The Montvale Center for Commerce is made up of two distinct business parks in close proximity to one another. The commercial center is a 25+/- acre site that is commercially zoned. It is positioned on U.S. 460 in front of a county recreation park and next to the Montvale Elementary School.
Across from the commercially zoned property is a 45-acre park designed for non-commercial business and industry. This property is bordered on the north by Norfolk-Southern Railroad, which allows for the possibility of rail siding.
This property is brokered by Divaris Real Estate, Inc. Download the site information»
Location
- On 460 in Western Bedford County, midway between Bedford & Roanoke.
- 12 miles East of I-81.
- Distance to retail: Town of Bedford 10 miles. Blue Ridge 9 miles & Roanoke 18 miles.
Utilities
- Served by 6″ water line and 8″ sewer lines. Electricity and fiber available. Propane available.
Taxes
- Real estate – $.41 per $100 assessed value
- Business personal property – $1.70 per $100 original purchase price
- Machinery and Tool – $1.20 per $100 original purchase price
- Merchants Capital – NONE (eliminated in 2011)
Commercial Property
- The 19+/- acres commercial shopping center can be laid out to suit a developer’s plans. This prime location offers an excellent site for a potential retail development in an area that has been under-served as the county’s growth has been developed over the past two decades.
- The provisions in the Bedford County Zoning Ordinance do not define or allow for a data center use to be established. Bedford County cannot accept a permit application for a data center on any property subject to the provisions of the zoning ordinance for this reason. An amendment to the zoning ordinance would be required before permitting these facilities, which would be a multi-step public process.
