Palmyra, VA Commercial Real Estate for Lease and Sale

Explore 12 listings of Palmyra commercial real estate to find the best space for your business.

18 AC Development Site (44 AC Total)

0 James Madison Hwy, Palmyra, VA
Property

VacantLand
For Sale

$1,800,000
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30 AC in Prime Location

James Madison Hwy & Lake Rd, Troy, VA
Property

VacantLand
For Sale

$95,000/acre
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Up to 18,000 SF Available | Flex Space for Sublease

92 Industrial Way, Troy, VA
Property

Industrial
Availability

1 Space

18,000 SF
For Lease Contact for pricing
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Build-to-Suit Starlite Park ±5 Acres

Starlite Park & US Rt 15/James Madison Hwy, Troy, Zion Crossroads/Exit 136, Troy, VA
Property

VacantLand
Availability

1 Space

217,800 SF
For Lease Contact for pricing
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21611 James Madison Hwy

21611 James Madison Hwy, Troy, VA
Property

VacantLand

128.7 Acre
For Sale Contact for pricing
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48 Zion Station Court

48 Zion Station Court Troy, Troy, VA
Property

Industrial

20,323 SF
Availability

1 Space

20,323 SF
Year Built

2018
For Lease Contact for pricing
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2502 Richmond Road

2502 Richmond Road, Troy, VA
Property

Industrial

40,000 SF
Availability

1 Space

40,000 SF
For Lease Contact for pricing
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Crossing Pointe

75 Circle Pointe Drive, Zion Crossroads, VA
Property

VacantLand

10.67 Acre
Availability

1 Space

10.67 Acre
For Lease Contact for pricing
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535 Midway Ln

535 Midway Ln, Louisa, VA
Property

VacantLand

2,052 SF
Availability

1 Space

383,456 SF
Year Built

2002
For Lease

$0.65/SF/YR
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The Shoppes at Spring Creek

10923 James Madison Highway, Louisa, VA
Property

Retail

6,200 SF
Availability

1 Space

6,200 SF
For Lease Contact for pricing
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The Shoppes at Spring Creek

I-64 & Route 15, Zion Crossroads, VA
Property

VacantLand

1.1 Acre
Availability

1 Space

1.1 Acre
For Lease Contact for pricing
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3,800 SF Office Space Available For Lease

134 Wood Ridge Terrace, Gordonsville, Zion Crossroads, VA
Property

Office
Availability

1 Space

3,800 SF
Year Built

2020
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.
The listing inventory in Palmyra incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Palmyra is represented by Office space.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Palmyra, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.
The average size of a commercial property in Palmyra depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build.

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Palmyra, VA Commercial Real Estate for Lease and Sale

18 AC Development Site (44 AC Total)

30 AC in Prime Location

Up to 18,000 SF Available | Flex Space for Sublease

Build-to-Suit Starlite Park ±5 Acres

21611 James Madison Hwy

48 Zion Station Court

2502 Richmond Road

Crossing Pointe

535 Midway Ln

The Shoppes at Spring Creek

The Shoppes at Spring Creek

3,800 SF Office Space Available For Lease

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