Commercial Real Estate Market in Waynesboro, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
69 active listings and 1,150 off-market properties in Waynesboro, VA. Commercial property asks $106/SF to buy and $12.50/SF/Yr to lease (based on 7 listings).
Market Trends
Waynesboro, VA spans 74.5 square miles in Waynesboro County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Waynesboro, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Waynesboro, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Waynesboro, 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 Waynesboro, 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 59.2%
- Industrial 17.5%
- Planned_development 13.4%
- Commercial 9.7%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Waynesboro, VA zones 8,171 acres across 14 districts. Commercial zoning covers 9.7% of zoned land, residential 59.2% and industrial 17.5%. The largest single district is Single Family Residential 12 at 25.7%. For commercial buyers the practical constraint is that only 27.2% of land carries a commercial or industrial designation.
This districts is established to accommodate single-family detached residential neighborhoods on individual lots. The districts are differentiated primarily on the basis of minimum lot area and setback requirements. While this district primarily accommodate residential uses, specified nonresidential uses that are compatible with residential neighborhoods are…
Market overview
Demographics & Economy
Waynesboro, VA has 33,049 residents in 14,711 households. Density runs 443 people per square mile. Median household income here is $63,176 and median gross rent $968 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Waynesboro?
How much does it cost to lease commercial space in Waynesboro?
What zoning applies to commercial property in Waynesboro?
Where does Realmo's Waynesboro market data come from?
Methodology & data sources
- Asking prices and medians
- There are 39 active for-sale and 30 active for-lease listings in Waynesboro, VA. The medians are based on 17 of the for-sale and 7 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: 8,171 zoned acres across 14 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
