New England, North Dakota Commercial Real Estate 1 Listing

New England, North Dakota: A Premier Destination for Commercial Real Estate

Introduction

New England, North Dakota, offers a compelling opportunity for commercial real estate (CRE) professionals. With its strategic location, diverse economy, and burgeoning industries, this city is poised for growth in various CRE sectors. Despite its relatively small population, New England's economic activities, particularly in agriculture and energy, create a robust demand for commercial properties, from industrial spaces to office buildings.

Economic and Industry Overview

New England's economy is primarily driven by agriculture and energy, with significant contributions from the oil and gas sectors. These industries fuel demand for industrial and office spaces, while the retail sector benefits from the local workforce's support. The city is also part of regional economic development initiatives that aim to attract new businesses and industries. For more information on regional economic efforts, visit the North Dakota Department of Commerce.

Strategic Location and Transportation Infrastructure

New England is strategically positioned with access to major transportation routes. It is connected by U.S. Highway 22, facilitating easy transportation of goods and services. The nearest major airport is Dickinson Theodore Roosevelt Regional Airport, approximately 30 miles away, providing connectivity to national markets. This infrastructure supports logistical advantages for distribution and enhances access to labor pools. For more details, visit the North Dakota Department of Transportation.

Commercial Real Estate Inventory & Zoning

The city offers diverse CRE submarkets, including industrial corridors and retail centers. Key asset classes include industrial, retail, and office spaces. Recent zoning changes aim to incentivize development, particularly in mixed-use and innovation district projects. For zoning maps and parcel viewers, refer to the Adams County GIS.

Major Employers and Institutions

New England hosts several top employers, such as agricultural firms and energy companies, driving demand for commercial real estate. While it lacks a major university, the presence of government centers and corporate offices supports the local CRE market. For a list of major employers, visit the Adams County Economic Development Corporation.

Notable Commercial Developments & Projects

The city is witnessing several large-scale developments, including mixed-use projects and innovation parks. These projects often involve public-private partnerships and are located within designated Opportunity Zones, offering tax incentives for investors. For planning department insights and site maps, check the Adams County Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, accessing building permits and planning tools is crucial. Useful resources include:

Market Data & Economic Reports

Public data sets such as those from census.gov provide valuable insights into the local economy. Brevitas leverages AI-powered aggregation from public data and internal insights to offer comprehensive market analysis. Explore Brevitas-powered dashboards for New England, North Dakota, for the latest commercial real estate insights.