McGregor, Texas Commercial Real Estate 4 Listings
McGregor, Texas: A Premier Destination for Commercial Real Estate
Introduction
McGregor, Texas, is an emerging hub for commercial real estate (CRE), located in the heart of Central Texas. With a population of approximately 5,000, McGregor is strategically positioned near major urban centers like Waco and Austin. The city's economic landscape is characterized by a diverse mix of industries, including aerospace, manufacturing, and logistics. McGregor's growth potential and unique positioning make it an attractive destination for commercial real estate investments.
Economic and Industry Overview
McGregor is home to several major industries that drive the demand for diverse commercial real estate types, including:
- Aerospace: The presence of SpaceX’s test facility has significantly boosted the local economy, creating demand for industrial and office spaces.
- Manufacturing: A strong manufacturing base supports industrial property needs.
- Logistics: Proximity to key transportation routes makes McGregor a logistics hub, increasing the demand for warehouse and distribution facilities.
The Heart of Texas Economic Development District actively supports regional economic initiatives, fostering an environment conducive to business growth and CRE development.
Strategic Location and Transportation Infrastructure
McGregor is well-served by a robust transportation network:
- Highways: Connectivity via US Highway 84 and State Highway 317 facilitates easy access to larger markets.
- Rail Lines: The Burlington Northern Santa Fe Railway offers freight services, enhancing the city’s logistical capabilities.
- Airports: McGregor Executive Airport provides regional air transport services, while Waco Regional Airport offers broader connectivity.
For more information, visit the Texas Department of Transportation.
Commercial Real Estate Inventory & Zoning
McGregor offers a variety of CRE submarkets:
- Industrial Corridors: Well-suited for manufacturing and logistics operations.
- Office Spaces: Emerging demand in response to the growing aerospace sector.
- Retail Developments: Increasing local and regional consumer base.
Recent zoning updates provide incentives for developers, including potential tax abatements. Explore the City of McGregor’s Zoning Maps for detailed information.
Major Employers and Institutions
Key employers and institutions bolster McGregor’s CRE market:
- SpaceX: A major player in the aerospace industry, driving demand for industrial and office spaces.
- McGregor Independent School District: Significant local employer contributing to community stability.
- Local Government: Municipal offices contribute to demand for office spaces.
Visit the McGregor Economic Development Corporation for more insights into local businesses.
Notable Commercial Developments & Projects
McGregor is witnessing several large-scale developments:
- Innovation Parks: Planned mixed-use developments to foster business and community growth.
- Opportunity Zones: Designated areas providing tax incentives for new developments.
Access detailed plans via the City of McGregor Planning Department.
Building Permits, Planning, and Development Tools
For developers looking to invest in McGregor, the following resources are essential:
- Building and Safety Department
- Permitting Portal
- Parcel Map Viewer/GIS
- Planning Commission
- Development Code
Market Data & Economic Reports
Access public data sets for informed decision-making:
Brevitas utilizes AI-powered aggregation of public data and proprietary insights. Explore Brevitas-powered dashboards for McGregor here.
Why Use Brevitas for McGregor, Texas CRE?
Brevitas offers cutting-edge tools for CRE professionals:
- AI-Driven Discovery: Efficiently locate the best properties.
- Real-Time Market Alerts: Stay informed with the latest market trends.
- Smart Property Pages & Dealroom Collaboration: Simplify transactions and communication.
Unique features include:
- Auto-generated listing pages
- Email and landing page tools
- Integration with brokers and developers
- Exclusive listings and premium exposure
Explore the full potential of McGregor, Texas, commercial real estate with Brevitas.
88.744 of Development Land on US Highway 84
