Roosevelt, Utah: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the heart of the Uintah Basin, Roosevelt, Utah, stands as a compelling destination for commercial real estate investment. With a population of approximately 6,000 residents, this dynamic city hosts a robust economy primarily driven by energy, agriculture, and retail industries. Roosevelt's strategic position as a service hub for the surrounding counties enhances its appeal for various commercial property types, making it a significant player in the regional commercial real estate (CRE) market.

Economic and Industry Overview

Roosevelt's economy is anchored by major industries such as energy, particularly oil and natural gas, alongside agriculture and retail. The presence of these industries drives significant demand for industrial, retail, and office spaces. The city's economic vitality is supported by initiatives from the Uintah Basin Economic Development, which focuses on fostering growth and attracting new businesses to the area.

Strategic Location and Transportation Infrastructure

Roosevelt is strategically located with access to major transportation networks, which enhances its logistical advantages. The city is situated along U.S. Route 40, providing direct routes to Salt Lake City and Denver. While Roosevelt doesn't have an airport within its city limits, it is conveniently served by the nearby Vernal Regional Airport. The city's proximity to major highways facilitates efficient distribution and access to a skilled labor pool. For transportation details, visit the Utah Department of Transportation.

Commercial Real Estate Inventory & Zoning

Roosevelt's commercial real estate landscape is diverse, featuring various submarkets that include industrial corridors and retail districts. Key asset classes in the area include industrial, retail, and flex spaces. The city has implemented zoning changes and overlays to encourage development, and it offers incentives for developers interested in expanding the commercial sector. Access the Roosevelt City Zoning Maps for detailed zoning information.

Major Employers and Institutions

Roosevelt is home to several major employers that significantly influence CRE demand. Top employers include the Uintah Basin Medical Center and Duchesne County School District. Additionally, educational institutions like Uintah Basin Technical College contribute to a skilled workforce. For a comprehensive list of employers, visit the Roosevelt City Business Directory.

Notable Commercial Developments & Projects

Roosevelt is witnessing several large-scale development projects, including mixed-use and master-planned communities. Public-private partnerships and designated Opportunity Zones provide lucrative investment opportunities. For detailed project information, refer to the Roosevelt City Planning Department.

Building Permits, Planning, and Development Tools

For developers and stakeholders, Roosevelt provides a range of resources to facilitate development:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Investors can access a wealth of public data sets, including economic impact reports and census data, to make informed decisions. The U.S. Census Bureau and the city's open data portal provide valuable insights. Brevitas offers AI-powered aggregation of these data sources, allowing users to explore comprehensive Brevitas-powered dashboards for in-depth market analysis.

Why Use Brevitas for Roosevelt, Utah CRE?

Brevitas stands as the premier platform for CRE discovery in Roosevelt, Utah. With AI-driven insights, real-time market alerts, and smart property pages, Brevitas enhances the investment process. Unique features include:

• Auto-generated listing pages
• Email and landing page tools
• Integration with brokers and developers
• Exclusive listings and premium exposure

Explore the unparalleled advantages of using Brevitas for your commercial real estate needs in Roosevelt, Utah.