Parksley, Virginia Commercial Real Estate 1 Listing

Parksley, Virginia: A Premier Destination for Commercial Real Estate

Introduction

Parksley, Virginia, offers a compelling landscape for commercial real estate (CRE) investment with its strategic positioning on the Eastern Shore. Although a small town, Parksley serves as a vital hub in Accomack County, with a burgeoning economy driven by agriculture, retail, and emerging sectors. The town’s unique blend of rural charm and economic potential makes it an attractive destination for CRE professionals seeking opportunities in office, retail, and industrial properties.

Economic and Industry Overview

Parksley’s economy is predominantly anchored in agriculture, with the surrounding region known for its poultry and crop production. This agricultural base drives demand for industrial and logistics properties. Additionally, the retail sector is expanding, spurred by local businesses and regional visitors. Economic development initiatives by Accomack County aim to diversify the economy, focusing on technology and renewable energy sectors, enhancing the demand for office and flex spaces.

Strategic Location and Transportation Infrastructure

Parksley benefits from its proximity to major transportation routes, enhancing its appeal for logistics and distribution. The town is accessible via U.S. Route 13, which connects to key markets in Maryland and Virginia. While Parksley does not have a major airport, the nearby Accomack County Airport facilitates regional travel. The town's strategic location provides access to labor pools and is an advantage for businesses seeking distribution hubs. For more information, visit the Virginia Department of Transportation.

Commercial Real Estate Inventory & Zoning

Parksley’s commercial real estate market is characterized by its industrial corridors and emerging retail spaces. The town center serves as the primary retail hub, while outlying areas accommodate industrial and office properties. Recent zoning changes aim to encourage mixed-use developments, offering incentives for developers to revitalize the downtown area. For detailed zoning maps and parcel information, visit the Accomack County Planning and Zoning Department.

Major Employers and Institutions

Key employers in Parksley include Tyson Foods and Perdue Farms, which drive significant industrial property demand. The presence of Eastern Shore Community College provides educational and workforce development resources that support local businesses. For a comprehensive list of businesses, visit the Accomack Economic Development Authority.

Notable Commercial Developments & Projects

Parksley is witnessing several notable developments, including the revitalization of its historic downtown area into a mixed-use district. Public-private partnerships are facilitating these projects, aiming to enhance the town’s economic landscape. Parksley is also part of a designated Opportunity Zone, offering tax incentives to investors. For ongoing project details, visit the Accomack County Planning Commission.

Building Permits, Planning, and Development Tools

For developers interested in Parksley, the following resources are essential:

Market Data & Economic Reports

Access to comprehensive market data is available through public sources such as census.gov and the Virginia Employment Commission. Brevitas leverages AI-powered aggregation from these sources to provide detailed insights. Explore our Brevitas-powered dashboards for Parksley here.

Why Use Brevitas for Parksley, Virginia CRE?

Brevitas offers a unique platform for discovering CRE opportunities in Parksley with AI-driven tools that streamline property searches and market analysis.