Farmington, New Hampshire Commercial Real Estate 1 Listing

Farmington, New Hampshire: A Premier Destination for Commercial Real Estate

Introduction

Farmington, New Hampshire, offers a unique opportunity for commercial real estate (CRE) investment, characterized by its strategic location and diverse economic landscape. As a small town with a focus on manufacturing and retail sectors, Farmington is an appealing choice for businesses looking to capitalize on its proximity to larger markets in New England. The city's strategic positioning within New Hampshire makes it a compelling destination for CRE professionals seeking a blend of rural charm and economic potential.

Economic and Industry Overview

Farmington's economy is primarily driven by manufacturing and retail industries, which contribute significantly to the demand for various types of commercial properties, including industrial and retail spaces. The town's economic development initiatives focus on attracting new businesses and supporting existing ones, further enhancing its CRE landscape. Efforts by regional economic development agencies, such as the Strafford Regional Planning Commission, aim to foster a supportive environment for business growth and infrastructure improvement.

Strategic Location and Transportation Infrastructure

Farmington's location provides logistical advantages for businesses, with access to major highways like Route 11 and Route 153, facilitating efficient transportation of goods and services. While Farmington does not host major airports or rail lines within its boundaries, its proximity to larger cities like Rochester and Dover ensures access to essential transportation hubs, including the Portsmouth International Airport at Pease. This connectivity supports distribution efforts and access to a skilled labor pool, making it an attractive location for commercial enterprises.

Commercial Real Estate Inventory & Zoning

Farmington's commercial real estate market is composed of various submarkets, including industrial corridors and retail centers. Key asset classes in the area include industrial, retail, and flex spaces. Recent zoning changes and incentives for developers are designed to encourage growth and attract new investments. For detailed zoning information, the town offers resources such as the Farmington Zoning Map and the Parcel Viewer.

Major Employers and Institutions

Farmington hosts several key employers that drive demand for commercial real estate, including local manufacturing firms and retail businesses. Educational institutions and government centers also contribute to the economic landscape. The Farmington Economic Development Site provides a directory of businesses and services that underpin the town's economy.

Notable Commercial Developments & Projects

Farmington is witnessing several significant development projects, including mixed-use and industrial developments. Public-private partnerships and Opportunity Zones are leveraged to enhance economic growth and CRE appeal. Information on ongoing and planned developments can be accessed through the Farmington Planning Department and their associated site maps.

Building Permits, Planning, and Development Tools

Farmington provides various resources for developers and investors looking to engage with the local CRE market. Key tools include:

Market Data & Economic Reports

Available public data sets, such as those from census.gov, provide insights into Farmington's economic conditions. Brevitas leverages AI-powered aggregation from public data and internal insights to offer comprehensive market data. Explore Brevitas-powered dashboards for Farmington to access real-time information and analysis.