Herkimer, New York Commercial Real Estate 0 Listings

Herkimer, New York: A Premier Destination for Commercial Real Estate

Introduction

Herkimer, New York, offers a compelling proposition for commercial real estate (CRE) investors and professionals. Nestled in the Mohawk Valley, the city boasts a diverse economy with strong industry clusters in manufacturing, logistics, and healthcare. Herkimer's strategic location and robust infrastructure make it a desirable destination for businesses and investors alike.

Economic and Industry Overview

Herkimer's economy is driven by key industries such as manufacturing, healthcare, and logistics. These industries create significant demand for various commercial property types, including industrial, office, and retail spaces. The Mohawk Valley Economic Development District plays a pivotal role in fostering economic growth and supporting local businesses through development initiatives and resources.

Strategic Location and Transportation Infrastructure

Herkimer is strategically positioned with access to major transportation corridors. The city is bisected by Interstate 90 (the New York State Thruway), providing seamless connections to major markets in the Northeast. The proximity to major airports, including Syracuse Hancock International Airport and Albany International Airport, further enhances its logistical advantages. The New York State Department of Transportation provides additional insights into the region's transportation infrastructure.

Commercial Real Estate Inventory & Zoning

Herkimer's commercial real estate market is characterized by its diverse submarkets, including its central business district and industrial corridors. Key asset classes include industrial, office, retail, and medical spaces. Recent zoning changes have created opportunities for developers, particularly in designated Opportunity Zones. For detailed zoning maps and parcel information, visit the Herkimer County GIS Portal.

Major Employers and Institutions

Significant employers in Herkimer include Bassett Healthcare Network, Remington Arms, and Herkimer County Community College. These institutions drive demand for commercial spaces, particularly in the office and healthcare sectors. Additional information about local businesses can be found at the Herkimer County Chamber of Commerce.

Notable Commercial Developments & Projects

Herkimer is witnessing significant commercial developments, including mixed-use projects and public-private partnerships. The presence of Opportunity Zones offers additional incentives for investors. Information on ongoing projects and planning initiatives is available through the Herkimer County Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development, Herkimer provides a range of resources:

Market Data & Economic Reports

Herkimer offers access to a wealth of public data sets and economic reports. These resources, such as those available on census.gov, provide valuable insights for making informed investment decisions. Brevitas leverages AI-powered aggregation from public data and internal insights to present comprehensive market data. Explore Brevitas-powered dashboards for detailed insights into Herkimer's CRE market.