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Property profile & analytics
OFF-MARKET
Commercial real estate

1231 Colonial Ft Dr Montvale, VA 24122-2953

2,700 SF 1.5 ac lot Built 2004
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US87-1548747
Property summary
AI-generated overview

This exceptional 4,000-square-foot industrial flex space, situated on 1.5 acres in Montvale, VA, presents a unique investment opportunity. Built in 2004, this single-story Class B building offers a versatile layout ideal for a variety of businesses. The property features a well-appointed interior including a reception area, ten private offices, a conference room, and two bathrooms (one in the office area and one in the warehouse). A convenient kitchenette with a break area is also included. The warehouse space itself boasts a 10x10 dock high door, enhancing loading and unloading efficiency. Modern amenities such as LED lighting and an exhaust fan are in place. The property is in move-in condition and benefits from ample on-site parking. Enjoy panoramic mountain views from this strategically located property, approximately 16 miles from Downtown Roanoke, offering easy access to major transportation routes. The property is zoned Commercial/Industrial and features a single loading dock. The APN is 87A 1 15B. This turnkey operation is ready for immediate occupancy. Don't miss this chance to acquire a well-maintained, functional industrial space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Total area 2,700 SF
Lot 1.5 ac (65,340 SF)
APN 87A 1 15B
UPID US87-1548747
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ambassador Enterprises General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hydea LLC · 3 yrs held
Hydea LLC
since 2023
Last sale
$330,000
1 recorded transaction
2023
$330,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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