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dizposition

Sell your commercial property in Maryland

We buy commercial real estate across Maryland directly, as-is, for cash.

Maryland at a glance

Population
6.3M
Job growth
-0.2%
Transfer tax
0.5% state + county
Eff. property tax
0.92%

Data current as of

Market conditions

The Maryland market right now

Our read

Maryland has about 6.3 million residents and is growing 0.3% a year. Over the latest year it lost a net 12,127 residents to other states, and median household income is $102,905, among the highest of any state.

Maryland is a wealthy state that sends more residents elsewhere than it receives, so commercial demand rests on federal and institutional anchors rather than new residents. Baltimore's industrial market runs on the port and its healthcare on Johns Hopkins; Suburban Maryland, in Montgomery and Prince George's, holds federal agencies and the biotech corridor; the Eastern Shore is poultry and agriculture; Western Maryland, around Hagerstown, is distribution at an interstate junction.

The closing bill depends on the county, because Maryland stacks a state transfer tax on county transfer and recordation taxes. Revaluation runs on a three-year cycle, and a sale does not trigger an off-cycle reassessment.

Valuation

What your Maryland property is worth

How we price it

What a commercial property is worth in Maryland comes down to the income it produces, how durable that income is, and what it costs to hold and transfer the asset here. We underwrite all three rather than applying a statewide cap rate to a number you send us.

Income durability is where most valuations go wrong. A tenant with three years remaining in Baltimore is a different risk from the same tenant in Western Maryland, and remaining lease term alone does not capture it. We look at what the space actually re-leases for and how long it sits empty first.

Holding and transfer cost is the other half, and it comes directly out of your proceeds. Transfer tax, property tax treatment, and closing convention vary more between states than most sellers expect. The Maryland figures, with the statutes behind them, are set out in the tax and legal section below.

Capital markets today

10-yr Treasury
5.24%
4.12% a year ago
SOFR
3.87%
4.2% a year ago
30-yr mortgage
7.28%
6.3% a year ago
CRE loan delinquency
1.53%
1.57% a year ago
CRE prices, YoY
6.58%
-2.7% a year ago

Sources: FRED DGS10, 2026-10-01 · FRED SOFR, 2026-10-01 · FRED MORTGAGE30US, 2026-10-01 · FRED DRCRELEXFACBS, 2026-04-01 · FRED COMREPUSQ159N, 2026-01-01

Maryland tax & legal

Maryland stacks a 0.5% state transfer tax on top of county transfer and recordation taxes, so the county your property sits in drives the closing bill.

Transfer tax
0.5% state + county
Property tax (eff.)
0.92%
1031 conformity
Yes
Closing
Attorney or title

Maryland property tax vs. the 50 states

  • Maryland
  • Other states
  • Median state
  • Effective property tax rate

    0.29%1.88%

    0.92%

    21st highest of 50

Effective rates as cited on each state's page; every state's sources include Tax Foundation.

View all states as a table
StateEffective property tax rate
Arizona0.48%
Texas1.40%
Florida0.78%
Alabama0.37%
Alaska0.94%
Arkansas0.56%
California0.70%
Colorado0.50%
Connecticut1.54%
Delaware0.54%
Georgia0.79%
Hawaii0.29%
Idaho0.50%
Illinois1.88%
Indiana0.76%
Iowa1.33%
Kansas1.21%
Kentucky0.74%
Louisiana0.55%
Maine0.98%
Maryland0.92%
Massachusetts1.00%
Michigan1.19%
Minnesota1.00%
Mississippi0.58%
Missouri0.89%
Montana0.61%
Nebraska1.44%
Nevada0.50%
New Hampshire1.50%
New Jersey1.88%
New Mexico0.63%
New York1.30%
North Carolina0.66%
North Dakota0.92%
Ohio1.36%
Oklahoma0.79%
Oregon0.81%
Pennsylvania1.26%
Rhode Island1.12%
South Carolina0.49%
South Dakota1.00%
Tennessee0.52%
Utah0.48%
Vermont1.51%
Virginia0.78%
Washington0.75%
West Virginia0.51%
Wisconsin1.32%
Wyoming0.53%

Statutes

  • Md. Code, Tax-Prop. § 13-203
  • Md. Code, Tax-Prop. § 12-103
  • Md. Code, Tax-Prop. § 8-104
  • Md. Code, Tax-Gen. § 10-912
  • Md. Code, Real Prop. § 14-104

Maryland is one of the more expensive states to transfer commercial real estate in, and most of the variation is local.

The state transfer tax is 0.5% of the consideration under Tax-Property § 13-203. On top of that, each county levies its own transfer tax, and each county sets its own recordation tax under § 12-103, charged per $500 of consideration. By statute these are shared equally between buyer and seller unless your contract says otherwise. On a $4M sale, the state piece alone is $20,000 before the county taxes are added.

On assessment, Maryland revalues every property once in each three-year cycle under § 8-104. A sale is not one of the listed triggers for an off-cycle revaluation, so your buyer inherits the current cycle's assessment until the next scheduled review.

Maryland follows federal 1031 treatment, but nonresident sellers face withholding at closing under Tax-General § 10-912: 8.75% for nonresident individuals and 8.25% for nonresident entities on sales after June 30, 2025. Sellers at $1.5M or more can no longer apply for a tentative refund and recover any excess on their annual return instead.

What this means

If you're selling in Maryland

  1. Transfer tax of 0.5% state + county

    Budget this as a closing cost from day one. It is charged on the sale price, not on your gain, so it applies whether or not the sale is profitable.

  2. Either attorney or title may close

    Maryland permits both. Title tends to be faster and cheaper; an attorney is worth it if the deal has unusual structure or a contested title.

  3. 1031 exchange defers state tax too

    Maryland conforms to federal like-kind exchange treatment, so a properly structured 1031 defers both. You must have a qualified intermediary in place before closing — it cannot be arranged afterward.

  4. How the sale affects assessed value

    No. Maryland revalues property once every three years, and a sale is not one of the statutory triggers for an off-cycle revaluation.

Demand drivers

The Maryland economy

Population

6.3M

Pop. growth

+0.3%

Job growth

-0.2%

Unemployment

4.1%

Net domestic migration

-12,127

Housing permits YTD

9,442

Permits vs last year

+0%

Median household income

$103K

How Maryland compares

  • Maryland
  • Other states
  • Median state
  • Job growth, year over year

    -0.9%+1.6%

    -0.2%

    8th lowest of 50

  • Population growth

    -0.3%+1.5%

    +0.3%

    17th lowest of 50

  • Unemployment rate

    2.0%5.1%

    4.1%

    21st highest of 50

  • Median household income

    $59K$105K

    $103K

    3rd highest of 50

View all states as a table
StateJob growth, year over yearPopulation growthUnemployment rateMedian household income
Arizona+0.6%+0.9%4.9%$81K
Texas+1.1%+1.3%4.4%$80K
Florida+0.6%+0.8%4.5%$78K
Alabama+1.1%+0.6%3.4%$67K
Alaska+1.3%+0.1%4.3%$96K
Arkansas+0.6%+0.6%3.9%$62K
California+0.8%-0.0%5.1%$100K
Colorado+0.2%+0.4%4.0%$97K
Connecticut+0.9%+0.4%5.1%$96K
Delaware+0.1%+0.9%4.7%$88K
Georgia-0.1%+0.9%3.2%$80K
Hawaii+0.2%-0.1%2.7%$101K
Idaho+0.9%+1.4%3.6%$81K
Illinois+0.2%+0.1%4.7%$83K
Indiana-0.5%+0.6%3.3%$72K
Iowa+0.0%+0.3%3.2%$76K
Kansas+0.5%+0.4%3.8%$76K
Kentucky-0.1%+0.5%4.7%$65K
Louisiana+1.6%+0.1%4.2%$61K
Maine-0.1%+0.5%3.2%$76K
Maryland-0.2%+0.3%4.1%$103K
Massachusetts+0.2%+0.2%4.3%$105K
Michigan+0.2%+0.3%5.0%$72K
Minnesota+1.4%+0.6%4.4%$87K
Mississippi+0.4%+0.1%3.4%$59K
Missouri+1.1%+0.4%3.5%$72K
Montana-0.9%+0.6%3.2%$75K
Nebraska+0.2%+0.6%2.9%$76K
Nevada+1.3%+0.9%4.8%$81K
New Hampshire+0.2%+0.5%2.8%$100K
New Jersey-0.2%+0.4%4.3%$104K
New Mexico+1.6%-0.1%4.7%$68K
New York-0.0%+0.0%4.3%$86K
North Carolina+1.3%+1.3%3.5%$74K
North Dakota+0.5%+0.8%2.2%$78K
Ohio+0.2%+0.3%3.3%$72K
Oklahoma+0.7%+0.6%4.3%$66K
Oregon-0.8%+0.2%5.1%$85K
Pennsylvania+0.6%+0.1%3.7%$78K
Rhode Island+0.1%+0.4%3.7%$84K
South Carolina+1.6%+1.5%4.1%$72K
South Dakota+0.2%+0.9%2.0%$77K
Tennessee+0.5%+0.9%3.4%$72K
Utah+1.0%+1.0%3.5%$97K
Vermont-0.3%-0.3%2.6%$83K
Virginia-0.9%+0.7%3.6%$92K
Washington+0.4%+0.9%4.9%$99K
West Virginia-0.3%-0.1%4.0%$61K
Wisconsin+0.6%+0.3%3.2%$77K
Wyoming+0.8%+0.3%3.0%$76K

Maryland's economy leans on federal government and contracting, biotechnology and life sciences, port and logistics, healthcare and research, and cybersecurity. Federal spending is the common thread, which ties much of the state's office and lab demand to budget decisions made outside the state.

Over the past year the state lost jobs at 0.2% over the past year, unemployment is 4.1%, and residential permits are level with last year. Softening payrolls and unchanged homebuilding make this a market where we underwrite federal-adjacent tenants carefully and give more weight to port and healthcare demand, which do not depend on the same budget.

Baltimore is where most of our Maryland calls come from. The Port of Baltimore drives its industrial demand and Johns Hopkins anchors its healthcare.

Industries driving demand

  • Federal government & contracting

  • Biotechnology & life sciences

  • Port & logistics

  • Healthcare & research

Sources: U.S. Census Bureau, American Community Survey 1-Year Estimates, 2024 · U.S. Census Bureau, Population Estimates Program, Vintage 2025 · U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, August 2026 · U.S. Bureau of Labor Statistics, Current Employment Statistics (total nonfarm, YoY), August 2026 · U.S. Census Bureau, Building Permits Survey (residential units, year to date), January–August 2026

Regions

Where Maryland volume happens

  1. 01

    Baltimore

    Port of Baltimore drives industrial; healthcare anchored by Johns Hopkins.

  2. 02

    Suburban Maryland

    Montgomery and Prince George's; federal agencies and biotech along I-270.

  3. 03

    Eastern Shore

    Poultry processing and agriculture.

  4. 04

    Western Maryland

    Hagerstown; distribution on I-70/I-81.

Property types

What we buy in Maryland

Process

How selling to Dizposition works

The full process
  1. Day 0

    01

    Send us the property

    Address, asset type, and the lease if there is one. That is enough for us to start.

  2. 02

    We underwrite it

    Our underwriting runs the income against current Maryland market pricing and the cost of capital. No lowball anchor.

  3. 10 minutes

    03

    You get a firm offer

    In 10 minutes, with the math shown. You will know exactly how we got there.

  4. As fast as 30 days

    04

    Close on your timeline

    As fast as 30 days, or as slow as you need. We are the principal, so the date is yours.

FAQ

Selling commercial property in Maryland

Where in Maryland do you buy commercial property?

Statewide. Our activity concentrates in Baltimore, Suburban Maryland, Eastern Shore and Western Maryland, but we buy across Maryland including secondary and rural markets that most institutional buyers skip.

What kinds of commercial property do you buy in Maryland?

Retail, industrial, healthcare, hospitality, land, and specialty assets. Maryland's economy leans toward federal government & contracting and biotechnology & life sciences, so we see a lot of federal government & contracting-adjacent property here. We also buy assets other people avoid — vacant, environmentally impaired, or with short lease term.

What are the closing costs to sell commercial property in Maryland?

Title and escrow fees, any transfer or recording tax the state levies, prorated property taxes, and payoff of existing debt. Because we are the buyer there is no commission. In Maryland, the transfer tax on a commercial sale is 0.5% state + county. The statute and the rest of the closing-cost detail are in the tax and legal section above.

Is there a transfer tax when you sell commercial property in Maryland?

The 0.5% state transfer tax is stacked with a county transfer tax and a county-set recordation tax, so the all-in rate depends on the county. By statute the recordation tax and the state and county transfer taxes are shared equally between buyer and seller unless the contract provides otherwise.

Does selling reset the property tax assessment in Maryland?

No. Maryland revalues property once every three years, and a sale is not one of the statutory triggers for an off-cycle revaluation. The effective property tax rate in Maryland is about 0.92%.

Does Maryland follow federal 1031 exchange rules?

Yes. Maryland conforms to Section 1031, so a properly structured exchange defers state income tax on the gain as well as federal. The 45-day identification and 180-day closing deadlines are federal and apply the same way.

Who handles a commercial real estate closing in Maryland?

In Maryland either an attorney or a title company can run the closing, depending on the county and the parties. We work with whichever you prefer.

Is demand for commercial property growing in Maryland?

Maryland's population is growing 0.3% a year and over the latest year it lost a net 12,127 residents to other states. Employers lost jobs at 0.2% over the past year, with unemployment at 4.1%, and residential permits are level with last year. Those are the inputs behind tenant demand; what they mean for your property depends on its submarket and lease, which is what we underwrite.

How long does it take to sell a commercial property to Dizposition?

You get a firm written offer within 10 minutes of sending us the property. If you accept, you can close in as little as 30 days — most of that is title work and your own timeline. There is no listing period, no marketing, and no waiting on a buyer's financing contingency.

Can I sell my property as-is?

Yes. We are the buyer, so there is no lender requiring repairs and no inspection contingency to renegotiate against you. Deferred maintenance, a failing roof, an aging tank system — we price it into the offer rather than asking you to fix it first.

Can I sell with a tenant in place?

Yes, and in most cases a tenant makes the property more valuable to us, not less. We will ask for the lease, a rent roll, and any estoppel certificates. You do not need to deliver the property vacant.

What if my lease is short-term or about to expire?

Short remaining term is one of the main reasons owners come to us. A conventional buyer needs lease term to get financing, which is why short-dated assets sit on the market. We underwrite the real estate and the backfill prospects rather than the remaining term alone.

What if the property is vacant?

We buy vacant assets. Pricing shifts from an income approach to what the building and land are worth to the next user, which is a different calculation — but it is one we do routinely rather than one that disqualifies the property.

Do I need a broker to sell to you?

No. We buy directly, and there is no commission because there is nothing to market. If you already have a broker, we will pay them. Selling without one saves the commission, but you should understand you are also giving up price discovery — a broker's job is to find out whether someone will pay more than we will.

What documents do I need to get an offer?

The address and the lease are enough to start. To finalize, we will want the rent roll, the last two years of operating statements, the title commitment, any existing survey, and any environmental reports you already have. You do not need an appraisal or a broker package.

How do you determine your offer?

We underwrite in-place income against what the space would re-lease for, adjust for capital needs and any environmental tail, and apply a cap rate supported by comparable transactions. We show you the inputs. If you disagree with an assumption, we would rather argue about the assumption than about the number.

What are typical seller closing costs?

Title and escrow fees, any transfer or recording tax owed in your state, prorated property taxes, and payoff of any existing debt. Because we are the buyer, there is no commission and no marketing cost. Transfer tax varies significantly by state and is often the largest single line.

Will I owe capital gains tax when I sell?

Usually yes, on the gain above your adjusted basis, and depreciation recapture is taxed separately from appreciation. State treatment varies. This is a question for your CPA before you sign, not after — the structure of the sale can change the answer.

Can I do a 1031 exchange?

Yes. A 1031 exchange lets you defer federal capital gains by reinvesting in like-kind property, subject to a 45-day identification window and a 180-day closing window from the date you sell. You must have a qualified intermediary in place before closing — it cannot be arranged afterward. Most states conform to federal treatment, but a few do not.

Can I sell if I am behind on payments or facing foreclosure?

Yes, and speed is the reason to move early rather than late. We can close on a defined date, which is what a lender or a receiver generally needs to see. Send us the payoff figure and any notices you have received.

Can I sell a property I inherited or that is in probate?

Yes. Probate sales take longer because the court timeline governs, not ours, and multiple heirs need to agree on the price before anything can close. We are used to working around both. Inherited property also generally receives a stepped-up basis, which can change the tax math substantially.

What if there is environmental contamination?

Send it anyway. Environmental history is one of the most common reasons a conventional sale falls apart, and it is one of the reasons owners call us. We price the remediation and the residual liability into the offer rather than walking away at the Phase II.

Is there any cost or obligation to get an offer?

None. There is no fee, no listing agreement, and no obligation to accept. If our number does not work for you, you keep the underwriting we showed you and we part ways.

10-minute offer

Ready to sell in Maryland?

Send us the address and the lease. You'll have a firm offer, with the math shown, in 10 minutes.