Spur, Texas Commercial Real Estate 0 Listings
Spur, Texas: A Premier Destination for Commercial Real Estate
Introduction
Spur, Texas, though a small city, stands as a unique destination for commercial real estate (CRE) opportunities. Nestled in Dickens County, Spur offers a strategic advantage for industries seeking a blend of rural charm and CRE potential. While the city is modest in size, its economy is rooted in agriculture and ranching, with opportunities for growth in logistics and light manufacturing due to its strategic location.
Economic and Industry Overview
Spur's economy is primarily driven by agriculture, with significant contributions from ranching and farming. The demand for commercial properties in Spur is largely influenced by these sectors, with potential growth in industrial and logistics spaces. Local economic initiatives aim to diversify the economy by attracting small manufacturing and distribution businesses.
- Key Industries: Agriculture, Ranching, Light Manufacturing
- Economic Initiatives: Focus on diversification and attracting small-scale industries
Strategic Location and Transportation Infrastructure
Spur benefits from its strategic location in West Texas, providing logistical advantages for distribution and access to labor pools. Key transportation infrastructure includes:
- Highways: Proximity to U.S. Route 70 and State Highway Spur 21, facilitating east-west transportation.
- Rail Access: Limited but with potential for expansion to support industrial growth.
- Airports: Closest major airport is Lubbock Preston Smith International Airport, approximately 75 miles away, offering regional and national connectivity.
For more details, visit the Texas Department of Transportation.
Commercial Real Estate Inventory & Zoning
Spur's commercial real estate landscape is characterized by:
- Submarkets: Central Business District (CBD), agricultural and industrial zones.
- Asset Classes: Industrial, retail, and office spaces, with potential for development in flex spaces.
- Zoning: Recent initiatives aim to streamline zoning processes to encourage development. Check the City of Spur Zoning Map for more information.
Major Employers and Institutions
While Spur does not host large corporate headquarters, its economy is supported by key local employers:
- Major Employers: Local agricultural businesses and small manufacturing firms.
- Institutions: Spur Independent School District, which impacts local CRE demand for educational and administrative spaces.
Explore the City of Spur Business Directory for more details.
Notable Commercial Developments & Projects
Spur is witnessing several small-scale development projects aimed at enhancing its CRE landscape:
- Development Projects: Initiatives to develop mixed-use spaces and small industrial parks.
- Opportunity Zones: Parts of Spur are designated as Opportunity Zones, providing tax incentives for developers.
Refer to the Spur Planning Department for project details.
Building Permits, Planning, and Development Tools
For developers and investors, Spur offers several resources for navigating building permits and planning:
- City’s Building and Safety Department
- Permitting Portals
- Parcel Map Viewer / GIS
- Planning Commission
- Development Code
Market Data & Economic Reports
Access public data sets and economic reports to gain insights into Spur's CRE market:
- Census Data
- Spur's Open Data Portal (if available)
Brevitas utilizes AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Spur for detailed market analysis.
Why Use Brevitas for Spur, Texas CRE?
Brevitas provides a comprehensive platform for navigating Spur's CRE market with:
- AI-driven CRE Discovery: Real-time market alerts and smart property pages.
- Exclusive Features: Auto-generated listing pages, email tools, and integration with brokers.
- Premium Exposure: Access exclusive listings and enhance property visibility.
Discover how Brevitas can transform your CRE experience in Spur, Texas.
