Arco, Idaho Commercial Real Estate 1 Listing

Arco, Idaho: A Premier Destination for Commercial Real Estate

Introduction

Arco, Idaho, though a small city, is an emerging hub for commercial real estate (CRE) within Butte County. With its unique positioning as an access point to the renowned Craters of the Moon National Monument and a growing focus on renewable energy and technology, Arco offers a distinct advantage for CRE investors. The city's economy is driven by its close-knit community and a focus on sustainable development, presenting unique opportunities in sectors like tourism, energy, and technology.

Economic and Industry Overview

Arco's economy is largely supported by the energy sector, with a particular emphasis on nuclear research and renewable energy initiatives. The Idaho National Laboratory (INL), located nearby, is a significant driver of economic activity, leading to a demand for office and research facilities. Additionally, the burgeoning tourism sector due to natural attractions supports growth in retail and hospitality spaces.

Regional development initiatives, such as those from the Idaho Department of Commerce, aim to bolster these industries, fostering an environment conducive to commercial real estate growth.

Strategic Location and Transportation Infrastructure

While Arco does not feature major highways or airports within its immediate vicinity, its strategic location provides access to larger markets. U.S. Route 20/26 connects the city to Idaho Falls and Boise, facilitating logistical operations. The proximity to Idaho Falls Regional Airport, approximately 66 miles away, adds another layer of connectivity for business travelers and logistics. For more information, visit the Idaho Transportation Department.

Commercial Real Estate Inventory & Zoning

Arco's CRE landscape is diverse, with key areas including the central business district and emerging industrial corridors. Asset classes such as industrial, retail, and office spaces are prominent. While zoning changes are infrequent, there are incentives for sustainable development projects. For zoning maps and detailed parcel information, check the City of Arco Zoning Maps.

Major Employers and Institutions

The Idaho National Laboratory stands as the largest employer in the region, significantly influencing the demand for commercial spaces. Other notable institutions include local government offices and educational centers. The Butte County Economic Development site provides further insights into local business ecosystems.

Notable Commercial Developments & Projects

Arco has seen interest in mixed-use developments, particularly those leveraging its proximity to natural attractions. Opportunity Zones designated in the area present tax incentives for investors. For ongoing projects, refer to the Arco Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development, the following resources are essential:

Market Data & Economic Reports

Public data sets such as those from Census.gov provide demographic and economic insights. Brevitas offers AI-powered aggregation of such data, alongside internal insights, to present a comprehensive view of the Arco CRE market. For Brevitas-powered dashboards, visit Brevitas City Search.