Franklin Furnace, Ohio: A Premier Destination for Commercial Real Estate

Introduction

Franklin Furnace, Ohio, is a burgeoning hub for commercial real estate, offering a unique blend of strategic location and industrial potential. Nestled on the banks of the Ohio River, this small community is poised for growth, driven by its proximity to major industrial corridors and thriving local economy. The city’s commercial real estate market is characterized by its focus on manufacturing, logistics, and distribution, making it an attractive destination for investors and developers.

Economic and Industry Overview

Franklin Furnace’s economy is significantly influenced by the manufacturing and logistics industries. The city's proximity to major industrial hubs creates a high demand for industrial and flex properties. Key industries include:

• Manufacturing: Home to various manufacturing plants, Franklin Furnace serves as a critical node in regional supply chains.
• Logistics and Distribution: The city's strategic location along the Ohio River makes it ideal for logistics companies seeking efficient distribution channels.

Local economic development initiatives, such as those led by Southern Ohio Port Authority, aim to bolster industrial growth and drive demand for commercial properties.

Strategic Location and Transportation Infrastructure

Franklin Furnace benefits from a robust transportation network that enhances its appeal as a commercial real estate destination:

• Highways: Accessible via U.S. Route 52, providing seamless connections to major cities.
• Rail Lines: Served by the Norfolk Southern Railway, facilitating efficient freight transport.
• Ohio River Port: Offers vital waterway access for bulk shipping and receiving.

These logistical advantages position Franklin Furnace as a prime location for businesses seeking access to labor pools and regional markets. For more transportation details, visit the Ohio Department of Transportation.

Commercial Real Estate Inventory & Zoning

Franklin Furnace's commercial real estate landscape comprises several key submarkets:

• Industrial Corridors: Ideal for heavy manufacturing and logistics operations.
• Retail and Office Spaces: Centrally located for businesses catering to local and regional customers.

The city offers various incentives for developers, including tax abatements and streamlined permitting processes. For zoning information, explore the Scioto County Zoning Maps.

Major Employers and Institutions

Franklin Furnace is home to several major employers that drive demand for commercial real estate:

• Sierra Metals: A leading employer in the manufacturing sector.
• Haverhill Chemicals: Contributes significantly to local industrial activity.
• Local Educational Institutions: Partner with businesses to provide a skilled workforce.

For a comprehensive list of employers, visit the Southern Ohio Economic Development Directory.

Notable Commercial Developments & Projects

Recent developments in Franklin Furnace highlight its growth potential:

• Mixed-Use Developments: Projects that blend residential, retail, and office spaces are emerging, enhancing the city's commercial landscape.
• Opportunity Zones: Designated areas offering tax benefits to investors, spurring economic revitalization.

Explore the Scioto County Planning Department for project maps and details.

Building Permits, Planning, and Development Tools

For developers and investors, Franklin Furnace provides various planning and development resources:

• Building and Safety Department
• Permitting Portals
• Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Access Franklin Furnace’s public data sets and economic reports through resources like Census.gov and the city’s Open Data Portal. These insights are complemented by Brevitas' AI-powered aggregation from public data and internal insights. Explore our Brevitas-powered dashboards for in-depth analysis.

Why Use Brevitas for Franklin Furnace, Ohio CRE?

Brevitas stands out in the Franklin Furnace CRE market with its innovative features:

• AI-driven CRE Discovery: Find properties with precision and ease.
• Real-Time Market Alerts: Stay informed about the latest market trends.
• Smart Property Pages: Experience dynamic and detailed property listings.
• Dealroom Collaboration: Collaborate seamlessly with brokers and developers.

Brevitas also offers exclusive listings and premium exposure through tools like auto-generated listing pages, email and landing page tools, and integrations with industry professionals. Explore Brevitas for a comprehensive CRE experience in Franklin Furnace, Ohio.