Hazen, North Dakota Commercial Real Estate 0 Listings

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

Introduction

Hazen, North Dakota, presents a unique opportunity for commercial real estate (CRE) professionals seeking to invest in a dynamic and evolving market. With a population of just over 2,400, Hazen offers a small-town atmosphere with significant commercial potential. The city is strategically positioned within the energy-rich region of North Dakota and supports thriving industries, including energy production, agriculture, and manufacturing. Hazen's commercial real estate market is poised for growth, with a robust economic foundation and strategic location that enhances its appeal to investors and developers.

Economic and Industry Overview

Hazen's economy is predominantly driven by the energy sector, with coal mining and power generation as major contributors. The presence of power plants and coal mines in the region has spurred demand for industrial and office spaces. Additionally, the agricultural sector, supported by North Dakota's fertile land, contributes to the city's economic diversity. The economic landscape is further enhanced by initiatives from the North Dakota Department of Commerce, which promotes business development and investment in the region.

Strategic Location and Transportation Infrastructure

Hazen benefits from its strategic location along major transportation routes. The city is accessible via North Dakota Highway 200, providing efficient connections to regional markets. Although Hazen does not have a commercial airport, it is within a reasonable distance from larger airports in Bismarck and Minot, facilitating broader logistical advantages. The proximity to rail lines and highways enhances its appeal for distribution and industrial operations. More information can be found at the North Dakota Department of Transportation.

Commercial Real Estate Inventory & Zoning

Hazen's commercial real estate market comprises several key asset classes, including industrial, office, and retail properties. The industrial sector is notably robust due to the presence of energy-related businesses. Zoning regulations in Hazen are designed to support commercial growth, with incentives for developers aiming to invest in the area. The city's zoning maps and parcel viewers are accessible through the City of Hazen's official website.

Major Employers and Institutions

The largest employers in Hazen include power generation companies and coal mining operations, which drive demand for office and industrial spaces. The city's economic landscape is further supported by healthcare facilities and educational institutions. For detailed information on local businesses and economic initiatives, visit the Hazen Chamber of Commerce.

Notable Commercial Developments & Projects

Hazen is witnessing several significant commercial developments, including mixed-use projects and industrial parks, supported by public-private partnerships and Opportunity Zones. These developments are designed to enhance the city's infrastructure and attract new businesses. For more information on current projects, refer to the Hazen Planning and Zoning Department.

Building Permits, Planning, and Development Tools

For CRE professionals interested in developing properties in Hazen, the following resources are invaluable:

Market Data & Economic Reports

Public data sets provide vital insights into Hazen's economic landscape. Resources such as Census.gov and the city's open data portal offer comprehensive economic impact reports. Brevitas utilizes AI-powered aggregation from these public data sources to provide users with detailed market insights. Explore Brevitas-powered dashboards for Hazen by visiting our Brevitas City Search.

Why Use Brevitas for Hazen, North Dakota CRE?

Brevitas offers unmatched tools for CRE discovery in Hazen, North Dakota, powered by AI-driven insights and real-time market alerts. Our platform provides: