Andrews, Texas Commercial Real Estate 0 Listings
Andrews, Texas: A Premier Destination for Commercial Real Estate
Introduction
Andrews, Texas, presents a compelling landscape for commercial real estate (CRE) professionals, offering a robust small-town economy with significant opportunities in various sectors. With a population of approximately 14,000, Andrews is strategically positioned in the Permian Basin, a region renowned for its oil and gas industry. This economic backbone, combined with the city's strategic location and transportation infrastructure, makes Andrews a noteworthy hub for CRE investments in West Texas.
Economic and Industry Overview
Andrews' economy is predominantly driven by the oil and gas sector, which fuels demand for industrial and office spaces. The presence of major energy companies and supporting service firms creates a continuous need for logistics, storage, and business facilities. Additionally, the agriculture and renewable energy sectors are emerging, offering diversification and new CRE opportunities. The Andrews Economic Development Corporation actively promotes growth and supports initiatives that further the city's economic landscape.
Strategic Location and Transportation Infrastructure
Andrews benefits from its proximity to major transportation routes, enhancing its logistical advantages. Key highways, such as U.S. Highway 385 and State Highway 176, facilitate efficient distribution and access to labor pools. Although Andrews does not have a major airport, it is within reasonable distance from Midland International Air & Space Port, which supports regional connectivity. For more detailed information, the Texas Department of Transportation provides comprehensive resources.
Commercial Real Estate Inventory & Zoning
The CRE landscape in Andrews encompasses several submarkets, including industrial corridors and retail zones. Key asset classes comprise industrial warehouses, retail spaces, and office buildings. Notably, the city has implemented zoning incentives to attract developers, including tax abatements and expedited permitting processes. Interested parties can explore the City of Andrews Zoning Map for detailed zoning information.
Major Employers and Institutions
Andrews hosts several major employers that drive demand for commercial real estate, including energy giants like Chevron and Schlumberger, as well as supporting service companies. The Andrews Chamber of Commerce provides a comprehensive directory of local businesses and economic resources.
Notable Commercial Developments & Projects
Andrews is witnessing significant commercial developments, including mixed-use projects and public-private partnerships aimed at revitalizing downtown areas. The city's designation within certain Opportunity Zones further enhances its attractiveness for investors seeking tax incentives. Details of ongoing projects can be accessed through the Andrews Planning Department.
Building Permits, Planning, and Development Tools
For developers and investors, Andrews provides a range of tools and resources to streamline the building process. Key links include the City of Andrews Building and Safety Department, Permitting Portal, Parcel Map Viewer, and the Planning Commission.
Market Data & Economic Reports
Comprehensive market data and economic insights are crucial for informed investment decisions. Public datasets, such as those from census.gov, offer valuable demographics and economic reports. Brevitas leverages AI-powered aggregation to provide real-time market insights, enhancing your investment strategies. Explore Brevitas-powered dashboards for Andrews to access the latest CRE trends.
Why Use Brevitas for Andrews, Texas CRE?
Brevitas is your partner in navigating the Andrews CRE market with advanced AI-driven discovery tools, real-time market alerts, and collaborative dealroom features. Our platform offers:
- Auto-generated listing pages
- Email and landing page tools
- Integration with brokers and developers
- Exclusive listings and premium exposure
Harness the power of Brevitas for your commercial real estate ventures in Andrews, Texas, and experience a seamless, data-driven approach to CRE investment.
