Lexington Park, Maryland: A Premier Destination for Commercial Real Estate

Introduction

Lexington Park, Maryland, is an emerging hub for commercial real estate (CRE) investments, characterized by its vibrant economy, strategic location, and robust industry clusters. As a key player in the aerospace and defense sectors, the city hosts significant demand for diverse commercial property types, including office, industrial, and retail spaces. With a population of approximately 11,000, Lexington Park offers unique opportunities for CRE professionals seeking to capitalize on its expanding economic landscape.

Economic and Industry Overview

Lexington Park's economy is anchored by the aerospace and defense industries, primarily driven by the presence of the Naval Air Station Patuxent River. This facility fuels demand for office spaces, research facilities, and industrial properties. In addition to defense, the city benefits from sectors like logistics and technology, which further contribute to its commercial real estate appeal. The St. Mary's County Department of Economic Development actively supports these industries through various initiatives and resources, promoting sustained CRE growth.

Strategic Location and Transportation Infrastructure

Lexington Park's strategic location offers significant logistical advantages. The city is accessible via major highways such as Route 235, providing seamless connectivity to other key markets. Additionally, its proximity to the Patuxent River enhances transportation and distribution capabilities. While the city does not host major airports or ports, its close access to regional hubs ensures efficient logistics operations for businesses. For more information, please visit the Maryland Department of Transportation.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Lexington Park comprises various submarkets, including the Central Business District (CBD) and industrial corridors. Key asset classes include:

• Industrial: Facilities supporting aerospace and defense operations.
• Office: Spaces for government contractors and tech firms.
• Retail: Serving both local and transient populations.

Recent zoning changes and incentives, such as tax credits in designated Opportunity Zones, provide additional prospects for developers. Detailed zoning maps and parcel viewers are available through the St. Mary's County Planning & Zoning.

Major Employers and Institutions

Lexington Park hosts major employers such as:

• Naval Air Station Patuxent River
• Boeing
• Lockheed Martin

These institutions drive substantial demand for commercial spaces. The city also benefits from educational and research facilities that foster innovation and economic development. For a comprehensive list of employers, visit the St. Mary's County Business Directory.

Notable Commercial Developments & Projects

Significant development projects in Lexington Park include mixed-use developments and innovation parks, designed to enhance the city's economic prospects. Public-private partnerships and Opportunity Zones offer additional avenues for investment. For detailed project plans, see the St. Mary's County Planning Commission.

Building Permits, Planning, and Development Tools

For those interested in development opportunities, the following resources are essential:

• St. Mary's County Building and Safety
• Development Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission

Market Data & Economic Reports

Lexington Park offers a wealth of public data sets and reports, available through census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Explore our Brevitas Lexington Park Dashboard for more information.

Why Use Brevitas for Lexington Park, Maryland CRE?

Brevitas stands as the leading platform for CRE in Lexington Park, offering:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Our platform features auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Access exclusive listings and premium exposure with Brevitas, your trusted partner in Lexington Park CRE.