35674, Alabama Commercial Real Estate 0 Listings

35674, Alabama: A Premier Destination for Commercial Real Estate

Introduction

Located in Colbert County, Alabama, the city within the 35674 ZIP code is a burgeoning hub for commercial real estate (CRE) investment. With a diverse economy anchored by manufacturing, healthcare, and retail industries, this city attracts a range of CRE investors. Its strategic location in the Muscle Shoals region, known for its rich industrial history and ongoing economic development initiatives, makes it an ideal destination for commercial property ventures.

Economic and Industry Overview

The economic landscape of 35674, Alabama, is driven by several key industries:

Manufacturing: The area's manufacturing sector includes automotive suppliers, metal fabrication, and textiles, supporting significant demand for industrial and warehouse spaces.
Healthcare: With several healthcare facilities and a growing medical sector, the demand for medical office buildings and related infrastructure is on the rise.
Retail and Services: A robust retail environment, supported by local and regional shoppers, creates opportunities in retail spaces and shopping centers.

Regional economic development agencies such as the Shoals Economic Development Authority are actively working to attract new businesses and support existing industries, providing a fertile ground for CRE growth.

Strategic Location and Transportation Infrastructure

35674, Alabama, boasts a strategic location with accessible transportation infrastructure:

Highways: Major highways like U.S. Route 72 and U.S. Route 43 provide critical linkages for freight and commuter traffic.
Airports: The nearby Northwest Alabama Regional Airport offers passenger and freight services, facilitating business travel and logistics.
Rail: Rail lines operated by Norfolk Southern and CSX enhance the region's distribution capabilities.

These transportation assets make the city an attractive location for distribution centers and industrial developments. For more detailed information, visit the Alabama Department of Transportation.

Commercial Real Estate Inventory & Zoning

The city's CRE market is characterized by distinct submarkets:

Central Business District (CBD): Offers a mix of office spaces, retail, and mixed-use developments.
Industrial Corridors: Located near major transportation routes, these areas are zoned for manufacturing and logistics operations.
Innovation Districts: Emerging zones focused on tech and research enterprises.

Recent zoning changes and incentives, such as tax abatements and expedited permitting processes, are available for developers. Explore the city's zoning maps and parcel viewers for more information.

Major Employers and Institutions

Key employers and institutions driving CRE demand include:

Helen Keller Hospital: A major healthcare provider in the region.
Nucor Steel Decatur: A significant player in the manufacturing sector.
University of North Alabama: Contributing to educational and research-based CRE needs.

For additional details, visit the Colbert County Economic Development website.

Notable Commercial Developments & Projects

Recent developments in the area include:

Mixed-Use Projects: New developments combining residential, retail, and office spaces.
Opportunity Zones: Designated areas offering tax incentives for investors.

For planning documents and site maps, visit the City Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are essential:

Market Data & Economic Reports

Access public datasets and reports for detailed market insights:

Brevitas utilizes AI-powered tools to aggregate these insights, offering comprehensive dashboards and analytics tailored for the 35674, Alabama CRE market.