Betterton, Maryland: A Premier Destination for Commercial Real Estate

Introduction

Betterton, Maryland, is an emerging hotspot for commercial real estate (CRE) investors and professionals. Nestled in Kent County, this charming town offers unique opportunities for growth due to its strategic location and burgeoning economy. Betterton's economic landscape is increasingly driven by tourism, small business ventures, and the service industry, making it an attractive location for various commercial property types.

Economic and Industry Overview

Betterton's economy is primarily supported by the tourism and service industries, which significantly influence the demand for commercial real estate. As a picturesque town on the Chesapeake Bay, Betterton attracts numerous visitors, driving demand for retail and hospitality spaces. The proximity to agricultural hubs also contributes to a growing need for logistics and warehouse facilities.

• Major Industries: Tourism, Service, Agriculture
• Key Economic Initiative: Kent County Economic Development Kent County Economic Development

Strategic Location and Transportation Infrastructure

Betterton's strategic position along the Chesapeake Bay provides significant logistical advantages. The town is accessible via major highways and is within a reasonable distance of larger transportation hubs.

• Highways: Route 213 connects Betterton to major interstates, facilitating easy access to Baltimore and Philadelphia.
• Airports: The town is approximately 1.5 hours from Baltimore/Washington International Thurgood Marshall Airport (BWI), offering access to domestic and international markets.
• Ports: The Port of Baltimore, a major seaport, is about 90 minutes away, enhancing Betterton's appeal for logistics and distribution.

Maryland Department of Transportation

Commercial Real Estate Inventory & Zoning

Betterton’s CRE landscape is diverse, with opportunities in various asset classes:

• Submarkets: The central business district (CBD) supports retail and office spaces, while outlying areas accommodate industrial and mixed-use developments.
• Asset Classes: Retail, Office, Hospitality, Industrial
• Zoning: Recent zoning updates have introduced incentives for mixed-use developments.

Betterton Zoning Maps

Major Employers and Institutions

While Betterton is a smaller town, several key employers and institutions contribute to its CRE market:

• Top Employers: Local tourism businesses, retail establishments, and service providers.
• Institutions: Proximity to Washington College in nearby Chestertown enhances demand for multifamily and retail spaces.

Kent County Business Directory

Notable Commercial Developments & Projects

Betterton is witnessing exciting developments that cater to its growing economy:

• Mixed-Use Developments: Plans for new retail and residential complexes aim to revitalize the town center.
• Opportunity Zones: Opportunity Zones in Kent County are driving investment in Betterton.

Betterton Planning Department

Building Permits, Planning, and Development Tools

For developers and investors, Betterton offers a range of planning and development resources:

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

Market Data & Economic Reports

Investors can access a wealth of market data for informed decision-making:

• Public Data Sources: Census.gov, Kent County Open Data Portal
• Brevitas: Harness the power of Brevitas for AI-driven insights and explore exclusive Brevitas-powered dashboards.

Why Use Brevitas for Betterton, Maryland CRE?

Brevitas is your go-to marketplace for Betterton's commercial real estate, offering:

• AI-Driven Discovery: Find the perfect property with advanced search algorithms.
• Real-Time Market Alerts: Stay informed about new listings and market trends.
• Smart Property Pages: Access comprehensive property data with ease.
• Dealroom Collaboration: Enhance your investment strategies with seamless collaboration tools.
• Unique Features:
  • Auto-generated listing pages
  • Email and landing page tools
  • Integration with brokers and developers
  • Exclusive listings and premium exposure

Explore opportunities in Betterton, Maryland, with Brevitas, and gain a competitive edge in this promising CRE market.