Russellville, Alabama Commercial Real Estate 2 Listings

Russellville, Alabama: A Premier Destination for Commercial Real Estate

Introduction

Russellville, Alabama, nestled in the northwestern part of the state, offers a compelling proposition for commercial real estate investors and professionals. With a population of approximately 10,000, this city is a vibrant hub for industries such as manufacturing and agriculture, providing a stable foundation for CRE opportunities. Its strategic location in Franklin County, coupled with a burgeoning local economy, positions Russellville as a significant player in the commercial real estate landscape of Alabama.

Economic and Industry Overview

Russellville's economy is predominantly driven by the manufacturing and agricultural sectors. Key industries include automotive parts manufacturing, textile production, and food processing. These industries create a robust demand for various commercial property types, including industrial spaces and logistics facilities. Local economic development initiatives, such as the Franklin County Economic Development Authority, actively promote growth and investment in the region.

Strategic Location and Transportation Infrastructure

Russellville is strategically positioned with access to major transportation networks, enhancing its appeal for commercial real estate. The city is served by U.S. Highway 43 and U.S. Highway 24, providing seamless connectivity to regional markets. While there are no major airports within the city, the nearby Huntsville International Airport and Birmingham-Shuttlesworth International Airport offer extensive air travel options. Additionally, the Norfolk Southern Railway serves the area, facilitating efficient freight transport. For more information, visit the Alabama Department of Transportation.

Commercial Real Estate Inventory & Zoning

Russellville's commercial real estate landscape is diverse, featuring key submarkets such as the Central Business District and industrial corridors along U.S. Highway 43. The city's CRE offerings include industrial warehouses, retail centers, and office spaces. Recent zoning initiatives have introduced incentives for developers, particularly in designated Opportunity Zones. For zoning maps and parcel information, refer to the City of Russellville's Planning and Zoning Department.

Major Employers and Institutions

Russellville is home to several major employers, including Tiffin Motorhomes, Pilgrim's Pride, and Russellville Hospital. These organizations, along with local educational institutions, are significant drivers of commercial real estate demand. The presence of these employers ensures a steady demand for office and industrial spaces. Explore more on the Franklin County Chamber of Commerce.

Notable Commercial Developments & Projects

Significant commercial developments in Russellville include mixed-use projects and industrial parks, such as the Russellville Industrial Park. These developments are supported by public-private partnerships and are located in Opportunity Zones, offering lucrative investment opportunities. For detailed planning maps, visit the Franklin County Planning Department.

Building Permits, Planning, and Development Tools

For professionals looking to engage in development within Russellville, the following resources are invaluable:

These tools provide comprehensive guidance for navigating the city’s development landscape.

Market Data & Economic Reports

Access to reliable market data is essential for informed decision-making in CRE. Public data sets from census.gov and the city's open data portal provide insights into economic trends and demographic shifts. Brevitas utilizes AI-powered aggregation from these public data sources to deliver actionable insights. Explore our Brevitas-powered dashboards for detailed market analysis.

Why Use Brevitas for Russellville, Alabama CRE?

Brevitas offers a suite of advanced tools tailored for the commercial real estate sector in Russellville, Alabama. Our platform provides:

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

Unique features like auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers set Brevitas apart. Our exclusive listings and premium exposure ensure that your properties reach the right audience.