Severn, MD
Commercial Real Estate Market Trends & Data

$275 Avg asking sale price
$674 Avg asking lease rate
23,187 SF Avg unit lease size
49,690 SF Avg building size for sale
8.50% Average cap rate

Severn's Demographic Profile

Severn has 20,650 households and a median income of $118,463, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 56,756
# Households 20,650
Median age 39
Median household income $118,463
Avg household size 3.0
Renter-occupied housing units 6,300
5-year population change +3%

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

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Severn $213 27,740 SF 8.88%
Fort Meade $237 92,744 SF 8.88%
Odenton $401 17,874 SF 8.88%
Nearby Retail Markets Avg Cost/SF Typical Size
Fort Meade $238 3,340 SF
Hanover $506 6,579 SF
Jessup $865 2,284 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Glen Burnie $82 16,525 SF 7.00%
Halethorpe $173 1,732 SF 13.39%
Millersville $82 16,525 SF 7.00%
Brooklyn $127 3,341 SF 13.39%

Commercial Properties For Sale in Severn

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

Grocery Shadow Anchored Center

Odenton, MD

  • 8.88% Cap Rate
  • $22,000,000
For Sale

7651 Old Telegraph Rd

Severn, MD 21144

  • 19,800 SF Flex Building
  • $675,000
For Sale

Wright Road Land

Hanover, MD 21076

  • 3.20 AC Lot
  • 1 Commercial Lot
  • $2,950,000
For Sale

Building 4

Millersville, MD 21108

  • 36,847 SF Flex Building
  • $595,000
For Sale

2421 Peppermill Dr

Glen Burnie, MD 21061

  • 0.42 AC Lot
  • 1 Industrial Lot
  • $650,000
For Sale

7685 Quarterfield Road

Glen Burnie, MD 21061

  • 0.61 AC Lot
  • 1 Commercial Lot
  • $500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

The 3 Most Common Types of Commercial Leases
The 3 Most Common Types of Commercial Leases
Understanding Gross, Net, and Percentage Lease Structures and Their Impact on Your Business
Cash on Cash Return
Cash on Cash Return
Learn How Cash on Cash Return Can Optimize Your Real Estate Investments
Office Space Calculator
Office Space Calculator
Estimate How Much Space Your Team Really Needs
How to Buy a Church Building
How to Buy a Church Building
Learn the essential steps for evaluating, purchasing, and converting religious facilities into profitable investments
Balloon Payment Calculator
Balloon Payment Calculator
Use this calculator to estimate monthly payments, total interest, and the final lump-sum balloon payment for commercial real estate loans.
Types of Commercial Real Estate Investment Properties
Types of Commercial Real Estate Investment Properties
Understanding commercial properties and their investment potential
Raw Land vs. Unimproved Land
Raw Land vs. Unimproved Land
Learn the essential differences between raw and unimproved land to make informed commercial real estate decisions.
Starbucks Real Estate
Starbucks Real Estate
Top Starbucks Real Estate Listings: What Makes These Properties Prime Investments

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Severn $275 49,690 SF
Fort Meade $237 92,744 SF
Hanover $327 30,222 SF
Annapolis Junction $1,364 38,708 SF

Regional Demographic Comparison

This comparison places Severn 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 Severn or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Severn 56,756 20,650 39 $118,463 3 6,300 3%
Fort Meade 12,876 4,137 29 $106,094 3 3,208 6%
Hanover 64,832 23,305 37 $122,895 3 8,246 4%
Annapolis Junction 935 390 36 $118,133 2 242 3%

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

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

Severn 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 Severn?

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

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

How does Severn compare to nearby commercial real estate markets?

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

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

Nearby Cities
Commercial Market Reports