Commercial Real Estate Market in Cheverly, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 24 off-market properties in Cheverly, MD. Commercial property asks $113/SF to buy and $17.75/SF/Yr to lease.
Market Trends
Cheverly, MD spans 14.3 square miles in Prince George's County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cheverly, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Cheverly, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cheverly, MD runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Cheverly, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 67.8%
- Agricultural 12.3%
- Industrial 10.7%
- Mixed use 9.2%
Largest Zones share of zoned land by district
Residential Single Family 65 Zone
Reserved Open Space Zone
Industrial Employment Zone
Local Transit Oriented Zone
Commercial General And Office Zone
Cheverly, MD zones 651 acres across 6 districts. The largest single district is Residential Single Family 65 Zone at 65.2%. For commercial buyers the practical constraint is that only 10.7% of land carries a commercial or industrial designation.
Residential Single Family 65 Zone (RSF-65)
The purposes of the Residential, Single Family 65 (RSF-65) Zone are to provide for and encourage variation in the size, shape, and width of single family detached residential subdivision lots, in order to better utilize the natural terrain, to facilitate the planning of higher density single-family residential developments with small lots and dwellings of va…
Market overview
Demographics & Economy
Cheverly, MD has 74,203 residents in 26,975 households. Density runs 5,204 people per square mile. Median household income here is $84,089 and median gross rent $1,766 a month.
74,203
Population
26,975
Households
2.8
Avg Household Size
35
Median Age
27%
College-Educated
84%
High-School Grad
14.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$84,089
Median Household Income
$44,208
Median Earnings
$1,766
Median Rent
$350,608
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bladensburg | — | — |
| Edmonston | — | — |
| Landover Hills | — | — |
| Colmar Manor | — | — |
Commercial property in Cheverly, MD asks $113/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cheverly?
Commercial property in Cheverly, MD asks an average of $113 per square foot. The 4 most recent recorded sales traded at a median of $170/SF.
How much does it cost to lease commercial space in Cheverly?
Asking lease rates in Cheverly, MD average $17.75 per square foot per year.
What zoning applies to commercial property in Cheverly?
Cheverly, MD zones 651 acres across 6 districts, of which 0% is commercial and 10.7% industrial. The largest single district is Residential Single Family 65 Zone at 65.2% of zoned land. The purposes of the Residential, Single Family 65 (RSF-65) Zone are to provide for and encourage variation in the size, shape, and width of single family detached residential subdivision lots, in order to better utilize the natural terrain, to facilitate the planning of higher density single-family residential developments with small lots and dwellings of va… Residential zoning covers 67.8% and open space 0%.
Where does Realmo's Cheverly market data come from?
Realmo compiles Cheverly, MD figures from 6 recent recorded sales, 3 active sale listings, 2 active lease listings, 24 tracked off-market properties, the current Cheverly zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 2 active for-lease listings in Cheverly, MD. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 651 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
