Lutherville Timonium, MD
Commercial Real Estate Market Trends & Data

Lutherville Timonium's Demographic Profile

Lutherville Timonium has 15,132 households and a median income of $118,164, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 37,786
# Households 15,132
Median age 48
Median household income $118,164
Avg household size 2.0
Renter-occupied housing units 3,038
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lutherville Timonium, MD

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lutherville Timonium $220 14,606 SF 8.80%
Timonium $268 33,316 SF 8.80%
Towson $158 9,607 SF 9.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Lutherville Timonium $231 11,072 SF
Towson $421 6,959 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Waverly $205 32,613 SF 9.62%
Baltimore $138 30,894 SF 9.62%
Brooklyn $82 4,950 SF 7.00%
Curtis Bay $82 4,950 SF 7.00%

Commercial Properties For Sale in Lutherville Timonium

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

606 Building

Towson, MD 21204

  • 45,300 SF Office Building
  • $225,000
For Sale

20 E Timonium Rd

Timonium, MD 21093

  • 33,316 SF Office Building
  • 8.80% Cap Rate
  • $6,400,000
For Sale

Towson Lofts

Towson, MD 21204

  • 0.26 AC Lot
  • 1 Commercial Lot
  • $6,500,000
For Sale

134 Cockeysville Rd

Cockeysville, MD 21030

  • 7,979 SF Industrial Building
  • $2,800,000
For Sale

300 Allegheny Ave

Towson, MD 21204

  • 3,027 SF Office Building
  • $895,000
For Sale

2412 York Road

Lutherville Timonium, MD 21093

  • 0.66 AC Lot
  • 1 Commercial Lot
  • $1,200,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Lutherville Timonium $243 13,068 SF
Timonium $192 33,316 SF
Ruxton $169 9,268 SF
Towson $210 11,059 SF

Regional Demographic Comparison

This comparison places Lutherville Timonium 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 Lutherville Timonium or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lutherville Timonium 37,786 15,132 48 $118,164 2 3,038 -1%
Lutherville 6,378 2,509 46 $133,215 3 383 -3%
Ruxton 24,277 8,984 33 $87,500 2 4,996 1%

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

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

Lutherville Timonium 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 Lutherville Timonium?

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

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

How does Lutherville Timonium compare to nearby commercial real estate markets?

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

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