Centerville, Kansas Commercial Real Estate 1 Listing

Centerville, Kansas: A Premier Destination for Commercial Real Estate

Introduction

Centerville, Kansas, offers a compelling value proposition for commercial real estate (CRE) investors and professionals. With a robust local economy, a strategic central location, and growing industry clusters, Centerville is an attractive hub for a variety of commercial property types. This page provides a comprehensive overview of Centerville's CRE landscape, highlighting its economic strengths, strategic advantages, and significant development opportunities.

Economic and Industry Overview

Centerville's economy is driven by several key industries, including agriculture, manufacturing, and logistics. The city's proximity to major agricultural regions makes it a critical node in the supply chain, while its manufacturing sector benefits from skilled labor and competitive operational costs. Centerville's logistics and distribution capabilities are enhanced by its strategic location, which supports demand for industrial and flex spaces.

The Centerville Economic Development Council actively promotes regional growth through initiatives aimed at attracting new businesses and supporting existing ones, further boosting demand for commercial real estate.

Strategic Location and Transportation Infrastructure

Centerville's strategic location is underscored by its access to major transportation networks. The city is intersected by Interstate 70, providing direct routes to major urban centers. The Centerville Regional Airport facilitates air cargo operations, enhancing the city's logistics profile. Additionally, the Kansas City Southern Railway offers vital rail freight services, linking Centerville to national and international markets, thus offering strategic logistical advantages for distribution and access to labor pools.

Commercial Real Estate Inventory & Zoning

Centerville's commercial real estate landscape is diverse, with key submarkets including the Central Business District (CBD), industrial corridors, and innovation districts. The city offers a variety of asset classes, from industrial and retail to office and medical spaces. Recent zoning changes have introduced incentives for developers, particularly in Opportunity Zones, which are detailed in the Centerville Zoning Map.

Major Employers and Institutions

Centerville hosts several major employers that significantly impact local CRE demand, including:

AgriCorp: A leading agricultural services provider
Midwest Manufacturing Inc.: A major manufacturing employer
Centerville University: A prominent educational institution driving demand for office and multifamily spaces

For more details, visit the Centerville Business Directory.

Notable Commercial Developments & Projects

Recent large-scale projects in Centerville include the Centerville Innovation Park, a mixed-use development supporting tech startups and research. The project is a public-private partnership aimed at enhancing the city's economic landscape. For more information on current projects, visit the Centerville Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development opportunities, Centerville offers comprehensive resources:

Market Data & Economic Reports

Centerville's market data is accessible through various public datasets, such as Census.gov and the city's Open Data Portal. Brevitas aggregates these data sources to provide insights and invites users to explore our AI-powered dashboards for in-depth analysis of Centerville's CRE market.