Commercial Real Estate Market in Lexington Park, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
29 active listings and 433 off-market properties in Lexington Park, MD. Commercial property asks $171/SF to buy (based on 9 listings) and $20.21/SF/Yr to lease (based on 5 listings).
Market Trends
Lexington Park, MD spans 33.2 square miles in St. Mary's County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lexington Park, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Lexington Park, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Lexington Park, 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 Lexington Park, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Lexington Park, MD has 25,180 residents in 11,696 households. Density runs 759 people per square mile. Median household income here is $97,923 and median gross rent $1,579 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Lexington Park?
How much does it cost to lease commercial space in Lexington Park?
Where does Realmo's Lexington Park market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 9 active for-lease listings in Lexington Park, MD. The medians are based on 9 of the for-sale and 5 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.
- 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
