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    96 Old Us Hwy 70 E Black Mountain, NC 28711

    For Sale
    $2,680,000

    MULTI_FAMILY - Black Mountain, NC

    Lot size:
    4.23 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 96 Old Us Hwy 70 E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Laundry Room
    APN
    0619-67-0113-00000
    Parking features
    Driveway, Garage - Detached
    Pets allowed
    Yes
    Fireplace
    1
    Appliances
    Oven
    Lot size
    4.23 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1936
    Number of units
    4
    Building materials
    Asbestos, Stone, Wood
    Additional Structures
    Outbuilding

    Keller Williams Professionals (828) 254-7253 [email protected]

    Listing agent Jenny Slagle (828) 713-4250

    Listing date Oct 9, 2025

    MLS# 4264752 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Black Mountain Land with Rental Income

    Available for the first time in a generation, this property features 4.23 acres of level land in Black Mountain, North Carolina. The site is located minutes from two interstate exits and is walkable to both downtown and retail opportunities. Currently, three original homeplaces are being rented, along with an accessory dwelling unit, providing rental income. A large barn on the property has been used as an event space. A creek runs along the back property line. The property includes the original 1936 main house, two additional rental houses, a rented accessory dwelling unit, and a 30 x 50 metal building. The main house features hardwood floors in the living room, dining room, and upstairs. It also includes pine paneling, a stone fireplace, an updated bathroom with a walk-in shower, and an updated den. The kitchen offers bar seating, a pantry, and nearby office and laundry room. An attached garage is accessible from the main level bedroom or den. A shed and garage/shop require repair. With the removal of structures, there is potential to develop 3 acres. The property also includes a level corner lot with a non-correctable floodplain of 0.5 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Dental Office Auto Repair Shop Department Store Hotel & Motel Cafe & Coffee Shop Discount Store Carpet & Flooring Store Bed & Breakfast Dry Cleaner Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Black Mountain
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.314582
    Latitude
    35.620269

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    FAQs

    What type of property is this?
    Commercial land - 4.23 acres in Black Mountain, NC with rental income.
    Where is this commercial land located?
    The property is located at 96 Old Us Hwy 70 E Black Mountain, NC.
    What is the asking price?
    The asking price for this property is $2,680,000.
    What are key features of this property?
    This property features: - 4.23 acres of level land walkable to downtown and retail opportunities, minutes from two interstate exits.; - Income-producing property with four existing rental units.; - Large barn suitable for event space.
    (828) 713-4250
    Request Owner's contact information
    96 Old Us Hwy 70 E Black Mountain, NC 28711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    96 Old Us Hwy 70 E Black Mountain, NC 28711
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