Versailles, Ohio: A Premier Destination for Commercial Real Estate

Introduction

Versailles, Ohio, is an emerging hub for commercial real estate (CRE), offering unique opportunities in a thriving economic landscape. This small but dynamic city is part of Darke County and is strategically positioned within the region to serve as a vital link in the supply chain and logistics sectors. With a diverse economy anchored by manufacturing and agriculture, Versailles is becoming an attractive destination for investors and businesses looking to capitalize on its growth potential.

Economic and Industry Overview

Versailles' economy is primarily driven by manufacturing and agriculture, which creates a strong demand for industrial and flex space. The city is home to several prominent manufacturing companies that serve both national and international markets. This industrial presence necessitates significant CRE infrastructure, including warehousing and distribution centers.

• Key Industries:
  • Manufacturing
  • Agriculture
  • Logistics

Regional economic development initiatives are supported by organizations like the Darke County Economic Development Office, which provides resources and incentives to foster business growth and attract new industries to the area.

Strategic Location and Transportation Infrastructure

Versailles benefits from its strategic location within Ohio, with access to major transportation routes that enhance its logistical capabilities.

• Highways: The city is conveniently located near State Route 47 and U.S. Route 127, providing seamless connectivity to interstate highways.
• Rail Lines: Rail services are available through nearby lines, facilitating efficient freight movement.
• Airports: The Dayton International Airport, located approximately 40 miles southeast, offers cargo and passenger services.

These transportation advantages make Versailles an ideal location for distribution centers and logistics operators seeking easy access to broader markets.

Commercial Real Estate Inventory & Zoning

Versailles features several submarkets with diverse CRE offerings:

• Industrial Corridors: Dominated by manufacturing and warehousing facilities.
• Retail Spaces: Small-scale retail opportunities catering to local consumers.
• Office and Flex Spaces: Available for businesses seeking adaptable environments.

The city has implemented zoning changes to encourage development, offering incentives for projects that align with community goals. Interested parties can view the Versailles Zoning Map and access the Darke County Parcel Viewer for more information.

Major Employers and Institutions

Versailles hosts a variety of major employers that drive demand for commercial real estate:

• Midmark Corporation: A leading provider of healthcare products and equipment.
• Versailles Exempted Village Schools: A significant education institution contributing to the local economy.
• Wayne Healthcare: Offering medical services to the region.

These organizations, along with others, bolster the demand for office, industrial, and retail spaces. For more insights, visit the Darke County Business Directory.

Notable Commercial Developments & Projects

Versailles is witnessing several exciting development projects that enhance its CRE landscape:

• Mixed-Use Developments: Integrating residential, retail, and office spaces.
• Innovation Parks: Fostering research and development activities.
• Opportunity Zones: Leveraging tax incentives for new investments.

For detailed plans, visit the Versailles Planning Department.

Building Permits, Planning, and Development Tools

Developers and investors can access various resources to facilitate their projects:

• Versailles Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Stay informed with comprehensive data and insights:

• U.S. Census Bureau Data
• Darke County Open Data Portal
• Economic impact reports available through local agencies.

Brevitas utilizes AI-driven aggregation from public data and internal insights. Explore our Brevitas-powered dashboards for more detailed analysis.

Why Use Brevitas for Versailles, Ohio CRE?

Brevitas offers unparalleled features for CRE professionals in Versailles:

• AI-Driven CRE Discovery: Access the latest opportunities with real-time market alerts.
• Smart Property Pages & Dealroom Collaboration: Enhance your listings with auto-generated pages and collaborative tools.
• Integration with Brokers and Developers: Seamless connections with industry professionals.
• Exclusive Listings & Premium Exposure: Maximize your property's visibility.

Experience the power of Brevitas and elevate your commercial real estate strategy in Versailles, Ohio.