Hereford, Texas Commercial Real Estate 1 Listing
Hereford, Texas: A Premier Destination for Commercial Real Estate
Introduction
Hereford, Texas, known as the "Beef Capital of the World," is a burgeoning hub for commercial real estate (CRE) investors. Nestled in the Texas Panhandle, Hereford boasts a robust agricultural economy, powered by its significant cattle industry and related agribusinesses. With a population of approximately 15,000, this city offers unique CRE opportunities, particularly in industrial and agricultural facilities, promising growth for developers and investors alike.
Economic and Industry Overview
Hereford's economy is primarily driven by agriculture, with a strong emphasis on cattle ranching, dairy production, and feedlots. This industry cluster fuels demand for industrial and agribusiness properties. The city is also seeing growth in logistics and distribution sectors due to its strategic location. The Hereford Economic Development Corporation works to enhance business opportunities, supporting initiatives that bolster CRE growth.
Strategic Location and Transportation Infrastructure
Hereford benefits from a strategic position with access to major transportation routes. U.S. Highway 60 traverses the city, facilitating efficient cargo movement. The BNSF Railway provides vital rail connectivity, enhancing logistics operations. While Hereford does not have an airport, the nearby Rick Husband Amarillo International Airport caters to broader transportation needs. These infrastructures position Hereford as a logistical advantage for distribution networks and labor accessibility.
Commercial Real Estate Inventory & Zoning
Hereford's commercial real estate landscape features diverse submarkets, including industrial corridors and emerging innovation districts. Key asset classes include industrial warehouses, retail spaces, and office properties. The city offers zoning incentives to attract developers, with details available on the City of Hereford Zoning Map. These incentives include tax abatements and streamlined permitting processes, enhancing the city's CRE appeal.
Major Employers and Institutions
The top employers in Hereford include: - Cargill Meat Solutions: A major player in beef processing, significantly impacting the industrial real estate market. - Hereford Independent School District: Employs a large number of residents, driving demand for commercial services. - Deaf Smith County Hospital District: Supports demand for medical office spaces.
For a comprehensive list of employers, visit the Hereford Business Directory.
Notable Commercial Developments & Projects
Hereford is witnessing substantial developments, including mixed-use projects and industrial park expansions. The city is also exploring Opportunity Zones, providing tax incentives to investors. For detailed project maps and planning documents, refer to the Hereford City Planning Department.
Building Permits, Planning, and Development Tools
- City of Hereford Building and Safety Department provides guidelines on obtaining necessary permits.
- Access the Hereford Permitting Portal for streamlined application processes.
- Explore the Hereford GIS Parcel Viewer for property insights.
- Review the Development Code for comprehensive planning requirements.
Market Data & Economic Reports
Explore public datasets and economic reports through census.gov and Hereford’s Open Data Portal. Brevitas leverages AI-powered data aggregation, combining public data with internal insights to provide a competitive edge. Discover detailed Brevitas-powered market dashboards for Hereford here.
Why Use Brevitas for Hereford, Texas CRE?
Brevitas delivers AI-driven CRE discovery, offering: - Real-time market alerts - Smart property pages - Dealroom collaboration
Our platform features auto-generated listing pages, email and landing page tools, integration with brokers and developers, exclusive listings, and premium exposure. Brevitas stands as the go-to marketplace for Hereford, Texas commercial real estate, driving success for investors and brokers in this vibrant market. Explore Hereford's CRE opportunities with Brevitas today!
