Catlettsburg, Kentucky Commercial Real Estate 4 Listings
Catlettsburg, Kentucky: A Premier Destination for Commercial Real Estate
Introduction
Catlettsburg, Kentucky, is emerging as a pivotal location for commercial real estate (CRE) in the region. With a population that supports a dynamic local economy, Catlettsburg is uniquely positioned at the confluence of the Big Sandy and Ohio Rivers. This strategic location, combined with its proximity to major transportation networks, makes it a compelling choice for investors and businesses looking to capitalize on its industrial and logistical advantages.
Economic and Industry Overview
Catlettsburg serves as a hub for several key industries, including logistics, manufacturing, and energy. The city's industrial sector is bolstered by its access to river transport and its proximity to coal mining operations, which drive demand for industrial facilities and storage. The presence of regional economic development agencies, such as the Ashland Alliance, highlights ongoing initiatives to attract and retain businesses, further enhancing the CRE landscape.
Strategic Location and Transportation Infrastructure
Catlettsburg's location is a major asset for commercial real estate, with several transportation infrastructures enhancing its appeal:
- Highways: The city is accessible via U.S. Route 23 and U.S. Route 60, providing seamless connectivity to major interstate highways.
- Rail: The CSX Transportation rail line runs through Catlettsburg, facilitating efficient freight movement.
- Rivers: Positioned at the junction of the Big Sandy and Ohio Rivers, Catlettsburg offers significant advantages for businesses relying on river transport.
- Airports: The nearby Tri-State Airport (HTS) supports regional and national air travel needs.
For more information, visit the Kentucky Transportation Cabinet.
Commercial Real Estate Inventory & Zoning
Catlettsburg's commercial real estate market is characterized by diverse submarkets:
- Industrial Corridors: Facilities along the riverfront support logistics and manufacturing.
- Retail and Office Spaces: Opportunities for small to medium-sized enterprises exist within the city center.
- Zoning: Recent zoning changes have introduced incentives for green development and mixed-use projects. For detailed zoning maps, refer to the Boyd County Planning and Zoning.
Major Employers and Institutions
Prominent employers in Catlettsburg include:
- Marathon Petroleum Corporation: A significant player in the energy sector.
- CSX Transportation: A major rail operator.
- Local Government: Employs a substantial portion of the workforce.
These entities contribute significantly to the demand for office and industrial spaces. Further information can be found on the Ashland Alliance Business Directory.
Notable Commercial Developments & Projects
Several large-scale projects are underway or recently completed in Catlettsburg:
- Riverfront Redevelopment: Public-private partnerships are transforming the riverfront into a mixed-use area.
- Innovation Park: A new park focused on technology and research is attracting startups and established firms alike.
For planning details, visit the City of Catlettsburg Planning Department.
Building Permits, Planning, and Development Tools
For developers and investors, the following resources are invaluable:
- City of Catlettsburg Building and Safety Department
- Permit Applications Portal
- GIS Parcel Viewer
- Planning Commission Details
- Development Code
Market Data & Economic Reports
Catlettsburg benefits from robust data resources, including:
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