Commercial Real Estate Market in Wytheville, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
80 active listings and 454 off-market properties in Wytheville, VA. Commercial property asks $15/SF to buy and $11.60/SF/Yr to lease.
Market Trends
Wytheville, VA spans 189.9 square miles in Wythe County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wytheville, 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 Wytheville, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Wytheville, 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 Wytheville, 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
- Industrial 49.4%
- Commercial 39.7%
- Residential 9.9%
- Civic 1%
Largest Zones share of zoned land by district
Agricultural
Residential
Business
Residential
Industrial
Wytheville, VA zones 8,171 acres across 17 districts. Commercial zoning covers 39.7% of zoned land, residential 9.9% and industrial 49.4%. The largest single district is Agricultural at 38.4%. For commercial buyers the practical constraint is that only 89.1% of land carries a commercial or industrial designation.
Agricultural (A-1)
ARTICLE V - AGRICULTURAL DISTRICT A-1 5-1 USE REGULATIONS: In Agricultural District A-1, structures to be erected or land to be used shall be for one or more of the following uses: 5-1.1 Agriculture. 5-1.2 Dairying, including the raising of milk cows, and the processing and sale of milk and milk products at wholesale. All such uses shall conform to the State…
Market overview
Demographics & Economy
Wytheville, VA has 14,109 residents in 7,682 households. Density runs 74 people per square mile. Median household income here is $52,234 and median gross rent $706 a month.
14,109
Population
7,682
Households
1.8
Avg Household Size
46
Median Age
23%
College-Educated
88%
High-School Grad
189.9 sq mi
ZIP Area
74
Density / Sq Mi
$52,234
Median Household Income
$38,208
Median Earnings
$706
Median Rent
$167,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Crockett | — | — |
| Cripple Creek | — | — |
| Max Meadows | — | — |
| Fort Chiswell | — | — |
Commercial property in Wytheville, VA asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wytheville?
Commercial property in Wytheville, VA asks an average of $15 per square foot. The 8 most recent recorded sales traded at a median of $88/SF.
How much does it cost to lease commercial space in Wytheville?
Asking lease rates in Wytheville, VA average $11.60 per square foot per year.
What zoning applies to commercial property in Wytheville?
Wytheville, VA zones 8,171 acres across 17 districts, of which 39.7% is commercial and 49.4% industrial. The largest single district is Agricultural at 38.4% of zoned land. ARTICLE V - AGRICULTURAL DISTRICT A-1 5-1 USE REGULATIONS: In Agricultural District A-1, structures to be erected or land to be used shall be for one or more of the following uses: 5-1.1 Agriculture. 5-1.2 Dairying, including the raising of milk cows, and the processing and sale of milk and milk products at wholesale. All such uses shall conform to the State… Residential zoning covers 9.9% and open space 0%.
Where does Realmo's Wytheville market data come from?
Realmo compiles Wytheville, VA figures from 8 recent recorded sales, 73 active sale listings, 7 active lease listings, 454 tracked off-market properties, the current Wytheville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 73 active for-sale and 7 active for-lease listings in Wytheville, 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: 8,171 zoned acres across 17 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
