Richmond, Missouri Commercial Real Estate 1 Listing

Richmond, Missouri: A Premier Destination for Commercial Real Estate

Introduction

Richmond, Missouri, presents a compelling opportunity for commercial real estate (CRE) professionals looking to invest in a growing market. As a city with a rich historical background and a dynamic economy, Richmond offers a unique blend of small-town charm with strategic advantages for various industries. With a population of approximately 6,000, the city's economic landscape is diverse, with significant activity in agriculture, manufacturing, and retail sectors. Its strategic location in Ray County positions it as a key player in the broader Missouri CRE market.

Economic and Industry Overview

Richmond's economy is anchored by robust agricultural activities, which support the demand for industrial and logistics spaces. The city is also witnessing growth in manufacturing, which has increased the need for both office and industrial properties. The Ray County Economic Development Corporation actively promotes business growth, providing incentives and support to attract new ventures and expand existing businesses.

Strategic Location and Transportation Infrastructure

Richmond's strategic location is bolstered by its accessibility to major transportation networks. The city is served by U.S. Route 13 and Missouri Route 10, facilitating efficient north-south and east-west travel. Proximity to the Kansas City International Airport, located approximately 50 miles away, provides critical air connectivity. The city's location offers logistical advantages for distribution companies seeking access to a skilled labor pool and proximity to larger markets. For more information, visit the Missouri Department of Transportation.

Commercial Real Estate Inventory & Zoning

Richmond's commercial real estate landscape is characterized by several key submarkets, including the Central Business District (CBD) and industrial corridors along major highways. The city's zoning framework supports diverse asset classes, such as industrial, retail, and office spaces, with recent incentives aimed at encouraging development in underutilized areas. Access the City of Richmond Zoning Map for more details.

Major Employers and Institutions

Richmond hosts several major employers, including Ray County Memorial Hospital and the Richmond School District, which drive demand for office and retail space. The presence of these and other institutions underpins the city's stable economic environment. Explore the Ray County Economic Development website for a comprehensive list of employers.

Notable Commercial Developments & Projects

The city is home to several notable development projects, including mixed-use and master-planned communities. Public-private partnerships have been instrumental in revitalizing key areas, enhancing Richmond's appeal as a CRE destination. The city also benefits from designated Opportunity Zones, fostering investment opportunities. For planning documents, visit the Richmond Planning Department.

Building Permits, Planning, and Development Tools

Richmond supports developers with a range of tools, including an online permitting portal and GIS parcel viewer. The city's Planning Commission offers guidance on development codes and zoning regulations. Access resources through the Richmond Building and Safety Department.

Market Data & Economic Reports

Richmond's market data is enriched by publicly available datasets, such as those from census.gov and local economic impact reports. Brevitas leverages AI-powered aggregation from these sources, providing investors with comprehensive insights. Explore Brevitas-powered dashboards for Richmond here.

Why Use Brevitas for Richmond, Missouri CRE?

Brevitas stands out as a premier platform for discovering Richmond's CRE opportunities. With AI-driven discovery, real-time market alerts, and smart property pages, Brevitas streamlines the investment process. Unique features include: