Northern Virginia, VA
Commercial Real Estate Market Trends & Data

Northern Virginia's Demographic Profile

Northern Virginia has 1,084,304 households and a median income of $128,899, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 3,015,743
# Households 1,084,304
Median age 39
Median household income $128,899
Avg household size 3.0
Renter-occupied housing units 389,904
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Northern Virginia, VA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Northern Virginia $322 18,685 SF 12.05%
New Baltimore $391 12,096 SF 8.90%
Warrenton $291 9,751 SF 8.90%
Nearby Retail Markets Avg Cost/SF Typical Size
Northern Virginia $536 7,594 SF
Gainesville $423 11,593 SF
New Baltimore $374 5,084 SF
Middleburg $399 5,639 SF
Marshall $284 10,556 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Northern Virginia $354 6,723 SF 11.30%
Harpers Ferry $321 2,894 SF 11.30%

Commercial Properties For Sale in Northern Virginia

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Professional Value-Add off Interstate 95

Fredericksburg, VA 22407

  • 8,652 SF Office Building
  • Auction Sale
For Sale

Operation-Ready Daycare Opportunity

Falls Church, VA 22041

  • 13,640 SF Retail Building
  • Auction Sale
For Sale

410 Jack Enders Blvd

Berryville, VA 22611

  • 67,000 SF Industrial Building
  • Price Upon Request
For Sale

Fifty West Corporate Center Phase 2

Fairfax, VA 22033

  • 203,440 SF Office Building
  • 12.05% Cap Rate
  • $27,500,000
For Sale

Yount Hyde & Barbour Building

Middleburg, VA 20117

  • 5,639 SF Office Building
  • $2,250,000
For Sale

2501 N Glebe Rd

Arlington, VA 22207

  • 12,774 SF Office Building
  • $850,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Northern Virginia pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Northern Virginia $548 17,366 SF
Gainesville $864 7,590 SF
New Baltimore $419 7,653 SF

Multifamily Properties For Sale in Northern Virginia

For Sale

McLean House Condominiums

McLean, VA 22101

  • 318,912 SF Multifamily
  • $435,000
For Sale

The Byron

Falls Church, VA 22046

  • 168,806 SF Multifamily
  • $925,000
For Sale

Claridge House

Washington, DC 20037

  • 81,620 SF Multifamily
  • $375,000
For Sale

Multi-Tenant Retail Investment

Leesburg, VA 20175

  • 59,904 SF Multifamily
  • Price Upon Request
For Sale

Station Square at Clarendon

Arlington, VA 22201

  • 500,969 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Northern Virginia alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Northern Virginia or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Northern Virginia 3,015,743 1,084,304 39 $128,899 3 389,904 2%
The Plains 141 57 48 $124,999 3 18 1%
Haymarket 1,823 573 37 $146,606 3 91 6%
Gainesville 21,047 6,581 38 $149,732 3 1,130 5%
New Baltimore 11,687 3,759 41 $173,365 3 261 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Northern Virginia, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Northern Virginia

View All Commercial Real Estate For Sale in Northern Virginia
Is Northern Virginia a good market for a first-time commercial real estate investor?

Northern Virginia offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Northern Virginia?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Northern Virginia. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Northern Virginia?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Northern Virginia. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Northern Virginia compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Northern Virginia. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Northern Virginia acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Northern Virginia, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.