Paintsville, Kentucky: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the heart of Eastern Kentucky, Paintsville presents a burgeoning landscape for commercial real estate (CRE) investors and professionals. As the county seat of Johnson County, Paintsville benefits from its strategic position in the Appalachian region, offering unique opportunities in various sectors. Known for its vibrant small-town charm, the city is seeing increased interest in its commercial offerings, driven by a mix of local industries and economic development initiatives.

Economic and Industry Overview

Paintsville's economy is supported by diverse industries, including healthcare, manufacturing, and energy. The presence of the Paintsville ARH Hospital underscores the importance of healthcare as a major industry, driving demand for medical office spaces and related commercial properties. Additionally, the city's proximity to coal mining operations historically supports industrial real estate needs, though there's a growing shift towards renewable energy and technology-driven businesses.

Regional economic development efforts are spearheaded by the Southeast Kentucky Economic Development Corporation (SKED), focusing on attracting new businesses and supporting existing ones, thereby stimulating demand for varied commercial real estate types.

Strategic Location and Transportation Infrastructure

Paintsville's strategic location is enhanced by its access to major transportation routes. U.S. Route 23, a key north-south corridor, connects Paintsville to significant markets in Kentucky and beyond. Although the city doesn't have a major airport, the nearby Big Sandy Regional Airport facilitates regional air travel.

The city's road infrastructure supports logistic operations, making it a viable location for distribution centers. For more information, consult the Kentucky Transportation Cabinet.

Commercial Real Estate Inventory & Zoning

Paintsville offers a diverse range of commercial real estate inventory, from its central business district (CBD) to industrial corridors. The CBD is home to office and retail spaces, while the outskirts feature industrial and flex properties.

Notable zoning updates and development incentives can be explored through the city's Zoning and Planning Department. Developers can find potential opportunities in designated areas, often with incentives aimed at boosting local economic growth.

Major Employers and Institutions

Paintsville's commercial real estate demand is partly driven by its leading employers, including the Paintsville ARH Hospital and Johnson County Schools. Additionally, the presence of Big Sandy Community and Technical College adds an educational dimension, potentially increasing the need for student housing and related services.

For a comprehensive list of businesses and institutions, visit the Johnson County Economic Development Authority.

Notable Commercial Developments & Projects

Emerging projects in Paintsville demonstrate the city's growth potential. From mixed-use developments to innovation parks, Paintsville is embracing modern commercial real estate trends. Public-private partnerships and Opportunity Zones within the city offer lucrative prospects for developers and investors.

For details on ongoing projects, the City of Paintsville's Planning Department provides accessible resources and site maps.

Building Permits, Planning, and Development Tools

Investors and developers can access essential resources through the following links:

• Paintsville Building & Safety Department
• Permitting Portal
• Parcel Map Viewer/GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Paintsville's market data and economic reports are accessible through public datasets like census.gov and the city's open data portal. Brevitas enhances this information with AI-powered aggregation, providing users with valuable insights and real-time data analytics.

Explore Brevitas-powered dashboards for Paintsville here.

Why Use Brevitas for Paintsville, Kentucky CRE?

Brevitas stands out as a leader in CRE discovery, offering a suite of tools for industry professionals:

• AI-driven property discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Unique features like auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers ensure premium exposure and exclusive listings. With Brevitas, navigating Paintsville's CRE market becomes a streamlined, data-rich experience.

For more information, visit Brevitas.