Berthold, North Dakota Commercial Real Estate 1 Listing

Berthold, North Dakota: A Premier Destination for Commercial Real Estate

Introduction

Berthold, North Dakota, offers a unique commercial real estate landscape, appealing to investors and developers alike. With a modest population, this city is strategically positioned in a region known for its robust agricultural economy and burgeoning energy sectors. Berthold's proximity to key transportation routes and its supportive economic environment make it an attractive location for commercial real estate ventures.

Economic and Industry Overview

Berthold's economy is predominantly driven by agriculture and energy industries, particularly oil and gas exploration. These sectors fuel demand for various commercial property types, including industrial facilities for storage and distribution, as well as retail spaces catering to the local workforce. The North Dakota Department of Commerce supports economic development through initiatives designed to bolster these industries, fostering a favorable climate for commercial real estate growth.

Strategic Location and Transportation Infrastructure

Berthold benefits from its strategic location along U.S. Highway 2, providing seamless connectivity to larger urban centers and facilitating efficient distribution channels. The city is also serviced by the BNSF Railway, offering critical rail transport options for goods and commodities. Although Berthold does not have its airport, the Minot International Airport, located approximately 23 miles away, ensures access to air travel. For more information, visit the North Dakota Department of Transportation.

Commercial Real Estate Inventory & Zoning

Berthold's commercial real estate landscape includes several key submarkets, with industrial corridors primarily catering to the energy sector. Retail and office spaces are also available, supporting local businesses and service providers. The city's zoning regulations are designed to facilitate development, with incentives available for projects that align with local economic goals. For detailed zoning information, refer to Ward County's parcel viewer.

Major Employers and Institutions

Significant employers in Berthold include agricultural enterprises and energy companies such as Hess Corporation and Whiting Petroleum. These organizations drive demand for commercial spaces, particularly industrial and office properties. While Berthold itself does not host major universities, nearby Minot State University contributes to the area's educated workforce. Explore more at the Ward County Economic Development site.

Notable Commercial Developments & Projects

Recent commercial developments in Berthold include mixed-use projects that integrate retail and office spaces, designed to enhance the local community and attract investment. Opportunity Zones within the region offer tax incentives for developers, encouraging new ventures and revitalization projects. For comprehensive planning resources, visit the Ward County Planning Department.

Building Permits, Planning, and Development Tools

For developers interested in Berthold, key resources include:

Market Data & Economic Reports

Public data sets, including those from census.gov, provide valuable insights into Berthold's economic conditions. Brevitas leverages AI-powered aggregation of this data, offering comprehensive market dashboards and insights. Explore Brevitas-powered dashboards for Berthold to gain deeper market understanding.