Ivel, Kentucky: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the heart of Floyd County, Ivel, Kentucky, presents a compelling opportunity for commercial real estate investors and professionals. Despite its small size, Ivel's strategic location and burgeoning economic landscape make it a noteworthy contender in the commercial real estate (CRE) market. The city is home to diverse industry clusters, including manufacturing and logistics, that drive demand for various commercial property types, from industrial spaces to office buildings. Ivel's unique positioning within the Appalachian region provides a competitive edge for businesses seeking growth and expansion.

Economic and Industry Overview

Ivel's economy thrives on several key industries, with manufacturing and logistics taking center stage. These sectors have fueled a steady demand for industrial properties, warehouses, and distribution centers. The presence of these industries is supported by local economic development initiatives aimed at fostering growth and attracting new businesses. The Floyd County Economic Development Authority is actively involved in promoting Ivel as a hub for industrial and logistical excellence, offering a range of incentives to businesses looking to establish a presence in the city.

Strategic Location and Transportation Infrastructure

Ivel's strategic location is bolstered by its connectivity to major transportation networks. The city is accessible via U.S. Route 23, a vital artery that facilitates efficient movement of goods and services. Additionally, the proximity to regional airports, such as the Big Sandy Regional Airport, enhances logistical advantages for businesses requiring air freight capabilities. These transportation assets provide Ivel with a crucial link to labor pools and major markets, making it an attractive destination for distribution and logistics operations.

Commercial Real Estate Inventory & Zoning

The Ivel CRE market is characterized by several submarkets, each offering unique opportunities for investors. The industrial corridors are particularly noteworthy, providing ample space for warehouses and production facilities. Retail and office spaces are also available, catering to the needs of businesses and service providers. Ivel's zoning regulations are designed to promote business growth, with incentives available for developers. For detailed zoning maps, visit the Floyd County Planning Department.

Major Employers and Institutions

Ivel hosts several major employers that drive CRE demand in the region. The manufacturing sector is led by companies like Appalachian Manufacturing, while logistical operations benefit from the presence of regional distribution centers. Educational institutions, such as Big Sandy Community and Technical College, also contribute to the local economy by providing a skilled workforce. For a comprehensive list of employers, visit the Floyd County Chamber of Commerce.

Notable Commercial Developments & Projects

Ivel is witnessing significant commercial developments, including mixed-use projects and innovation parks. These developments are often supported by public-private partnerships and are located within designated Opportunity Zones, providing lucrative investment opportunities. Detailed information on these projects can be found through the Floyd County Planning Department.

Building Permits, Planning, and Development Tools

Investors and developers can access essential resources and tools for planning and development in Ivel. Key resources include the Floyd County Building and Safety Department, permitting portals, and the Floyd County GIS Parcel Viewer. The city's Planning Commission offers guidance on development codes and procedures.

Market Data & Economic Reports

Public data sets, such as those from census.gov and Ivel's open data portal, provide valuable insights into the local market. Brevitas utilizes AI-powered aggregation to compile these insights, offering comprehensive dashboards for Ivel's CRE landscape. Explore Brevitas-powered dashboards to gain deeper insights into Ivel's commercial real estate opportunities.

Why Use Brevitas for Ivel, Kentucky CRE?

Brevitas stands out as a premier platform for discovering CRE opportunities in Ivel, Kentucky. Our AI-driven tools provide real-time market alerts, smart property pages, and seamless dealroom collaboration. Key features include:

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

For professionals seeking to navigate the Ivel commercial real estate market, Brevitas offers unparalleled resources and insights to ensure successful investment and development strategies.

For more information on Ivel commercial real estate, visit our Ivel, Kentucky CRE page and explore the opportunities awaiting in this promising market.