Crossett, Arkansas: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the southeast corner of Arkansas, Crossett presents a compelling opportunity for commercial real estate (CRE) investors and professionals. With a population of approximately 5,000, Crossett is a key player in Arkansas's forestry and paper manufacturing industry. The city's strategic location, robust industrial base, and ongoing economic initiatives make it a noteworthy market for diverse CRE investments.

Economic and Industry Overview

Crossett's economy is primarily driven by the forestry and paper manufacturing sectors, with major players like Georgia-Pacific operating significant facilities in the area. This industrial strength fuels demand for industrial and office spaces, providing steady opportunities for CRE investors. The Arkansas Economic Development Commission supports local businesses through various incentives, fostering a conducive environment for growth.

Strategic Location and Transportation Infrastructure

Crossett's strategic location near the Louisiana border enhances its appeal for logistics and distribution. The city is accessible via U.S. Highway 82 and Highway 133, facilitating efficient transportation. Although Crossett lacks a commercial airport, it benefits from proximity to Monroe Regional Airport in Louisiana, just an hour's drive away. The Arkansas Department of Transportation provides further information on regional infrastructure.

Commercial Real Estate Inventory & Zoning

Crossett's CRE landscape is characterized by its industrial corridors and emerging commercial districts. Key asset classes include industrial, retail, and office spaces, with increasing interest in flex properties. The city's zoning maps and parcel viewers can be accessed through the City of Crossett's Planning Department.

Major Employers and Institutions

Georgia-Pacific stands as Crossett's largest employer, significantly impacting local CRE demand. The city's public school system and healthcare facilities also contribute to the demand for commercial spaces. The Crossett Economic Development Foundation provides additional insights into major employers and investment opportunities.

Notable Commercial Developments & Projects

Crossett is witnessing exciting developments, including the revitalization of its downtown area and several mixed-use projects. The presence of Opportunity Zones offers attractive incentives for developers. For more information on ongoing projects, visit the Crossett Planning Department.

Building Permits, Planning, and Development Tools

• City’s Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Public data sets are available through census.gov and the city's open data portal. Brevitas harnesses AI-powered aggregation of public data and internal insights to provide comprehensive market analyses. Explore Brevitas-powered dashboards for Crossett here.

Why Use Brevitas for Crossett, Arkansas CRE?

Brevitas offers a suite of AI-driven tools that streamline CRE discovery in Crossett. Features include:

• Auto-generated listing pages
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Integrate seamlessly with brokers and developers for exclusive listings and premium exposure. Explore Brevitas for your next investment in Crossett, Arkansas.