Commercial Real Estate Market in Smithsburg, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
4 active listings and 118 off-market properties in Smithsburg, MD.
Market Trends
Smithsburg, MD spans 47.6 square miles in Washington County, Maryland. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Smithsburg, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Smithsburg, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Smithsburg, 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
Across Washington County, multifamily space asks $133/SF to buy. Multifamily vacancy in Smithsburg, 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
- Commercial 95.1%
- Residential 4.5%
- Industrial 0.4%
Largest Zones share of zoned land by district
Smithsburg, MD zones 745 acres across 6 districts. Commercial zoning covers 95.1% of zoned land, residential 4.5% and industrial 0.4%. The largest single district is Town Residential District at 87.1%. For commercial buyers the practical constraint is that only 95.5% of land carries a commercial or industrial designation.
The procedure for maintaining any change of the zoning district classification of land to GC General Commercial District or EC Employment Center District duly enacted and adopted as an amendment pursuant to this article, such change having been petitioned by persons other that the Mayor and Town Council or Planning Commission, shall be as follows: A. Within…
Market overview
Demographics & Economy
Smithsburg, MD has 9,306 residents in 3,952 households. Density runs 196 people per square mile. Median household income here is $96,055 and median gross rent $1,060 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Waynesboro | $107 | — |
| Hagerstown | $124 | $15.90 |
Commercial property in Smithsburg, MD asks $171/SF. The 2 bordering markets run from $107/SF in Waynesboro to $124/SF in Hagerstown, and the city sits above their $116/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Smithsburg?
How does Smithsburg compare to nearby markets on price?
What zoning applies to commercial property in Smithsburg?
Where does Realmo's Smithsburg market data come from?
Methodology & data sources
- Asking prices and medians
- There are 3 active for-sale and 1 active for-lease listings in Smithsburg, MD. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 745 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 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
