Waterford, Wisconsin: A Premier Destination for Commercial Real Estate

Introduction

Waterford, Wisconsin, located in Racine County, presents a unique and appealing landscape for commercial real estate (CRE) investors and professionals. As a small yet strategically positioned city, Waterford offers a blend of economic stability and growth potential. With a robust local economy anchored by diverse industries, Waterford stands out as a prime location for office spaces, industrial properties, and retail developments.

Economic and Industry Overview

Waterford's economy is characterized by its diverse industry clusters, including manufacturing, agriculture, and retail. The presence of these industries drives demand for various commercial property types:

• Manufacturing: The manufacturing sector in Waterford is thriving, necessitating industrial spaces and warehouses.
• Agriculture: As a significant contributor to the local economy, agriculture supports the need for logistics and distribution facilities.
• Retail: With a growing population, retail spaces are in demand to cater to local consumers.

Regional economic development initiatives, such as those by the Racine County Economic Development Corporation, are focused on bolstering these industries, further enhancing Waterford's CRE market.

Strategic Location and Transportation Infrastructure

Waterford benefits from its strategic location and robust transportation infrastructure:

• Highways: Proximity to major highways like I-43 and I-94 facilitates easy access to Milwaukee and Chicago, enhancing distribution capabilities.
• Airports: The city is within reach of General Mitchell International Airport in Milwaukee, providing logistical advantages for business travel and cargo.
• Rail Lines: Access to regional rail lines supports industrial and manufacturing operations.

These transportation assets make Waterford an attractive hub for distribution and logistics, linking to larger markets and labor pools.

Commercial Real Estate Inventory & Zoning

Waterford's commercial real estate landscape is diverse, encompassing:

• Submarkets: The downtown area serves as the central business district (CBD), while industrial corridors are located on the outskirts.
• Asset Classes: Key properties include industrial, retail, and office spaces, with emerging interest in medical and flex spaces.
• Zoning: Recent zoning updates have incentivized mixed-use developments and commercial growth. Access Waterford's zoning maps for detailed information.

Major Employers and Institutions

The city's economy is supported by major employers and institutions:

• Top Employers: Significant employers include local manufacturing firms and agricultural enterprises.
• Educational Institutions: Waterford Union High School is a notable educational institution that supports the local workforce.

For a comprehensive list of employers, visit the Racine County Business Directory.

Notable Commercial Developments & Projects

Waterford is witnessing several large-scale commercial developments:

• Mixed-Use Projects: Recent projects include mixed-use developments that combine retail, office, and residential spaces.
• Opportunity Zones: Designated Opportunity Zones offer tax incentives for investors and developers.

For details on ongoing projects, refer to the Waterford Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Waterford provides several resources:

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

Market Data & Economic Reports

Waterford offers access to valuable market data and economic reports:

• Public Data Sets: Utilize resources like census.gov for demographic and economic data.
• Reports: Economic impact reports are available from the Racine County Economic Development Corporation.

Brevitas leverages AI-powered aggregation of these public data points, allowing users to explore dynamic Brevitas-powered dashboards for Waterford.

Why Use Brevitas for Waterford, Wisconsin CRE?

Brevitas offers unparalleled tools and insights for CRE professionals in Waterford:

• AI-Driven Discovery: Benefit from AI-powered CRE discovery and real-time market alerts.
• Smart Property Pages: Auto-generated listing pages provide comprehensive property insights.
• Dealroom Collaboration: Facilitate seamless collaboration with brokers and developers.
• Exclusive Listings: Gain premium exposure with exclusive listings and integrated marketing tools.

Explore how Brevitas can enhance your commercial real estate endeavors in Waterford, Wisconsin, by visiting Brevitas.