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    1231 Colonial Fort Dr Montvale, VA 24122

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    For Lease
    $10 SF/Yr ($3,350 /Mo)

    Modern 4,000 SF industrial building with offices and warehouse.

    Property size:
    4,000 SF
    Lot size:
    1.87 Acres

    Property Features for 1231 Colonial Fort Dr

    General Information

    Size
    4,000 SF
    Lot size
    1.87 Acres

    Source: Hall Associates, Inc Agent Gavin Hollingsworth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Montvale Industrial Building For Rent

    This modern, one-story industrial building is located in Montvale, Virginia, situated between Roanoke and Bedford. The property offers approximately 4,000 square feet of space. The interior features a reception area, ten private offices, a conference room, two bathrooms (one in the office area and one in the warehouse), and a kitchenette with a breakroom. The warehouse space includes a 10x10 dock door, LED lighting, and an exhaust fan. The property is approximately 16 miles from Downtown Roanoke.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ambassador Enterprises Utility Contractor

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Department Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montvale
    County
    Bedford
    State
    Virginia
    Longitude
    -79.7151507
    Latitude
    37.3803366

    FAQs

    What type of property is this?
    Warehouse - Modern 4,000 SF industrial building with offices and warehouse.
    Where is this warehouse located?
    The property is located at 1231 Colonial Fort Dr Montvale, VA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Move-in condition, ready for immediate occupancy.; - Modern industrial building with attractive interior.; - Includes 10 private offices, conference room, and kitchenette with breakroom.
    (540) 982-0011
    Request Owner's contact information
    1231 Colonial Fort Dr Montvale, VA 24122
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    Montvale, VA 24122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1231 Colonial Fort Dr Montvale, VA 24122
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