Pocatello, Idaho: A Premier Destination for Commercial Real Estate

Introduction

Pocatello, Idaho, is an emerging hub for commercial real estate (CRE) investors, renowned for its strategic location and dynamic economy. As a city with a population of over 56,000, Pocatello is characterized by its robust industrial base, burgeoning tech sector, and significant educational institutions. The city's unique positioning in the CRE market is bolstered by its proximity to transportation networks and a business-friendly environment, making it a sought-after destination for various asset classes.

Economic and Industry Overview

Pocatello's economy is driven by diverse industries, including manufacturing, technology, and logistics. The presence of prominent industry clusters such as the Idaho State University Research Park and the Pocatello Regional Airport has spurred demand for office and industrial spaces. The Idaho Department of Commerce supports several economic development initiatives aimed at enhancing the city's commercial appeal, further strengthening the demand for CRE properties.

Strategic Location and Transportation Infrastructure

Pocatello benefits from a strategic location with access to major transportation routes. The city is intersected by Interstate 15 and Interstate 86, offering seamless connectivity to regional markets. The Pocatello Regional Airport provides air cargo services and passenger flights, enhancing the city's logistical capabilities. Additionally, the Union Pacific Railroad's presence underscores Pocatello's role as a critical transportation hub, providing significant advantages for distribution and access to labor pools.

Commercial Real Estate Inventory & Zoning

Pocatello's CRE landscape is marked by diverse submarkets, including the Central Business District (CBD) and the Northgate District. The city's zoning framework supports various asset classes, such as industrial, retail, and office spaces. Recent zoning changes and incentives aim to attract developers, particularly in innovation districts. For more detailed zoning information, visit the City of Pocatello Zoning Map.

Major Employers and Institutions

Key employers in Pocatello include ON Semiconductor, Portneuf Medical Center, and Idaho State University. These institutions drive demand for commercial spaces, with the university significantly influencing the office and research facility markets. Comprehensive business directories can be found on the Bannock Development Corporation's website.

Notable Commercial Developments & Projects

Pocatello is home to several large-scale developments, such as the Northgate Project, a mixed-use development featuring residential, commercial, and retail spaces. The city's designation as an Opportunity Zone further attracts investments, promoting public-private partnerships. Detailed information on ongoing projects can be accessed through the Pocatello Planning & Development Services.

Building Permits, Planning, and Development Tools

For developers and investors, Pocatello offers a range of resources:

• City of Pocatello Building Department
• Permitting Portal
• Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Pocatello's economic landscape can be explored through public datasets, such as those available on census.gov and the city's open data portal. Brevitas utilizes AI-powered aggregation from public data and internal insights to offer comprehensive market dashboards specific to Pocatello. Discover more through Brevitas.

Why Use Brevitas for Pocatello, Idaho CRE?

Brevitas stands out as an AI-driven CRE marketplace, providing:

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

Our platform integrates seamlessly with brokers and developers, offering exclusive listings and premium exposure. Explore our unique tools, such as email and landing page capabilities, to enhance your CRE investments in Pocatello, Idaho.

By leveraging Brevitas, commercial real estate professionals can navigate Pocatello's dynamic market with ease and precision.