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Flex Space with Showrooms
For Sale
$480,000

1273 Colonial Fort Dr, Montvale, VA 24122

The property combines office and warehouse areas with a loft, storage sheds, and space for parking and deliveries.

Property Size4,000 SF
Price / SF$120
Days on Market10

Property Features for 1273 Colonial Fort Dr

General Information

Standard status Active
Size 4,000 SF

Site & Location

Highway Access Yes
Mixed-Use Components office, warehouse

Warehouse & Industrial

Warehouse Space 2,800 SF
Office Build-Out 1,200 SF

Additional Details

Tenant in Place Yes
Property Use Office and Warehouse

Building Details

Building Size 4,000 SF
Listing Agency: KW Metro Center
Listed By: Kristen Lee Massie
Source: Exprealty
Added: Oct 16 Changed: Oct 23 Last Checked: Oct 24 at 6:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Metro Center

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Investment Insights

Based on property information with market context.

This flex property contains approximately 4,000 square feet, including 1,200 square feet of finished area and 2,800 square feet of shop space. The office portion includes a waiting room, two large showroom/office areas, and two bathrooms. A loft and additional storage sheds provide further usable space. The parcel measures more than an acre and includes room for parking and deliveries. Office flooring has been updated, and the office area has newer HVAC.

The property is in Montvale Center for Commerce, just off Rt 460, between Lynchburg and Roanoke. Mountain views are noted, and offices are being built next door. The building is currently leased, with the possibility of occupying it after the lease ends.

Key Highlights

  • Approximately 4,000 square feet: 1,200 finished and 2,800 of shop space
  • Two large showroom/office areas, a waiting room, and two bathrooms
  • More than an acre with parking and delivery space

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

MES Apparatus Service ... Factory

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby
Well-served
Demand for This Use

Demographics for 24122, VA

1,624
Population
687
Households
2.4
Avg Household Size
49
Median Age
19%
College-Educated
82%
High-School Grad
29.6 sq mi
ZIP Area
55
Density / Sq Mi
$65,238
Median Household Income
$42,376
Median Earnings
$189,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The property combines office and warehouse areas with a loft, storage sheds, and space for parking and deliveries.
Where is this flex space located?
The property is located at 1273 Colonial Fort Dr Montvale, VA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Approximately 4,000 square feet: 1,200 finished and 2,800 of shop space; Two large showroom/office areas, a waiting room, and two bathrooms; More than an acre with parking and delivery space
More about this property
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