Botetourt County’s Economic Development Authority, looking to add needed small-scale manufacturing to the region’s business profile, is selling a 15-acre tract in Blue Ridge.
The authority on Friday approved the sale of property at the Jack C. Smith Industrial Park, behind the Blue Ridge Library, off U.S. 460. JM Industrial Properties LLC intends to develop about five lots there, the county’s economic development director, Ken McFadyen, said Friday.
The purchase price is $755,000, he said.
“We’re very excited about this,” McFadyen said. “There is a significant demand in the Roanoke Valley for smaller-size manufacturing lots just like this. [Botetourt Center at] Greenfield is really master-planned for large manufacturing operations that go on 20 acres or