Commercial Real Estate Market in Laurel, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
104 active listings and 1,985 off-market properties in Laurel, MD. Commercial property asks $242/SF to buy and $24.00/SF/Yr to lease.
Market Trends
Laurel, MD spans 56.6 square miles in Prince George's County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Laurel, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Laurel, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Laurel, 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 Laurel, 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
- Residential 34.6%
- Planned_development 24.6%
- Commercial 15.4%
- Civic 12.4%
- Industrial 6.8%
- Mixed use 4.5%
Largest Zones share of zoned land by district
The purpose of R-55 zone is to provide for and encourage variation in the size, shape, and width of one family detached residential subdivision lots, in order to better utilize the natural terrain, to facilitate the planning of higher density one family residential developments with small lots and dwellings of various sizes and styles, to encourage the prese…
Market overview
Demographics & Economy
Laurel, MD has 120,050 residents in 46,549 households. Density runs 2,119 people per square mile. Median household income here is $107,768 and median gross rent $1,943 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Laurel?
How much does it cost to lease commercial space in Laurel?
Where does Realmo's Laurel market data come from?
Methodology & data sources
- Asking prices and medians
- There are 46 active for-sale and 58 active for-lease listings in Laurel, MD. The medians are based on 25 of the for-sale and 13 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: 2,564 zoned acres across 24 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
