McKenzie, Tennessee: A Premier Destination for Commercial Real Estate

Introduction

Welcome to McKenzie, Tennessee, a hidden gem in the realm of commercial real estate. Nestled in the heart of Carroll County, McKenzie offers a unique blend of small-town charm and dynamic economic opportunities. With a population of approximately 5,000 residents, the city is poised for growth, driven by its diverse economy and strategic location. McKenzie's major industries include manufacturing, education, and healthcare, which collectively fuel a robust demand for various commercial property types. Its unique positioning as a regional hub makes it an attractive destination for commercial real estate (CRE) professionals.

Economic and Industry Overview

McKenzie boasts a thriving economy, supported by key industries such as manufacturing and education. The presence of Bethel University contributes to a vibrant academic atmosphere, fostering innovation and business growth. The city's manufacturing sector drives demand for industrial properties, while the education and healthcare sectors create opportunities for office and retail spaces. Regional economic development initiatives, supported by the McKenzie Industrial Board, aim to enhance the city's economic landscape and attract new businesses.

Strategic Location and Transportation Infrastructure

Strategically located in Northwest Tennessee, McKenzie offers excellent connectivity through major highways such as U.S. Route 79 and State Route 22. While the city does not have a major airport, it benefits from proximity to the McKellar-Sipes Regional Airport in Jackson, TN, approximately 50 miles away. The city's location provides logistical advantages for distribution and access to labor pools. For more information, visit the Tennessee Department of Transportation.

Commercial Real Estate Inventory & Zoning

McKenzie's commercial real estate landscape is characterized by several key submarkets, including its central business district (CBD) and industrial corridors. The city offers a variety of asset classes such as industrial, retail, office, and medical spaces. Recent zoning changes and incentives, such as tax abatements for developers, aim to stimulate new investments. For a detailed view of the city's zoning and parcel information, visit the City of McKenzie Zoning Map.

Major Employers and Institutions

McKenzie's commercial real estate demand is driven by major employers and institutions, including Bethel University, McKenzie Regional Hospital, and local manufacturing companies. These organizations contribute significantly to the city's economic vitality and CRE market. For more details, explore the Carroll County Chamber of Commerce.

Notable Commercial Developments & Projects

Recent developments in McKenzie include mixed-use projects and public-private partnerships that enhance the city's commercial appeal. The city's participation in designated Opportunity Zones further stimulates investment opportunities. For more information on current development projects, visit the McKenzie Planning Department.

Building Permits, Planning, and Development Tools

For commercial real estate professionals interested in development opportunities, McKenzie offers a range of resources:

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

Market Data & Economic Reports

Access to reliable market data is crucial for informed decision-making. Public data sets, including those from census.gov and the city's open data portal, offer valuable insights into McKenzie's economic landscape. Brevitas utilizes AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Explore Brevitas-powered dashboards for McKenzie here.

Why Use Brevitas for McKenzie, Tennessee CRE?

Brevitas offers unparalleled advantages for commercial real estate professionals in McKenzie:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

With features like auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers, Brevitas provides exclusive listings and premium exposure. Make Brevitas your go-to marketplace for McKenzie, Tennessee commercial real estate.