Commercial Real Estate Market in Greenbelt, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
64 active listings and 514 off-market properties in Greenbelt, MD. Commercial property asks $193/SF to buy and $24.77/SF/Yr to lease (based on 4 listings).
Market Trends
Greenbelt, MD spans 8.7 square miles in Prince George's County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Greenbelt, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Greenbelt, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Greenbelt, MD runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Greenbelt, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 47.3%
- Residential 34.7%
- Mixed use 18%
Largest Zones share of zoned land by district
The purposes of the Reserved Open Space (ROS) Zone are to encourage the preservation of large areas of agriculture, trees, and open spaces, to ensure the retention of certain areas for no intensive, active, or passive recreation uses.
Market overview
Demographics & Economy
Greenbelt, MD has 28,615 residents in 12,737 households. Density runs 3,306 people per square mile. Median household income here is $84,125 and median gross rent $1,823 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Beltsville | $179 | $14.00 |
| College Park | $244 | $19.51 |
Commercial property in Greenbelt, MD asks $193/SF. The 2 bordering markets run from $179/SF in Beltsville to $244/SF in College Park, and the city sits below their $211/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Greenbelt?
How much does it cost to lease commercial space in Greenbelt?
How does Greenbelt compare to nearby markets on price?
Where does Realmo's Greenbelt market data come from?
Methodology & data sources
- Asking prices and medians
- There are 45 active for-sale and 19 active for-lease listings in Greenbelt, MD. The medians are based on 30 of the for-sale and 4 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 3,278 zoned acres across 13 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
