Bartlesville, Oklahoma Commercial Real Estate 1 Listing

Bartlesville, Oklahoma: A Premier Destination for Commercial Real Estate

Introduction

Bartlesville, Oklahoma, presents a compelling opportunity for commercial real estate (CRE) investment. With a population of approximately 37,000, Bartlesville is strategically positioned within the northeastern region of Oklahoma, offering a vibrant economic landscape fueled by diverse industries. Known for its rich history in the energy sector, Bartlesville has evolved into a hub for industries such as healthcare, finance, and technology, making it an attractive market for various CRE asset classes.

Economic and Industry Overview

Bartlesville's economy is anchored by several key industries that drive demand for commercial real estate:

Energy Sector: Historically, Bartlesville has been a significant player in the oil industry, with companies like Phillips 66 maintaining a substantial presence. This continues to drive demand for office spaces and industrial sites.
Healthcare: The healthcare sector is rapidly growing, necessitating medical office spaces and support facilities.
Finance and Technology: With the presence of financial services firms and tech companies, there is a strong demand for modern office spaces and innovation hubs.

Regional economic development initiatives support these industries, including the Bartlesville Development Corporation, which provides resources for business growth and relocation.

Strategic Location and Transportation Infrastructure

Bartlesville boasts a strategic location with access to major transportation networks:

Highways: U.S. Route 75 and State Highway 60 facilitate efficient road transport.
Airports: The Bartlesville Municipal Airport provides general aviation services, while Tulsa International Airport, approximately 50 miles away, offers commercial flights.
Rail Lines: The city is served by major rail lines, enhancing its logistical capabilities for distribution.

These transportation assets position Bartlesville as a prime location for businesses requiring efficient access to regional and national markets. For more information, visit the Oklahoma Department of Transportation.

Commercial Real Estate Inventory & Zoning

Bartlesville's CRE landscape is diverse, comprising several submarkets:

Central Business District (CBD): Home to major office buildings and corporate headquarters.
Industrial Corridors: Located primarily on the outskirts, these areas support manufacturing and logistics businesses.
Retail Hubs: Scattered throughout the city, offering opportunities for retail development.

Recent zoning incentives and overlays have been implemented to encourage development. Interested parties can explore the Bartlesville Zoning Map for detailed information.

Major Employers and Institutions

Bartlesville is home to several top employers and institutions that drive CRE demand:

Phillips 66: A major energy company with significant operations in the city.
ConocoPhillips: Another energy giant with a strong local presence.
Oklahoma Wesleyan University: A leading educational institution contributing to the demand for multifamily and retail properties.

For a comprehensive list, refer to the Bartlesville Economic Development Directory.

Notable Commercial Developments & Projects

Bartlesville is witnessing significant commercial development projects, including:

Mixed-use Developments: Projects like the revitalization of downtown Bartlesville are underway.
Opportunity Zones: Specific areas designated for economic revitalization through tax incentives.

Further details can be found on the Bartlesville Planning Department website.

Building Permits, Planning, and Development Tools

For developers and investors, Bartlesville offers a suite of tools:

Market Data & Economic Reports

Bartlesville's economic and market data can be accessed through public datasets such as census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights to provide users with comprehensive market intelligence. Explore Brevitas-powered dashboards for Bartlesville here.