Hico, Texas Commercial Real Estate 1 Listing

Hico, Texas: A Premier Destination for Commercial Real Estate

Introduction

Hico, Texas, though a small city, offers a compelling opportunity for commercial real estate (CRE) investment. With its strategic location in Central Texas and a growing economy centered around agriculture and small-scale manufacturing, Hico is attracting attention from savvy investors. The city's unique positioning makes it a potential hub for various CRE asset classes, including industrial, retail, and office spaces.

Economic and Industry Overview

Hico’s economy is predominantly supported by agriculture and small manufacturing industries. The city has seen a gradual increase in demand for industrial properties as local businesses expand their operations. The presence of regional economic development agencies, such as the Texas Economic Development Corporation, supports business growth and infrastructure improvement, enhancing Hico's appeal for CRE investment.

Strategic Location and Transportation Infrastructure

Hico is strategically located with access to major highways such as US Highway 281 and State Highway 6, providing excellent connectivity for logistics and distribution. Although the city does not have its own airport, it is within a reasonable distance of regional airports such as Waco Regional Airport and Stephenville Clark Regional Airport. This proximity offers logistical advantages for distribution and access to labor pools. For more information on transportation infrastructure, visit the Texas Department of Transportation.

Commercial Real Estate Inventory & Zoning

Hico’s commercial real estate inventory is diverse, with opportunities for investment in industrial corridors and the central business district. Key asset classes include:

Industrial: Growing demand due to local manufacturing.
Retail: Opportunities in the downtown area.
Office: Suitable for small businesses and startups.

The city’s zoning regulations support commercial development, with incentives available for certain projects. For detailed zoning maps and parcel viewers, refer to the City of Hico Planning and Zoning.

Major Employers and Institutions

Hico's commercial real estate demand is driven by a few key employers, including local manufacturing companies and agricultural businesses. While the city lacks major universities, it benefits from nearby institutions in larger cities. For a comprehensive business directory, visit the Hico Chamber of Commerce.

Notable Commercial Developments & Projects

Hico is witnessing several commercial developments, including mixed-use projects and small innovation parks. Public-private partnerships are instrumental in these developments, creating Opportunity Zones that attract investors. For more information on planning and site maps, visit the Hico Planning Department.

Building Permits, Planning, and Development Tools

Investors can access essential resources through the following links:

Market Data & Economic Reports

Hico’s economic landscape is supported by publicly available data sets, including those from census.gov. Brevitas utilizes AI-powered aggregation from such public data and internal insights to provide comprehensive market intelligence. Explore Brevitas-powered dashboards for Hico, Texas here.

Why Use Brevitas for Hico, Texas CRE?

Brevitas offers an unparalleled platform for discovering CRE opportunities in Hico, Texas. With AI-driven CRE discovery, real-time market alerts, smart property pages, and dealroom collaboration, Brevitas is tailored for investors and brokers. Key features include: