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

Introduction

Hazelton, North Dakota, offers a unique and strategic opportunity for commercial real estate (CRE) investors and developers. As a small yet dynamic city, Hazelton's economy is primarily driven by agriculture, with emerging opportunities in renewable energy and logistics. Its strategic location in the Midwest, coupled with a supportive business environment, makes Hazelton a compelling destination for diverse commercial real estate investments.

Economic and Industry Overview

Hazelton's economic landscape is dominated by agriculture, with significant contributions from crop production and livestock farming. The city's proximity to fertile land makes it an agricultural hub, driving demand for industrial properties such as warehouses and distribution centers. Recent initiatives to explore renewable energy sources, like wind and solar power, are opening new avenues for CRE development. Economic development agencies, such as the North Dakota Department of Commerce, actively support these industries through various programs and incentives.

Strategic Location and Transportation Infrastructure

Hazelton is strategically positioned with access to major transportation routes, enhancing its appeal for logistics and distribution. The city is connected by U.S. Highway 83, providing seamless connections to larger markets in North Dakota and beyond. While Hazelton does not have a major airport, it is within driving distance of Bismarck Airport, offering both passenger and cargo services. The North Dakota Department of Transportation provides detailed information on transportation infrastructure, ensuring efficient movement of goods and services.

Commercial Real Estate Inventory & Zoning

Hazelton's commercial real estate market comprises various submarkets, including industrial corridors and emerging innovation districts. Key asset classes include industrial, retail, and limited office space. The city's zoning regulations are designed to foster growth while maintaining a balance between development and community needs. Developers can explore opportunities through the City of Hazelton Zoning Map (link to be updated when available).

Major Employers and Institutions

The agricultural sector remains the backbone of Hazelton's economy, with several large farming operations serving as major employers. Educational institutions and local government offices also contribute to CRE demand. While Hazelton does not host large corporate headquarters, its role as an agricultural center drives the need for retail and service-oriented commercial spaces. More information can be found through the North Dakota Economic Development Directory.

Notable Commercial Developments & Projects

Hazelton is witnessing significant interest in mixed-use developments and sustainability-focused projects. Public-private partnerships and designated Opportunity Zones are encouraging innovative uses of commercial space. Detailed plans and approved site maps are available through the Hazelton Planning Department (link to be updated when available).

Building Permits, Planning, and Development Tools

For developers seeking to invest in Hazelton, the city offers a streamlined permitting process. Essential resources include:

• City’s Building and Safety Department (link to be updated)
• Permitting Portals (link to be updated)
• Parcel Map Viewer / GIS (link to be updated)
• Planning Commission (link to be updated)
• Development Code (link to be updated)

Market Data & Economic Reports

Publicly available data sets, such as those from census.gov and the city's open data portal, provide valuable insights into Hazelton's market dynamics. Brevitas leverages AI-powered aggregation from these public sources and internal insights to offer comprehensive market reports. Explore Brevitas-powered dashboards for Hazelton here (link to Brevitas city search if applicable).

Why Use Brevitas for Hazelton, North Dakota CRE?

Brevitas offers an unparalleled platform for discovering and investing in Hazelton's commercial real estate market. Our AI-driven tools provide real-time market alerts, smart property pages, and collaborative dealrooms. Unique features include:

• Auto-generated listing pages
• Advanced email and landing page tools
• Seamless integration with brokers and developers
• Exclusive listings and premium exposure

For CRE professionals seeking to capitalize on Hazelton's potential, Brevitas stands as the go-to marketplace, ensuring you stay ahead in a competitive market.