Barbourville, Kentucky Commercial Real Estate 1 Listing

Barbourville, Kentucky: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the heart of southeastern Kentucky, Barbourville stands as a burgeoning hub for commercial real estate (CRE) opportunities. With a population of approximately 3,000, this city is characterized by its unique blend of small-town charm and strategic economic positioning. Barbourville's economy is predominantly driven by sectors such as education, healthcare, and manufacturing, creating a diverse demand for various commercial property types including office spaces, industrial facilities, and retail outlets. Its unique location provides a critical advantage for businesses seeking to capitalize on regional growth and development initiatives.

Economic and Industry Overview

Barbourville's economy is anchored by major industries such as education, with Union College being a significant employer and economic driver. The healthcare sector also plays a crucial role, supported by local medical facilities that contribute to the demand for office and medical real estate. Manufacturing and small-scale industries further diversify the economic landscape, creating a steady demand for industrial properties. Regional economic development agencies actively promote Barbourville as a viable location for business expansion, enhancing its appeal to investors and developers.

Strategic Location and Transportation Infrastructure

Barbourville benefits from its strategic location with access to major transportation networks. The city is conveniently connected by U.S. Route 25E, facilitating efficient transportation of goods and services. Although it does not have an airport of its own, Barbourville is within reasonable distance of the Blue Grass Airport in Lexington, providing broader connectivity. The proximity to these transportation hubs offers logistical advantages for distribution and access to labor pools. For more detailed information, visit the Kentucky Transportation Cabinet.

Commercial Real Estate Inventory & Zoning

Barbourville's CRE market is composed of several key submarkets, including downtown retail corridors and industrial zones on the city's outskirts. The city's zoning regulations accommodate a variety of asset classes such as industrial, retail, office, and medical spaces. Developers and investors can benefit from incentives offered through zoning changes and overlays designed to encourage development. For more information, view Barbourville's zoning maps and parcel viewers.

Major Employers and Institutions

Key employers in Barbourville include Union College, local government offices, and healthcare providers. These institutions not only drive demand for commercial real estate but also provide a stable economic foundation for the city. The presence of such employers enhances the appeal of office spaces and mixed-use developments. Additional information can be found on the Barbourville Economic Development website.

Notable Commercial Developments & Projects

Barbourville is witnessing several notable commercial developments that are shaping its economic landscape. These include mixed-use projects and public-private partnerships aimed at revitalizing key areas. The city is also home to designated Opportunity Zones, offering tax incentives for investors. Development maps and planning documents are accessible through the Barbourville Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Barbourville provides a range of resources to facilitate projects. Access the city's building and safety department for permitting portals and GIS tools. The planning commission offers guidance on development codes and regulations, available both in PDF and online formats.

Market Data & Economic Reports

Barbourville's commercial real estate market is supported by a wealth of public data sets, including those from census.gov and the city's open data portal. These resources provide valuable insights into market trends and economic impacts. Brevitas uses AI-powered aggregation of these public data sources along with internal insights to offer comprehensive market analysis. Explore Brevitas-powered dashboards for Barbourville to gain deeper insights.

Why Use Brevitas for Barbourville, Kentucky CRE?

Brevitas stands out as a leading platform for discovering CRE opportunities in Barbourville, Kentucky. Our AI-driven technology offers real-time market alerts, smart property pages, and seamless dealroom collaboration. Unique features include auto-generated listing pages, email and landing page tools, and integration with brokers and developers. With exclusive listings and premium exposure, Brevitas provides unmatched value for CRE professionals.