Commerce, Oklahoma: A Premier Destination for Commercial Real Estate

Introduction

Commerce, Oklahoma, offers a unique landscape for commercial real estate (CRE) opportunities, with a strategic location and a robust economic foundation. Despite being a smaller city, Commerce's proximity to key regional markets and its industry clusters make it a compelling hub for CRE investments. Focusing on industries like logistics and manufacturing, Commerce provides a fertile ground for various commercial property types, from industrial and retail spaces to office developments.

Economic and Industry Overview

Commerce is driven by a diverse economy with significant emphasis on logistics and manufacturing. The city's strategic location, near major transportation routes, enhances its appeal for industrial and distribution centers. The presence of these industries boosts the demand for industrial and warehouse spaces. Local economic development initiatives aim to further bolster these sectors, ensuring continuous growth and investment opportunities.

Strategic Location and Transportation Infrastructure

Commerce benefits from excellent transportation infrastructure, facilitating easy access to regional and national markets:

• Highways: Commerce is conveniently located near U.S. Route 69 and State Highway 10, providing direct routes to larger cities and trade centers.
• Rail Lines: The city is served by major rail lines, which enhance its logistics capabilities.
• Airports: While Commerce doesn't host a major airport, it is in proximity to regional airports offering cargo and passenger services.

These logistical advantages make Commerce an ideal location for businesses requiring efficient distribution and access to a skilled labor pool. For more details, visit the Oklahoma Department of Transportation.

Commercial Real Estate Inventory & Zoning

Commerce features several distinct CRE submarkets:

• Industrial Corridors: Ideal for warehousing and logistics businesses.
• Retail Spaces: Concentrated in the downtown area, offering opportunities for small businesses and national retailers.
• Office and Flex Spaces: Emerging in response to growing business services and tech startups.

The city actively supports development through zoning incentives and overlays, encouraging new projects. For zoning maps and parcel viewers, visit the City of Commerce's Planning Department.

Major Employers and Institutions

Commerce hosts several major employers that drive CRE demand:

• Eagle-Picher Technologies: A leader in battery manufacturing, significantly contributing to the industrial real estate market.
• Local Educational Institutions: While not a university hub, the presence of community colleges boosts demand for office and service industries.

For a comprehensive list of employers, explore the Commerce Business Directory.

Notable Commercial Developments & Projects

Commerce is witnessing several large-scale developments, including:

• Mixed-use Developments: Projects combining residential, retail, and office spaces.
• Opportunity Zones: Encouraging investments with tax incentives.

Public-private partnerships further enhance development prospects. For more information, refer to the Commerce Planning Department's Site Maps.

Building Permits, Planning, and Development Tools

Commerce provides comprehensive resources for developers:

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

These tools streamline the process of acquiring permits and planning new developments.

Market Data & Economic Reports

Access public data sets for informed CRE decisions:

• U.S. Census Bureau
• Commerce Open Data Portal
• Economic Impact Reports

Leverage Brevitas's AI-powered aggregation and insights to explore Commerce's Real Estate Market.

Why Use Brevitas for Commerce, Oklahoma CRE?

Brevitas offers a robust suite of tools tailored for Commerce, Oklahoma's CRE market:

• AI-Driven CRE Discovery: Find properties that match your criteria with precision.
• Real-Time Market Alerts: Stay updated with the latest market developments.
• Smart Property Pages & Dealroom Collaboration: Enhance your property presentations and collaboration.
• Exclusive Listings & Premium Exposure: Gain access to listings not available elsewhere.

Explore these features and more by integrating Brevitas into your CRE strategy in Commerce, Oklahoma.

By focusing on Commerce, Oklahoma's strategic advantages and economic opportunities, this page serves as a comprehensive guide for CRE professionals seeking to capitalize on this promising market.