Laurinburg, North Carolina Commercial Real Estate 1 Listing

Laurinburg, North Carolina: A Premier Destination for Commercial Real Estate

Introduction

Laurinburg, North Carolina, is emerging as a key destination for commercial real estate (CRE) professionals. With a population of approximately 15,000, Laurinburg is strategically positioned within the Sandhills region, offering a unique blend of economic growth and development potential. The city is characterized by its robust manufacturing sector and growing logistical advantages, making it appealing for diverse commercial property investments.

Economic and Industry Overview

Laurinburg's economy is driven by several key industries including manufacturing, logistics, and education. The city's manufacturing sector, historically focused on textiles, has diversified to include automotive and advanced manufacturing, increasing demand for industrial properties. The presence of St. Andrews University and Richmond Community College adds to the demand for office and retail spaces. Regional economic development initiatives, such as the Scotland County Economic Development Corporation, actively work to attract new investments and enhance the city's business landscape.

Strategic Location and Transportation Infrastructure

Laurinburg boasts strategic access to major transportation networks, enhancing its appeal for commercial real estate:

Highways: Located along U.S. Route 74, offering direct routes to Interstate 95 and facilitating easy transport to major markets.
Airports: Proximity to Fayetteville Regional Airport and Charlotte Douglas International Airport enhances connectivity.
Rail: Served by CSX Transportation, providing reliable freight services.

For more details, refer to the North Carolina Department of Transportation resources.

Commercial Real Estate Inventory & Zoning

Laurinburg's CRE market is segmented into several key submarkets, each offering unique opportunities:

Central Business District (CBD): Primarily office and retail spaces.
Industrial Corridors: Located near major highways, suited for logistics and manufacturing.
Innovation Districts: Emerging areas focused on tech and education sectors.

The city has implemented favorable zoning regulations and offers incentives for developers. Explore the Laurinburg Zoning Maps for detailed information.

Major Employers and Institutions

Laurinburg hosts several major employers that drive CRE demand:

Campbell Soup Company: A leading employer in the food manufacturing sector.
St. Andrews University: Contributes to the demand for office and retail spaces.
Scotland Health Care System: Influences the need for medical office buildings.

For more information, visit the City of Laurinburg Economic Development portal.

Notable Commercial Developments & Projects

Significant projects shaping Laurinburg's CRE landscape include:

Laurinburg Industrial Park: A hub for manufacturing and logistics businesses.
Main Street Revitalization Project: A public-private partnership aimed at enhancing retail and office spaces.
Opportunity Zones: Areas designated to encourage investment through tax incentives.

For project updates, refer to the Laurinburg Planning Department.

Building Permits, Planning, and Development Tools

Laurinburg offers various resources for CRE professionals:

Market Data & Economic Reports

Access public data sets and economic reports from census.gov and Laurinburg's open data portal. Brevitas leverages AI-powered aggregation to provide insights into Laurinburg's CRE market. Explore our Brevitas-powered dashboards for comprehensive data.