Florence, Mississippi: A Premier Destination for Commercial Real Estate

Introduction

Florence, Mississippi, a rapidly growing city in Rankin County, presents a strategic opportunity for commercial real estate (CRE) investments. Known for its robust local economy and expanding industrial base, Florence is a key player in the regional commercial landscape. The city’s diverse economy is bolstered by manufacturing, logistics, and retail industries, making it an attractive market for various CRE asset classes.

Economic and Industry Overview

Florence's economy is primarily driven by manufacturing and logistics, with significant contributions from retail and local services. The city's strategic location near major transportation hubs supports these industries, creating a steady demand for industrial and office spaces. The Rankin First Economic Development Authority actively promotes industrial growth and offers incentives for new businesses, further enhancing the city's appeal to CRE investors.

Strategic Location and Transportation Infrastructure

Florence benefits from its proximity to major transportation infrastructure, including:

• Highways: Easy access to Interstate 20 and Highway 49 facilitates efficient distribution and connectivity to larger markets.
• Airports: The city is near Jackson-Medgar Wiley Evers International Airport, enhancing its logistical appeal.
• Rail: Rail services provided by Canadian National Railway offer additional options for freight and cargo movement.

These logistical advantages position Florence as an ideal location for distribution centers and industrial facilities. For more details, visit the Mississippi Department of Transportation.

Commercial Real Estate Inventory & Zoning

Florence’s CRE market is characterized by several submarkets, including:

• Industrial Corridors: Ideal for manufacturing and logistics facilities.
• Retail Zones: Vibrant retail areas that attract local and regional shoppers.
• Office Spaces: Emerging office submarkets cater to professional services.

The city offers development incentives and flexible zoning to accommodate growth. Refer to the City of Florence Zoning Map for more information on zoning and overlays.

Major Employers and Institutions

Key employers that drive CRE demand in Florence include:

• Manufacturing Firms: Local and regional manufacturers.
• Retail Giants: Large retail stores and shopping centers.
• Educational Institutions: Schools and local government offices.

For a complete list of major employers, visit the Rankin County Business Directory.

Notable Commercial Developments & Projects

Florence is home to several large-scale developments, such as:

• Mixed-Use Projects: Combining residential, retail, and office spaces.
• Industrial Parks: Supported by public-private partnerships.
• Opportunity Zones: Offering tax incentives for investors.

For detailed project maps, check the Florence Planning Department.

Building Permits, Planning, and Development Tools

Florence supports developers with a range of planning and development resources:

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

Market Data & Economic Reports

Access public data sets for Florence, Mississippi, including census data, and explore economic impact reports through the city’s open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights. Discover more with Brevitas-powered dashboards.

Why Use Brevitas for Florence, Mississippi CRE?

Brevitas offers cutting-edge tools for CRE discovery in Florence, Mississippi:

• AI-Driven Discovery: Access real-time market alerts and smart property pages.
• Dealroom Collaboration: Streamline transactions with brokers and developers.
• Auto-Generated Listings: Enhance exposure with exclusive listings.
• Email & Landing Page Tools: Maximize marketing efforts.

Experience premium exposure and integration with industry professionals on Brevitas, the go-to marketplace for Florence, Mississippi commercial real estate.