Severna Park, MD Commercial Real Estate for Lease and Sale

Explore 13 listings of Severna Park commercial real estate to find the best space for your business.

Ben Oaks Professional Building

821 W Benfield Rd, Severna Park, MD
Property

Office

2,912 SF
Availability

4 Spaces

5,000 SF
Year Built

1972
For Lease

$22.00 - $23.00/SF/YR
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Magothy Gateway

157 Ritchie Hwy, Severna Park, MD
Property

Retail

92,584 SF
Availability

1 Space

10,002 SF
Year Built

2016
For Lease Contact for pricing
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692 Ritchie Highway

692 Ritchie Highway , Severna Park, MD
Property

Office

13,000 SF
For Sale

$389,125
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Robinson Crossing

450 Ritchie Highway, Severna Park, MD
Property

Retail

115,862 SF
Availability

1 Space

22,023 SF
For Lease Contact for pricing
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Mercado Plaza

504 Baltimore Annapolis Blvd, Severna Park, MD
Property

Retail

9,200 SF
Availability

1 Space

2,000 SF
Year Built

1985
For Lease

$2,600.00/MO
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Earleigh Heights

160 Ritchie Hwy, Severna Park, MD
Property

Retail

17,809 SF
Availability

5 Spaces

10,200 SF
Year Built

1979
For Lease Contact for pricing
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Park Plaza

550 Ritchie Highway, Severna Park, MD
Property

Retail

183,294 SF
Availability

6 Spaces

17,156 SF
For Lease Contact for pricing
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650 Building

650 Ritchie Highway, Severna Park, MD
Property

Office

25,992 SF
Availability

3 Spaces

2,131 SF
Year Built

1975
For Lease

$23.00/SF/YR
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The Miller Building

820 Ritchie Hwy, Severna Park, MD
Property

Office

14,523 SF
Availability

1 Space

1,200 SF
Year Built

1968
For Lease

$17.00/SF/YR
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479 Jumpers Hole Road

479 Jumpers Hole Road, Severna Park, MD
Property

Office

39,750 SF
Availability

2 Spaces

2,845 SF
Year Built

1985
For Lease

$23.00/SF/YR
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363-365 Ritchie Highway

363-365 Ritchie Highway, Severna Park, MD
Property

VacantLand

1.94 Acre
For Sale

$2,000,000
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156 Ritchie Hwy

156 Ritchie Hwy, Severna Park, MD
Property

Office

2,146 SF
Availability

1 Space

2,146 SF
Year Built

1973
For Lease

$22.00/SF/YR
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Howard Bank Square

342 Ritchie Hwy, Severna Park, MD
Property

Retail

20,040 SF
Availability

3 Spaces

4,666 SF
Year Built

1979
For Lease

$26.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Severna Park commercial real estate market incorporates 83,800 square feet of office space across 6 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Severna Park commercial real estate market includes 438,789 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Severna Park incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Severna Park is represented by Retail space, which accounts for 66,047 square feet of available listings. Office space available in Severna Park adds up to 12,122 square feet.

Meanwhile, most of the listings of commercial property for sale in Severna Park are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Severna Park is $23.65 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Severna Park can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Severna Park, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $26.5 per square foot. In particular, the property type commanding the highest lease rates in Severna Park was Office space.

The average size of a commercial property in Severna Park depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Severna Park, the average size of an office property is 16,760 square feet.
Retail properties here incorporate an average of 73,132 square feet.

Severna Park, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Severna Park currently add up to 73,503 square feet. The market offers 5 active office listing(s), which amount to 12,122 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 61,381 square feet across 5 retail space(s).

Property Type	Count of Listings	Total SF
Office	5	12,122
Retail	5	61,381

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Severna Park, MD. Currently, there is 13,002 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	13,000
Other	1	2

Severna Park, MD Commercial Real Estate for Lease and Sale

Ben Oaks Professional Building

Magothy Gateway

692 Ritchie Highway

Robinson Crossing

Mercado Plaza

Earleigh Heights

Park Plaza

650 Building

The Miller Building

479 Jumpers Hole Road

363-365 Ritchie Highway

156 Ritchie Hwy

Howard Bank Square

Frequently Asked Questions

Severna Park, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Severna Park, MD Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Severna Park, MD?

What factors affect the price of commercial real estate in Severna Park, MD?

What is the average rent for commercial space in Severna Park, MD?

What are the best areas for commercial real estate in Severna Park, MD?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Severna Park, MD?

Severna Park, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us