Commercial Real Estate Market in Virgilina, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 33 off-market properties in Virgilina, VA.
Market Trends
Virgilina, VA spans 74.0 square miles in Halifax County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Virgilina, 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 Virgilina, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Virgilina, 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 Virgilina, 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 81.7%
- Commercial 5%
Largest Zones share of zoned land by district
Residential
No Zoning
Commercial
Virgilina, VA zones 394 acres across 3 districts. Commercial zoning covers 5% of zoned land, residential 81.7%. The largest single district is Residential at 81.7%. For commercial buyers the practical constraint is that only 5% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Virgilina, VA has 1,785 residents in 916 households. Density runs 24 people per square mile. Median household income here is $55,938 and median gross rent $1,366 a month.
1,785
Population
916
Households
1.9
Avg Household Size
49
Median Age
18%
College-Educated
81%
High-School Grad
74 sq mi
ZIP Area
24
Density / Sq Mi
$55,938
Median Household Income
$34,000
Median Earnings
$1,366
Median Rent
$154,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Nelson | — | — |
| Cluster Springs | — | — |
| Buffalo Junction | — | — |
| Alton | — | — |
Commercial property in Virgilina, VA asks $797/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Virgilina?
Commercial property in Virgilina, VA asks an average of $797 per square foot. The 3 most recent recorded sales traded at a median of $75/SF, so asking sits 963% above the achieved median.
What zoning applies to commercial property in Virgilina?
Virgilina, VA zones 394 acres across 3 districts, of which 5% is commercial and 0% industrial. The largest single district is Residential at 81.7% of zoned land. Residential zoning covers 81.7% and open space 0%.
Where does Realmo's Virgilina market data come from?
Realmo compiles Virgilina, VA figures from 3 recent recorded sales, 7 active sale listings, 33 tracked off-market properties, the current Virgilina zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Virgilina, 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: 394 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 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
