Pecos, Texas Commercial Real Estate 1 Listing

Pecos, Texas: A Premier Destination for Commercial Real Estate

Introduction

Pecos, Texas, is a burgeoning hub for commercial real estate (CRE) investment, offering unique opportunities for stakeholders in the industry. As a city with a population of approximately 10,000, Pecos stands out due to its strategic location in the Permian Basin, a region renowned for its oil and gas production. This economic foundation, coupled with emerging industry clusters, positions Pecos as an attractive destination for CRE professionals looking to capitalize on growth in office, industrial, and retail spaces.

Economic and Industry Overview

Pecos's economy is primarily driven by the energy sector, specifically oil and gas, which demands substantial industrial and office space. The city is seeing increased diversification with the advent of logistics and transportation services, spurring demand for warehouse and distribution centers. The Pecos Economic Development Corporation plays a pivotal role in fostering business growth and attracting new industries.

Strategic Location and Transportation Infrastructure

Pecos is strategically situated with access to major highways such as Interstate 20 and U.S. Route 285, facilitating efficient logistics and distribution. The Pecos Municipal Airport offers regional connectivity, enhancing the city’s appeal for businesses reliant on fast transportation links. The proximity to the Mexico–U.S. border also provides significant advantages for companies engaged in cross-border trade. For more detailed transportation information, visit the Texas Department of Transportation website.

Commercial Real Estate Inventory & Zoning

Pecos's CRE landscape is diverse, featuring key submarkets such as the Central Business District (CBD) and expanding industrial corridors. Notable asset classes include industrial and retail spaces, with increasing interest in flex and office properties. Recent zoning changes have introduced incentives for developers in designated Opportunity Zones. For zoning maps and parcel viewers, access the City of Pecos Zoning resources.

Major Employers and Institutions

The economic fabric of Pecos is supported by major employers such as Halliburton and Schlumberger, which drive demand for commercial real estate. Educational institutions and government centers also contribute to CRE needs. For a comprehensive list of top employers, refer to the Pecos Economic Development Corporation directory.

Notable Commercial Developments & Projects

Pecos is witnessing significant commercial developments, including mixed-use projects and industrial parks. The city is also exploring public-private partnerships to enhance its infrastructure. The presence of designated Opportunity Zones offers additional incentives for developers. Details on planning and approved site maps can be found at the City Planning Department.

Building Permits, Planning, and Development Tools

For all building and safety requirements, access the Pecos Building Department. Permitting portals and GIS parcel maps are available through the Pecos GIS Viewer. Planning commission updates and development codes can be viewed on the Pecos Planning Commission page.

Market Data & Economic Reports

Publicly available data sets from Census.gov and Pecos’s open data portal offer valuable insights into the city’s economic landscape. Brevitas leverages AI-powered aggregation from these sources to provide comprehensive CRE insights. Explore Brevitas-powered dashboards for Pecos here.