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.
