Oak Hill, West Virginia: A Premier Destination for Commercial Real Estate

Introduction

Oak Hill, West Virginia, is emerging as a promising destination for commercial real estate (CRE). Nestled in Fayette County, this city combines a small-town charm with strategic economic opportunities, making it an attractive location for industries and businesses. With a population of approximately 8,000 residents, Oak Hill boasts a diverse economy that includes tourism, healthcare, and retail. Its unique positioning near major transportation routes enhances its appeal in the CRE market.

Economic and Industry Overview

Oak Hill's economy is driven by several key industries that foster demand for various commercial property types:

• Tourism and Recreation: Proximity to the New River Gorge National Park supports a thriving tourism sector, increasing the demand for retail and hospitality spaces.
• Healthcare: Fayette County’s healthcare facilities contribute to the demand for medical office buildings and related infrastructure.
• Retail: The city’s retail sector is buoyed by both local shopping needs and tourism-related commerce.

Regional economic development initiatives, such as those spearheaded by the Fayette County Chamber of Commerce, aim to further enhance the business environment and CRE opportunities in Oak Hill.

Strategic Location and Transportation Infrastructure

Oak Hill’s strategic location offers significant logistical advantages:

• Highways: The city is accessible via U.S. Route 19, facilitating north-south movement across the state.
• Airports: The Raleigh County Memorial Airport, located approximately 30 miles away, provides regional air connectivity.
• Rail Lines: Close proximity to CSX rail lines supports freight and logistics operations.

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

Commercial Real Estate Inventory & Zoning

Oak Hill's CRE landscape includes several key submarkets and asset classes:

• Downtown District: Focused on retail and office spaces.
• Industrial Corridors: Located on the outskirts, supporting manufacturing and logistics operations.
• Zoning: The city offers incentives for developers, particularly in designated Opportunity Zones.

For zoning maps and parcel details, explore the City of Oak Hill Zoning Maps.

Major Employers and Institutions

Significant employers and institutions in Oak Hill contribute to CRE demand:

• Appalachian Regional Healthcare: A major healthcare provider in the region.
• Fayette County Schools: A substantial employer and driver of educational infrastructure needs.

For a comprehensive list of employers, visit the Fayette County Economic Development Authority.

Notable Commercial Developments & Projects

Several notable development projects are reshaping Oak Hill’s commercial landscape:

• Mixed-Use Developments: New projects that combine retail, office, and residential spaces.
• Public-Private Partnerships: Initiatives that enhance infrastructure and development in Opportunity Zones.

For more details, refer to the Oak Hill Planning Department.

Building Permits, Planning, and Development Tools

Resources for developers and investors in Oak Hill include:

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

Market Data & Economic Reports

Public data sets and economic reports provide insights into Oak Hill’s CRE market:

• U.S. Census Bureau: Census.gov
• Oak Hill’s Open Data Portal: Explore local statistics for informed investment decisions.

Brevitas utilizes AI-powered aggregation from public data and internal insights to deliver comprehensive market intelligence. Explore Brevitas-powered dashboards for Oak Hill here.

Why Use Brevitas for Oak Hill, West Virginia CRE?

Brevitas offers a suite of advanced tools for CRE professionals:

• AI-Driven Discovery: Find properties that match your investment criteria.
• Real-Time Market Alerts: Stay informed about new opportunities.
• Smart Property Pages: Access detailed property information.
• Dealroom Collaboration: Collaborate with stakeholders efficiently.

Brevitas also provides features like auto-generated listing pages, integration with brokers and developers, exclusive listings, and premium exposure, making it the go-to platform for Oak Hill, West Virginia commercial real estate.