1231 Colonial Ft Dr Montvale, VA 24122-2953
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.
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Ambassador Enterprises General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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