Commercial Real Estate Market in Essex, VT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Essex, VT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Essex, VT runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Essex, VT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Essex, VT asks $290/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 49.3%
- Open space 23.4%
- Special 12.5%
- Industrial 7.4%
- Commercial 4.9%
- Planned_development 2.2%
- Mixed use 0.4%
Largest Zones share of zoned land by district
Agriculture Residential
Conservation
Medium Density Residential
Floodplain
Low Density Residential
Essex, VT zones 22,260 acres across 16 districts. Commercial zoning covers 4.9% of zoned land, residential 49.3%, open space 23.4% and industrial 7.4%. The largest single district is Agriculture Residential at 30.9%. For commercial buyers the practical constraint is that only 12.2% of land carries a commercial or industrial designation.
Agriculture Residential (AR)
I. Agricultural Residential Districts (AR) A. The AR district in the southwest quadrant is bounded on the south by the City of Essex Junction, the State Tree Nursery O1 District (see VI-B), a line 600 feet north of and parallel to the Central Vermont Railroad tracks up to the Circumferential Highway, west on the Circumferential Highway approximately 600 feet…
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Essex Junction | — | — |
| Colchester | — | — |
| Williston | — | — |
| Winooski | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Essex?
Essex, VT zones 22,260 acres across 16 districts, of which 4.9% is commercial and 7.4% industrial. The largest single district is Agriculture Residential at 30.9% of zoned land. I. Agricultural Residential Districts (AR) A. The AR district in the southwest quadrant is bounded on the south by the City of Essex Junction, the State Tree Nursery O1 District (see VI-B), a line 600 feet north of and parallel to the Central Vermont Railroad tracks up to the Circumferential Highway, west on the Circumferential Highway approximately 600 feet… Residential zoning covers 49.3% and open space 23.4%.
Methodology & data sources
- 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: 22,260 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 Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast 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
