| Falls Church | — | $29.38 |
| Merrifield | — | — |
| Mc Lean | — | $30.31 |
Commercial property in Vienna, VA asks $278/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Vienna?
Commercial property in Vienna, VA asks an average of $278 per square foot. The 5 most recent recorded sales traded at a median of $382/SF.
How much does it cost to lease commercial space in Vienna?
Asking lease rates in Vienna, VA average $24.38 per square foot per year.
Is it cheaper to lease or buy commercial space in Vienna?
Buying beats leasing in Vienna, VA if the property is held longer than 1.8 years, comparing $24.38/SF/Yr asking rent with $278/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Vienna?
Vienna, VA zones 2,379 acres across 16 districts, of which 3.7% is commercial and 0% industrial. The largest single district is Residential Single Unit 10000 Square Feet Zone at 34.1% of zoned land. Residential zoning covers 84.3% and open space 8.6%.
Where does Realmo's Vienna market data come from?
Realmo compiles Vienna, VA figures from 8 recent recorded sales, 52 active sale listings, 58 active lease listings, 1,366 tracked off-market properties, the current Vienna zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 52 active for-sale and 58 active for-lease listings in Vienna, 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: 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 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
