Surry, Virginia: A Premier Destination for Commercial Real Estate

Introduction

Surry, Virginia is a compelling location for commercial real estate (CRE) investment, offering a unique blend of strategic advantages and economic potential. As a small, yet strategically located town, Surry is part of the Hampton Roads metropolitan area, known for its robust economy driven by industries such as shipbuilding, defense, and agriculture. Surry's proximity to major economic hubs and its potential for growth make it an attractive destination for CRE professionals seeking opportunities in office, industrial, and retail spaces.

Economic and Industry Overview

Surry's economy is anchored by key industries including agriculture, manufacturing, and energy. The presence of the Surry Nuclear Power Plant underscores the region's role in energy production, driving demand for industrial and office spaces. The agricultural sector, with its rich farmlands, supports agribusiness and related industrial activities. Regional economic development initiatives, such as those from the Hampton Roads Economic Development Alliance, aim to further diversify the economy and foster CRE growth.

Strategic Location and Transportation Infrastructure

Surry benefits from its strategic location within the Hampton Roads area, providing access to major transportation networks. Key logistical advantages include:

• Highways: Proximity to Route 10 and Route 31, facilitating efficient road transport.
• Ports: Access to the Port of Virginia, one of the largest ports on the East Coast, enhancing distribution capabilities.
• Airports: Nearby Newport News/Williamsburg International Airport and Norfolk International Airport offer robust air connectivity.
• Rail Lines: The presence of rail infrastructure supports freight and logistics operations.

For more details on transportation infrastructure, visit the Virginia Department of Transportation.

Commercial Real Estate Inventory & Zoning

Surry's CRE market is characterized by diverse submarkets, including industrial corridors and retail centers. Key asset classes in the area include:

• Industrial: Facilities supporting manufacturing and logistics.
• Retail: Local shopping centers and retail spaces.
• Office: Flexible office spaces catering to small and medium-sized enterprises.

Zoning regulations in Surry support various CRE developments, with incentives available for developers. Access the Surry County Zoning Map for more information.

Major Employers and Institutions

Key employers in Surry include the Surry Nuclear Power Plant and various agribusinesses. These institutions drive demand for industrial and office real estate. For a comprehensive list of employers, visit the Surry County Business Directory.

Notable Commercial Developments & Projects

Surry is home to several significant development projects, such as mixed-use developments that combine retail, office, and residential spaces. The town is also part of Opportunity Zones, offering tax incentives for investors. Detailed information can be found on the Surry County Planning and Community Development.

Building Permits, Planning, and Development Tools

For CRE development in Surry, the following resources are essential:

• Surry County Building and Safety Department
• Permitting Portal
• Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

For comprehensive market insights, public data sets such as those from census.gov and Surry's Open Data Portal are invaluable. Brevitas leverages AI-powered aggregation of public data and internal insights to provide detailed market analyses. Explore Brevitas city search for Surry, Virginia.

Why Use Brevitas for Surry, Virginia CRE?

Brevitas offers a comprehensive suite of AI-driven tools for CRE professionals in Surry, Virginia, including:

• AI-Driven Discovery: Tailored property listings based on user preferences.
• Real-Time Market Alerts: Stay informed with the latest market developments.
• Smart Property Pages: Access detailed property information and analytics.
• Dealroom Collaboration: Efficiently manage transactions with integrated tools.

Unique features such as auto-generated listing pages, email and landing page tools, and integration with brokers and developers ensure exclusive listings receive premium exposure.

For more information, visit Brevitas.