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    701 Nc 9 Hwy Black Mountain, NC 28711

    For Sale
    $1,950,000

    Two-acre corner lot suitable for hospitality or retail development.

    Property size:
    2 SF
    Lot size:
    2.02 Acres

    Property Features for 701 Nc 9 Hwy

    General Information

    Size
    2 SF
    Lot size
    2.02 Acres

    Source: Mark Morris, CCIM Agent Mark Morris, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Corner Development Opportunity

    This property presents a land development opportunity for hospitality or national retail purposes. It comprises two acres situated on a prime retail corner, located within two blocks of exit 64 at I-40 in Black Mountain. The NCDOT is proposing a new roundabout that will connect Blue Ridge Rd and NC 9, approximately 200 feet south of the property. Current improvements include a restaurant with excess land suitable for expansion, a dual retail concept, or hospitality makeover. The seller is open to options including a sale leaseback, alternative free standing retail use or land re-allocation under a dual retail concept. The site features abundant parking and high visibility.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    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
    -82.3046
    Latitude
    35.5991

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    FAQs

    What type of property is this?
    Commercial land - Two-acre corner lot suitable for hospitality or retail development.
    Where is this commercial land located?
    The property is located at 701 Nc 9 Hwy Black Mountain, NC.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Prime retail corner location, two blocks from I-40 (Exit 64).; - Two-acre land development opportunity suitable for hospitality or national retail.; - Proposed NCDOT roundabout connecting Blue Ridge Rd and NC 9 just 200' south of the property.
    (828) 674-4350
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    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
    701 Nc 9 Hwy Black Mountain, NC 28711
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