Merrifield, Minnesota Commercial Real Estate 1 Listing

Merrifield, Minnesota: A Premier Destination for Commercial Real Estate

Introduction

Merrifield, Minnesota, offers a compelling landscape for commercial real estate (CRE) investments. As a thriving hub within Crow Wing County, this city is strategically positioned to attract a wide array of industries. With its robust economy, supported by sectors like manufacturing, retail, and healthcare, Merrifield is an ideal location for investors seeking opportunities in office, industrial, and retail properties.

Economic and Industry Overview

Merrifield's economy is anchored by diverse industries that drive demand for various types of commercial properties. The manufacturing sector, particularly in machinery and fabricated metal products, is significant, creating a consistent need for industrial spaces. The healthcare industry is also prominent, leading to a steady demand for medical office buildings. Retail businesses flourish due to the city's strategic location, drawing consumers from surrounding areas. Regional economic development initiatives, such as those supported by the Minnesota Department of Employment and Economic Development, further bolster the city's economic landscape.

Strategic Location and Transportation Infrastructure

Merrifield boasts a strategic location with access to key transportation networks. Major highways like U.S. Highway 371 facilitate efficient north-south travel, enhancing logistical advantages for distribution businesses. The city's proximity to the Brainerd Lakes Regional Airport provides vital connectivity for business travelers and air freight. These transportation assets, combined with a skilled labor pool, make Merrifield an attractive location for commercial real estate investments.

Commercial Real Estate Inventory & Zoning

Merrifield's CRE market comprises several submarkets, each with unique characteristics:

Industrial Corridors: Offer ample space for manufacturing and logistics facilities.
Retail Zones: Primarily concentrated along major highways, catering to both local and regional consumers.
Office and Medical Spaces: Located near key healthcare providers and corporate offices.

The city has seen notable zoning changes to encourage mixed-use developments, creating opportunities for innovative projects. Developers can explore the Crow Wing County Parcel Viewer for detailed zoning maps and parcel information.

Major Employers and Institutions

The presence of key employers significantly influences Merrifield's CRE market. Notable organizations include:

Minnesota Metalworks: A leading manufacturer in the region.
Crow Wing Health: A major healthcare provider with multiple facilities.
Merrifield Educational Center: A vital institution driving demand for educational and office spaces.

For more information on the city's business landscape, visit the Brainerd Lakes Chamber of Commerce.

Notable Commercial Developments & Projects

Merrifield is witnessing transformative commercial developments, including:

Lakeside Innovation Park: A mixed-use project integrating office, retail, and residential spaces.
Opportunity Zones: Designated areas providing tax incentives for investors, particularly in downtown redevelopment projects.

Details on these projects can be found through the Crow Wing County Planning and Zoning Department.

Building Permits, Planning, and Development Tools

Developers and investors can access essential resources through the following links:

Market Data & Economic Reports

Merrifield offers a wealth of public data resources for market analysis:

Brevitas leverages AI-powered aggregation from these public data sources and internal insights to provide comprehensive market reports. Explore Brevitas-powered dashboards for Merrifield here.