Montross, Virginia: A Premier Destination for Commercial Real Estate

Introduction

Montross, Virginia offers a compelling opportunity for commercial real estate (CRE) investors and developers. As a small town with a population of approximately 500, Montross is strategically positioned in Westmoreland County, known for its historical significance and growing economic potential. The city’s economic landscape is driven by sectors such as agriculture, tourism, and government services, making it a unique hub for diverse commercial property types. Montross’s attractive positioning between larger urban centers adds to its CRE appeal, offering both tranquility and accessibility.

Economic and Industry Overview

Montross's economy is predominantly supported by agriculture and tourism, with a strong presence of government services due to its role as the county seat. The town is part of the Northern Neck region, which is seeing increased interest in logistics and light manufacturing. This drives demand for industrial and flex property types, positioning Montross as an emerging player in the regional CRE market. The Virginia Economic Development Partnership offers resources and initiatives that support business growth and development in the area.

Strategic Location and Transportation Infrastructure

Montross benefits from its strategic location with access to major transportation networks. It is situated near U.S. Route 360 and U.S. Route 3, providing easy connections to Richmond, Fredericksburg, and the Washington, D.C. metro area. Although Montross does not have its own airport, the nearby Ronald Reagan Washington National Airport and Richmond International Airport offer robust connectivity for business and logistics operations. The town’s proximity to the Potomac River enhances its logistical advantages, facilitating access to coastal markets and labor pools.

Commercial Real Estate Inventory & Zoning

Montross features several key submarkets, including its central business district and surrounding industrial corridors. The town offers a mix of asset classes such as industrial, retail, and office spaces. Recent zoning changes have introduced incentives for developers, especially in designated growth areas. The town’s zoning maps and parcel viewers are accessible through the Westmoreland County GIS portal.

Major Employers and Institutions

Key employers in Montross include Westmoreland County government offices and the Northern Neck Regional Jail. Additionally, the presence of the Northern Neck Electric Cooperative supports CRE interest in the area. While Montross lacks large universities, nearby institutions like the University of Mary Washington in Fredericksburg contribute to the local economy and workforce. The Westmoreland County Economic Development site provides additional resources and business directories.

Notable Commercial Developments & Projects

Montross is witnessing several notable developments, including mixed-use projects that integrate retail, office, and residential spaces. Public-private partnerships and the designation of certain areas as Opportunity Zones are fostering investment. The town’s planning department provides detailed information on approved site maps and development plans.

Building Permits, Planning, and Development Tools

• Westmoreland County Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Montross’s economic data is available through public sources such as census.gov and the town’s open data portal. Brevitas uses AI-powered aggregation to provide comprehensive insights and market data. Users are invited to explore Brevitas-powered dashboards for Montross, Virginia, to gain deeper insights into market trends and opportunities.

Why Use Brevitas for Montross, Virginia CRE?

Brevitas offers a unique platform for discovering CRE opportunities in Montross, Virginia. With AI-driven discovery, real-time market alerts, and smart property pages, Brevitas enhances the CRE experience. Key features include:

• Auto-generated listing pages
• Email and landing page tools
• Integration with brokers and developers
• Exclusive listings and premium exposure

Brevitas positions itself as the go-to marketplace for CRE in Montross, Virginia, providing investors and brokers with the tools needed to succeed in this promising market.