Foley, Minnesota: A Premier Destination for Commercial Real Estate

Introduction

Foley, Minnesota, a small yet vibrant city, presents a unique opportunity for commercial real estate professionals. Nestled in Benton County, Foley's strategic location within the Greater St. Cloud area makes it an attractive hub for various industries. With a growing economy centered around agriculture, manufacturing, and retail, Foley offers a rich landscape for commercial real estate (CRE) investments. Its proximity to major transportation routes and a supportive local government further enhance its appeal as a prime CRE destination.

Economic and Industry Overview

Foley's economy is anchored by key industries such as agriculture, manufacturing, and retail trade. The city's robust agricultural sector drives demand for industrial and warehouse spaces, while its manufacturing base supports the need for both industrial and office properties. The retail sector, bolstered by local and regional shoppers, continues to grow, increasing demand for commercial retail spaces. Regional economic initiatives, supported by the Benton Economic Partnership, aim to attract new businesses and foster development, further strengthening Foley’s CRE market.

Strategic Location and Transportation Infrastructure

Foley benefits from a strategic location with access to major transportation networks. The city is conveniently located near U.S. Highway 23 and Minnesota State Highway 25, facilitating efficient logistics and distribution. While Foley does not have its own airport, it is just a short drive from the St. Cloud Regional Airport, providing access to broader markets. The proximity to these transportation infrastructures enhances Foley's attractiveness for businesses reliant on efficient supply chain operations.

Commercial Real Estate Inventory & Zoning

Foley's CRE market is characterized by diverse submarkets, including the central business district (CBD) and industrial corridors. Key asset classes in Foley encompass industrial spaces, retail centers, office buildings, and commercial-grade multifamily properties. Recent zoning updates have introduced incentives for developers, promoting mixed-use developments and innovation districts. For detailed zoning information, refer to the City of Foley's Zoning Maps.

Major Employers and Institutions

Foley hosts a variety of major employers, including agricultural processing companies, manufacturing firms, and retail chains. Notable employers such as Foley Public Schools and Benton County Government contribute significantly to the local economy and CRE demand. The presence of these institutions supports the office and retail property markets. More information can be found through the Foley Chamber of Commerce.

Notable Commercial Developments & Projects

Foley is witnessing several notable commercial developments, including mixed-use projects and industrial parks. These developments are often backed by public-private partnerships and are located in designated Opportunity Zones, offering tax incentives to investors. To explore current projects, visit the City of Foley Planning Department.

Building Permits, Planning, and Development Tools

For CRE professionals seeking development opportunities in Foley, the following resources are crucial:

• City’s Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Access to comprehensive market data is essential for informed CRE decisions. Public datasets such as those from Census.gov and Foley's open data portal provide valuable insights into economic trends. At Brevitas, we leverage AI-powered aggregation to offer real-time market insights. Explore our Brevitas-powered dashboards for detailed market data specific to Foley, Minnesota.

Why Use Brevitas for Foley, Minnesota CRE?

Brevitas stands out as the premier platform for Foley's commercial real estate market, offering:

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

Our platform features auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. With exclusive listings and premium exposure, Brevitas is your trusted partner for CRE success in Foley, Minnesota.