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

Introduction

Ross, North Dakota, may be a small city, but it offers significant opportunities for commercial real estate (CRE) investors and professionals. With a population that reflects its tight-knit community, Ross is strategically positioned within North Dakota's thriving energy sector, bolstered by the state's rich natural resources. This unique positioning makes Ross an attractive destination for CRE developments, particularly in industrial and logistics real estate.

Economic and Industry Overview

Ross is situated in the heart of North Dakota's energy belt, with the oil and gas industry being the predominant economic driver. This industry significantly influences demand for industrial and logistics properties, such as warehouses and distribution centers. The state's economic initiatives, spearheaded by North Dakota's Department of Commerce, focus on supporting energy production and related sectors, which in turn creates a robust market for commercial real estate developments.

Strategic Location and Transportation Infrastructure

Ross benefits from its proximity to major transportation corridors, which enhances its appeal as a logistics hub. The city is accessible via U.S. Route 2, a vital east-west highway facilitating the movement of goods across the state. While Ross does not have its own airport, it is within a reasonable distance of Minot International Airport, providing further logistical advantages. The North Dakota Department of Transportation offers comprehensive insights into the state's transportation infrastructure.

Commercial Real Estate Inventory & Zoning

Ross's commercial real estate landscape is primarily characterized by industrial and retail spaces. The zoning regulations in Ross, which can be accessed through the Mountrail County Planning and Zoning Department, accommodate a variety of CRE developments. Developers may find opportunities in Ross's industrial corridors, where zoning incentives are often available to encourage growth.

Major Employers and Institutions

The oil and gas industry dominates the list of major employers in Ross, with various energy companies driving demand for commercial real estate. While the city does not host large universities or corporate headquarters, it benefits from its proximity to Minot, expanding its labor pool and business opportunities. More details on local businesses can be found through the Mountrail County Economic Development Corporation.

Notable Commercial Developments & Projects

Ross is witnessing several notable developments, particularly in the industrial sector. These projects often involve public-private partnerships aimed at enhancing infrastructure to support the energy industry. The city is also part of an Opportunity Zone, providing tax incentives for investors. For more information on these projects, visit the Mountrail County Planning Department.

Building Permits, Planning, and Development Tools

Investors and developers can access essential resources through the Mountrail County Building and Safety Department, which offers online portals for building permits and development codes. The GIS Parcel Viewer is also a valuable tool for site selection and property analysis.

Market Data & Economic Reports

Public data sets, including those from the U.S. Census Bureau, provide crucial information for understanding Ross's economic landscape. Brevitas leverages AI-powered aggregation from these public sources, offering users an in-depth look at the market through dynamic dashboards. Explore Brevitas-powered insights for Ross, North Dakota here.

Why Use Brevitas for Ross, North Dakota CRE?

Brevitas stands out as the premier platform for discovering commercial real estate in Ross, North Dakota. Utilizing AI-driven technology, Brevitas offers: - Real-time market alerts and smart property pages - Auto-generated listing pages and dealroom collaboration - Advanced email and landing page tools - Integration capabilities with brokers and developers - Exclusive listings with premium exposure

Brevitas is the go-to marketplace for investors and brokers looking to capitalize on the unique opportunities in Ross, North Dakota's commercial real estate sector.