Baltimore, MD
Commercial Real Estate Market Trends & Data

$174 Avg asking sale price
$357 Avg asking lease rate
19,044 SF Avg unit lease size
24,692 SF Avg building size for sale
9.84% Average cap rate

Baltimore's Demographic Profile

Baltimore has 239,426 households and a median income of $55,645, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 556,616
# Households 239,426
Median age 38
Median household income $55,645
Avg household size 2.0
Renter-occupied housing units 138,416
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Baltimore, MD

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Baltimore $130 33,716 SF 14.47%
Waverly $149 34,998 SF 10.03%
Nearby Retail Markets Avg Cost/SF Typical Size
Baltimore $197 13,988 SF
Waverly $125 34,949 SF
Brooklyn Park $111 7,882 SF
Halethorpe $185 10,496 SF
Brooklyn $368 9,834 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Baltimore $149 30,771 SF 21.59%
Waverly $241 27,197 SF 9.62%
Halethorpe $173 1,732 SF 13.39%
Brooklyn $82 4,950 SF 7.00%
Curtis Bay $82 4,950 SF 7.00%

Commercial Properties For Sale in Baltimore

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

Long-Term Income | Owner-User Flexibility | V

Baltimore, MD 21201

  • 13,333 SF Office Building
  • Auction Sale
For Sale

Origin Baltimore Terminal

Baltimore, MD 21226

  • 41.10 AC Lot
  • 1 Industrial Lot
  • Price Upon Request
For Sale

RGH Products

Baltimore, MD 21223

  • 124,260 SF Flex Building
  • Price Upon Request
For Sale

317-319 Park Ave

Baltimore, MD 21201

  • 7,641 SF Retail Building
  • $500,000
For Sale

420 S Mount St

Baltimore, MD 21223

  • 27,600 SF Industrial Building
  • $50,000
For Sale

2810 W Saratoga St

Baltimore, MD 21223

  • 27,500 SF Industrial Building
  • $1,900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Baltimore $174 24,692 SF
Waverly $199 24,054 SF
Brooklyn Park $321 66,897 SF
Halethorpe $186 14,890 SF

Multifamily Properties For Sale in Baltimore

For Sale

Bellevieu Manchester Apartments

Baltimore, MD 21217

  • 31,340 SF Multifamily
  • 21.59% Cap Rate
  • $2,200,000
For Sale

1201 S Charles

Baltimore, MD 21230

  • 32,468 SF Multifamily
  • $4,200,000
For Sale

38-50 W Biddle Baltimore, MD 21201

Baltimore, MD 21201

  • 27,710 SF Multifamily
  • 8.66% Cap Rate
  • $4,650,000
For Sale

1911 W Baltimore St

Baltimore, MD 21223

  • 3,500 SF Multifamily
  • $624,900
For Sale

1214 Eutaw Pl

Baltimore, MD 21217

  • 33,311 SF Multifamily
  • $4,200,000
For Sale

1305-1317 N Charles Street

Baltimore, MD

  • $3,250,000
For Sale

400 N Howard St

Baltimore, MD 21201

  • 12,000 SF Multifamily
  • $900,000
For Sale

The CopyCat Building

Baltimore, MD 21202

  • 265,220 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Baltimore 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 Baltimore or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Baltimore 556,616 239,426 38 $55,645 2 138,416 -4%
Waverly 43,351 18,413 36 $54,953 2 10,853 -3%
Brooklyn Park 16,798 5,801 38 $71,106 3 1,712 2%
Halethorpe 34,942 12,687 36 $71,422 3 5,032 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Baltimore, MD 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 Baltimore

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

Baltimore 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 Baltimore?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Baltimore. 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 Baltimore?

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

How does Baltimore compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Baltimore. 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 Baltimore acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Baltimore, 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.

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