Lebanon, Virginia Commercial Real Estate 1 Listing

Lebanon, Virginia: A Premier Destination for Commercial Real Estate

Introduction

Lebanon, Virginia, is an emerging hotspot for commercial real estate, offering a strategic location and a diverse economic base. With a small-town charm and a population of approximately 3,000, Lebanon is situated in Russell County, known for its rich history and robust economic potential. The city's commercial real estate appeal is driven by its thriving industries such as energy, healthcare, and manufacturing, making it a unique and attractive market for investors and developers.

Economic and Industry Overview

Lebanon's economy is anchored by key industries including energy, healthcare, and manufacturing. These sectors create a steady demand for various commercial property types such as industrial facilities, office spaces, and retail centers. The presence of regional economic development initiatives, like the Russell County Industrial Development Authority, supports growth and investment in Lebanon's commercial real estate sector.

Strategic Location and Transportation Infrastructure

Lebanon is strategically located with access to major transportation networks, enhancing its appeal as a distribution and logistics hub. The city is served by US Route 19, which connects it to larger markets and facilitates efficient freight movement. Additionally, Lebanon is within driving distance to Tri-Cities Airport, offering further logistical advantages. For more information, you can visit the Virginia Department of Transportation website.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Lebanon is diverse, with key submarkets including its Central Business District (CBD) and industrial corridors. The city offers a mix of asset classes such as industrial, retail, and office spaces, each catering to different industry needs. Notable zoning changes and incentives for developers can be explored through the Town of Lebanon Zoning Map.

Major Employers and Institutions

Lebanon is home to several major employers that drive demand for commercial real estate. These include CGI Group Inc., a leading IT services provider, and Clinch Valley Medical Center, a key healthcare institution. Additionally, Southwest Virginia Community College serves as an educational hub, further contributing to the city's economic vitality.

Notable Commercial Developments & Projects

The city is witnessing several large-scale development projects, including mixed-use developments and innovation parks. Public-private partnerships and Opportunity Zones are actively leveraged to stimulate economic growth. For detailed project maps and planning information, you can refer to the Lebanon Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Lebanon offers a range of planning and development tools. Key resources include: - Lebanon Building and Safety Department - Permitting Portal - GIS Parcel Viewer - Lebanon Planning Commission - Development Code

Market Data & Economic Reports

Lebanon's economic landscape is supported by a range of public data sets and reports. Resources like Census.gov and the city's Open Data Portal provide valuable insights into market trends and demographics. Brevitas leverages AI-powered aggregation from these sources and internal insights, offering comprehensive dashboards for Lebanon's CRE market.

Why Use Brevitas for Lebanon, Virginia CRE?

Brevitas is your gateway to discovering commercial real estate opportunities in Lebanon, Virginia. Our platform offers: - AI-driven CRE discovery and real-time market alerts - Smart property pages and dealroom collaboration - Auto-generated listing pages and marketing tools - Integration with brokers and developers for seamless transactions - Access to exclusive listings and premium exposure