Cody, Wyoming Commercial Real Estate 3 Listings

Cody, Wyoming: A Premier Destination for Commercial Real Estate

Introduction

Cody, Wyoming, nestled in the northwestern part of the state, is rapidly emerging as a prime location for commercial real estate (CRE) investment. With its robust economy and strategic location near Yellowstone National Park, Cody offers a unique blend of commercial opportunities. The city is known for its vibrant tourism sector, energy industries, and burgeoning retail markets, making it an attractive destination for diverse commercial property types.

Economic and Industry Overview

Cody's economy is driven by key industries such as tourism, energy, and agriculture. The proximity to Yellowstone National Park fuels the tourism industry, which in turn drives demand for retail and hospitality properties. The energy sector, particularly oil and gas, has a significant footprint, impacting industrial and office space requirements. Local economic development initiatives, supported by the Cody Economic Development Council, are focused on diversifying the economy, which could further boost CRE demand.

Strategic Location and Transportation Infrastructure

Cody is strategically located with access to major highways such as U.S. Route 14/16/20, facilitating efficient distribution and connectivity. The Yellowstone Regional Airport, just minutes from downtown, offers commercial flights and is a key asset for businesses requiring air transport. Although Cody lacks direct rail service, its highway infrastructure provides easy access to labor pools and regional markets. For more information, visit the Wyoming Department of Transportation.

Commercial Real Estate Inventory & Zoning

Cody's commercial real estate landscape is composed of several submarkets, including the central business district (CBD) and the industrial corridors along the highway routes. Key asset classes include retail spaces in the downtown area, industrial properties near transportation hubs, and flex spaces catering to diverse business needs. Recent zoning changes have introduced incentives for developers, particularly in designated Opportunity Zones. Explore Cody's zoning maps and parcel viewer.

Major Employers and Institutions

Cody is home to major employers such as Cody Regional Health and the Buffalo Bill Center of the West, which drive demand for office and retail spaces. Educational institutions like Northwest College further contribute to the city's economic ecosystem. For a comprehensive list of Cody's top employers, visit the Cody Chamber of Commerce.

Notable Commercial Developments & Projects

Recent developments in Cody include mixed-use projects and the expansion of the Cody Labs pharmaceutical manufacturing facility. The city's participation in public-private partnerships and its designated Opportunity Zones offer lucrative opportunities for investors. Detailed planning maps and development projects can be accessed through the Cody Planning Department.

Building Permits, Planning, and Development Tools

Market Data & Economic Reports

For in-depth market data, Cody benefits from datasets available through census.gov and the city's open data portal. Brevitas utilizes AI-powered aggregation of public data and internal insights to provide comprehensive market analyses. Explore Brevitas-powered dashboards for Cody here.

Why Use Brevitas for Cody, Wyoming CRE?

Brevitas offers a cutting-edge platform for discovering CRE opportunities in Cody, Wyoming, with AI-driven property discovery, real-time market alerts, and smart property pages. Our platform provides: