Wood River, Illinois Commercial Real Estate 4 Listings
Wood River, Illinois: A Premier Destination for Commercial Real Estate
Introduction
Wood River, Illinois, offers a dynamic landscape for commercial real estate (CRE) investors and professionals. Situated in the Greater St. Louis metropolitan area, this city is strategically positioned for robust economic activities, benefiting from its historical ties to the industrial sector. With a population of approximately 10,000, Wood River's economy is driven by key industries such as manufacturing, logistics, and energy, making it an attractive hub for diverse commercial property types including industrial, office, and retail spaces.
Economic and Industry Overview
Wood River's economy is anchored by industries such as petrochemicals, manufacturing, and logistics, which create substantial demand for industrial and office properties. The presence of the Wood River Refinery, one of the largest refineries in the region, underscores the city’s industrial clout. Regional economic development initiatives, such as those by Riverbend Growth Association, aim to further bolster the area’s economic base, supporting CRE expansion.
Strategic Location and Transportation Infrastructure
Wood River enjoys strategic access to major transportation networks, enhancing its logistical appeal: - Highways: Proximity to Interstate 255 and U.S. Route 67 facilitates seamless connectivity to regional markets. - Rail Lines: Served by Union Pacific and Norfolk Southern, the city is well-placed for freight transportation. - Airports: Access to St. Louis Lambert International Airport provides global connectivity within a short drive. - Ports: Located near the Mississippi River, Wood River benefits from river port access for efficient cargo movement.
For more on transportation infrastructure, visit the Illinois Department of Transportation.
Commercial Real Estate Inventory & Zoning
Wood River features several key CRE submarkets: - Industrial Corridors: Predominantly located near the refinery and rail lines, these areas are ideal for distribution and manufacturing. - Retail and Office Spaces: Concentrated along major thoroughfares such as Wesley Drive, offering diverse opportunities for businesses.
The city has implemented zoning incentives to encourage development in these areas. Access Wood River's Zoning Maps for detailed information.
Major Employers and Institutions
Significant entities driving CRE demand in Wood River include: - Wood River Refinery: A major employer, vital to the local economy. - Alton Memorial Hospital: A key healthcare provider, supporting medical office space demand. - Lewis and Clark Community College: Enhances educational and workforce development, supporting office and research facilities.
Explore the City of Wood River Business Directory for more details.
Notable Commercial Developments & Projects
Recent developments in Wood River include: - Mixed-Use Developments: Projects that blend retail, residential, and office spaces are emerging, driven by public-private partnerships. - Opportunity Zones: Certain areas in Wood River offer tax incentives to spur economic growth and property development.
For planning details, visit the Wood River Planning Department.
Building Permits, Planning, and Development Tools
Access essential resources for development in Wood River: - Building and Safety Department - Permitting Portal - Parcel Map Viewer / GIS - Planning Commission - Development Code
Market Data & Economic Reports
Utilize publicly available datasets to inform CRE decisions: - Census Data for Wood River - City's Open Data Portal
Brevitas leverages AI-powered aggregation from these sources to offer comprehensive insights. Explore Brevitas-powered dashboards for Wood River CRE data.
Why Use Brevitas for Wood River, Illinois CRE?
Brevitas stands out as the premier platform for CRE in Wood River, offering: - AI-driven CRE Discovery: Advanced search capabilities tailored to investor needs. - Real-Time Market Alerts: Stay informed with instant updates on market shifts. - Smart Property Pages and Dealroom Collaboration: Streamline transactions with cutting-edge tools. - Exclusive Listings and Premium Exposure: Gain access to unique properties and market your listings effectively.
Enhance your CRE strategy with Brevitas’ automated listing pages, integrated email tools, and collaboration with top brokers and developers. Experience the Brevitas advantage in Wood River, Illinois, today.
1300 E Edwardsville Road, Wood River, IL, 62095
855 E Ferguson Avenue, Wood River, IL, 62095
