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

Introduction

Nestled in the heart of Williams County, McGregor, North Dakota, presents a unique opportunity for commercial real estate (CRE) investors and professionals. Despite its small size, McGregor's strategic positioning within the Bakken oil formation has made it an attractive location for energy sector investments. The city’s proximity to major transport routes and growing industrial activities further enhance its appeal for various CRE asset classes, including industrial and office spaces.

Economic and Industry Overview

McGregor's economy is predominantly driven by the energy sector, with a focus on oil and natural gas extraction. The presence of the Bakken formation has spurred demand for industrial properties, as companies seek logistics and storage spaces. The energy industry’s growth fuels ancillary sectors, including retail and services, increasing the need for diverse commercial property types. The North Dakota Department of Commerce actively supports economic development initiatives to bolster industrial growth in the region.

Strategic Location and Transportation Infrastructure

McGregor benefits from its proximity to major transportation corridors, including U.S. Route 2 and North Dakota Highway 40. These highways facilitate efficient transportation of goods and access to labor markets. Although McGregor doesn’t have its own airport, the nearby Williston Basin International Airport (XWA) connects the region to larger markets. For more details on transportation, visit the North Dakota Department of Transportation.

Commercial Real Estate Inventory & Zoning

The McGregor commercial real estate landscape includes a variety of asset classes, predominantly industrial and retail spaces. The town's zoning plans encourage development in designated industrial corridors to support the energy sector. For zoning maps and details, refer to the Williams County Planning and Zoning page.

Major Employers and Institutions

Key employers in McGregor include several oil and gas companies, which have established operations to capitalize on the Bakken formation. The Williams County Economic Development provides a comprehensive list of major employers and supports business growth in the region.

Notable Commercial Developments & Projects

McGregor is witnessing significant investment in infrastructure and industrial parks, aimed at boosting its capacity to support the energy sector. Public-private partnerships are prevalent, with developments focusing on expanding logistics and storage capabilities. For details on current projects, visit the North Dakota Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development opportunities in McGregor, the following resources are available: - Williams County Building and Safety Department - Williams County Permitting Portal - GIS Parcel Viewer - Planning Commission - Development Code

Market Data & Economic Reports

Public data sets and economic reports are essential for informed CRE decisions. The U.S. Census Bureau and North Dakota Open Data Portal provide valuable insights. Brevitas leverages AI-powered aggregation to present comprehensive market data, offering users access to detailed dashboards specific to McGregor, North Dakota.

Why Use Brevitas for McGregor, North Dakota CRE?

Brevitas offers an unparalleled platform for discovering CRE opportunities in McGregor, North Dakota. Our AI-driven tools provide real-time market alerts, smart property pages, and collaborative dealrooms. Unique features include: - Auto-generated listing pages - Email and landing page tools - Seamless integration with brokers and developers - Exclusive listings and premium exposure

Explore Brevitas to unlock the full potential of McGregor's commercial real estate market.