Booneville, Arkansas Commercial Real Estate 1 Listing

Booneville, Arkansas: A Premier Destination for Commercial Real Estate

Introduction

Booneville, Arkansas, offers a unique commercial real estate (CRE) landscape, characterized by its small-town charm and strategic economic positioning. As a city of approximately 3,500 residents, Booneville is nestled in Logan County and serves as a vital hub for the surrounding rural areas. The city's economy thrives on agriculture, manufacturing, and healthcare, creating a robust demand for various commercial property types, including industrial, office, and retail spaces. Booneville's strategic location in the Arkansas River Valley enhances its value proposition for commercial real estate professionals.

Economic and Industry Overview

Booneville hosts a diverse range of industries that fuel the demand for commercial real estate. The city's economy is largely driven by:

Agriculture: As part of the Arkansas River Valley, Booneville benefits from fertile lands that support a thriving agricultural sector, demanding logistics and warehousing solutions.
Manufacturing: Local manufacturing facilities contribute significantly to the economy, driving demand for industrial properties.
Healthcare: The healthcare sector, anchored by the Booneville Community Hospital, requires both office space and medical facilities.

The Arkansas Economic Development Commission actively supports initiatives to bolster these industries, providing incentives and resources for business growth.

Strategic Location and Transportation Infrastructure

Booneville's strategic location offers several logistical advantages:

Highways: Proximity to major highways like U.S. Route 71 facilitates seamless transportation and distribution.
Railroads: The presence of local rail lines enhances Booneville's connectivity for freight transport.
Airports: The Fort Smith Regional Airport, located about 40 miles away, provides access to national air travel and cargo services.

These infrastructure elements position Booneville as a pivotal point for distribution, linking it to larger labor pools and markets. For more information, visit the Arkansas Department of Transportation.

Commercial Real Estate Inventory & Zoning

Booneville's commercial real estate market is segmented into key submarkets:

Central Business District (CBD): Featuring retail and office spaces catering to local businesses and services.
Industrial Corridors: Home to manufacturing and warehousing facilities.
Healthcare Districts: Includes medical offices and healthcare facilities.

The city offers various zoning incentives to attract developers, with detailed zoning maps available through the City of Booneville's official website.

Major Employers and Institutions

Booneville's commercial real estate demand is driven by notable employers such as:

Booneville Community Hospital
Local Manufacturing Plants

These institutions not only provide employment but also stimulate demand for commercial spaces. For a comprehensive list of Booneville's businesses, visit the City Business Directory.

Notable Commercial Developments & Projects

Booneville has several key projects that enhance its commercial landscape:

Mixed-Use Developments: Integrating retail, residential, and office spaces.
Public-Private Partnerships: Collaborations that drive infrastructure and community development.

For more information on current projects, refer to the Booneville Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Booneville provides essential resources:

Market Data & Economic Reports

Booneville offers access to public datasets and reports, such as those from census.gov and the city's open data portal. Brevitas enhances these insights with AI-powered aggregation, offering a comprehensive view of Booneville's CRE market. Explore Brevitas-powered dashboards for detailed analytics.