Smithfield, Virginia Commercial Real Estate 1 Listing

Smithfield, Virginia: A Premier Destination for Commercial Real Estate

Introduction

Smithfield, Virginia, is increasingly recognized as a strategic hub for commercial real estate (CRE) investments. Nestled in Isle of Wight County, Smithfield is a small yet economically vibrant town, renowned for its robust agribusiness and manufacturing industries. This unique positioning, combined with its proximity to larger metropolitan areas, makes Smithfield an attractive destination for CRE professionals looking to capitalize on diverse opportunities in office, industrial, and retail sectors.

Economic and Industry Overview

Smithfield's economy is largely driven by its agribusiness sector, with Smithfield Foods, the largest pork producer and processor in the world, headquartered here. This industry anchor creates a substantial demand for industrial and logistics properties. Additionally, the town's manufacturing and food processing industries further bolster the need for commercial spaces. The Isle of Wight County Economic Development website provides further insights into regional initiatives and partnerships aimed at fostering economic growth and CRE demand.

Strategic Location and Transportation Infrastructure

Smithfield benefits from strategic access to major transportation networks. It is conveniently located near major highways, including U.S. Route 258 and State Route 10, facilitating easy access to the ports of Hampton Roads. The proximity to Newport News/Williamsburg International Airport and the Port of Virginia offers significant logistical advantages for businesses engaged in distribution and trade. For detailed transportation infrastructure information, visit the Virginia Department of Transportation's website.

Commercial Real Estate Inventory & Zoning

Smithfield's commercial real estate landscape is characterized by a mix of industrial corridors, retail centers, and office spaces. The Smithfield Industrial Park is a key submarket, offering prime industrial and flex space opportunities. Recent zoning changes have introduced incentives for developers focusing on mixed-use projects, enhancing the potential for innovative commercial developments. For zoning maps and parcel viewers, you can refer to the Isle of Wight County GIS Mapping.

Major Employers and Institutions

Smithfield Foods remains the town's largest employer, significantly driving industrial space demand. Other notable employers include Keurig Dr Pepper and the Isle of Wight County School System. These institutions create a stable workforce and contribute to a consistent demand for commercial real estate. For a comprehensive list of major employers, visit the Smithfield Economic Development website.

Notable Commercial Developments & Projects

Smithfield is witnessing several notable commercial developments, including the revitalization of its historic downtown area. The Smithfield Innovation Park is set to become a mixed-use development that combines retail, office, and residential components, highlighting the town's commitment to sustainable growth. For more information, visit the Smithfield Planning Department.

Building Permits, Planning, and Development Tools

For those interested in developing or investing in Smithfield's commercial real estate, the following resources are invaluable:

Market Data & Economic Reports

Smithfield's economic landscape is supported by data from public sources like census.gov and the town's own open data portal. Insights from these reports, combined with Brevitas's AI-powered aggregation, provide a comprehensive view of the local CRE market. Explore Brevitas-powered dashboards for Smithfield here.

Why Use Brevitas for Smithfield, Virginia CRE?

Brevitas offers unparalleled tools for CRE discovery in Smithfield, Virginia, leveraging AI-driven data insights, real-time market alerts, and smart property pages. Our platform supports dealroom collaboration with features like:

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

Experience the future of commercial real estate with Brevitas in Smithfield, Virginia.

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