Commercial Real Estate Market in Cumberland, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
114 active listings and 2,032 off-market properties in Cumberland, MD. Commercial property asks $102/SF to buy and $11.67/SF/Yr to lease.
Market Trends
Cumberland, MD spans 92.1 square miles in Allegany County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cumberland, 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 Cumberland, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Cumberland, 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 space in Cumberland, MD asks $75/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 46.8%
- Commercial 14.1%
- Civic 12.2%
- Mixed use 11%
- Open space 9.7%
- Industrial 6.3%
Largest Zones share of zoned land by district
Urban Residential
Residential Office
Estate Residential
Suburban Residential
Conservation
Cumberland, MD zones 6,575 acres across 12 districts. Commercial zoning covers 14.1% of zoned land, residential 46.8%, open space 9.7% and industrial 6.3%. The largest single district is Urban Residential at 36.3%. For commercial buyers the practical constraint is that only 20.4% of land carries a commercial or industrial designation.
Urban Residential (R-U)
R-U, R-O, G-C, and G-I districts. Through approval of a Floating Zone Application for a property within one of these districts, such uses may be allowed if in conformance with the performance standards in Section 6.14.04, except that the following uses shall not be allowed in the RR zone: (1) Heavy manufacturing. (2) Incinerators. (3) Bulk plants. (4) Bars a…
Market overview
Demographics & Economy
Cumberland, MD has 41,153 residents in 19,562 households. Density runs 447 people per square mile. Median household income here is $58,721 and median gross rent $771 a month.
41,153
Population
19,562
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
92.1 sq mi
ZIP Area
447
Density / Sq Mi
$58,721
Median Household Income
$39,507
Median Earnings
$771
Median Rent
$151,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ridgeley | — | — |
| Carpendale | — | — |
| Wiley Ford | — | — |
| Corriganville | — | — |
Commercial property in Cumberland, MD asks $102/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cumberland?
Commercial property in Cumberland, MD asks an average of $102 per square foot. The 7 most recent recorded sales traded at a median of $112/SF. Multifamily carries the highest asking price at $75/SF.
How much does it cost to lease commercial space in Cumberland?
Asking lease rates in Cumberland, MD average $11.67 per square foot per year.
What zoning applies to commercial property in Cumberland?
Cumberland, MD zones 6,575 acres across 12 districts, of which 14.1% is commercial and 6.3% industrial. The largest single district is Urban Residential at 36.3% of zoned land. R-U, R-O, G-C, and G-I districts. Through approval of a Floating Zone Application for a property within one of these districts, such uses may be allowed if in conformance with the performance standards in Section 6.14.04, except that the following uses shall not be allowed in the RR zone: (1) Heavy manufacturing. (2) Incinerators. (3) Bulk plants. (4) Bars a… Residential zoning covers 46.8% and open space 9.7%.
Where does Realmo's Cumberland market data come from?
Realmo compiles Cumberland, MD figures from 7 recent recorded sales, 100 active sale listings, 14 active lease listings, 2,032 tracked off-market properties, the current Cumberland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 100 active for-sale and 14 active for-lease listings in Cumberland, 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: 6,575 zoned acres across 12 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
