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    573 Bat Cave Rd Old Fort, NC 28762

    Sponsored
    For Lease
    $20 SF/Yr ($3,000 /Mo)

    Prime QSR Location, New Construction, 1800 sq ft

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,800 square foot retail space presents a unique opportunity for a quick-service restaurant (QSR) or convenience store (C-Store) operator. Located in Old Fort, North Carolina, a rapidly growing suburb of Asheville, this brand-new building (2024 construction) boasts unparalleled visibility from Interstate 40, exit 73. The property's strategic location offers significant advantages, situated directly across from a McDonald's and a Sunoco gas station, and just 0.2 miles from a newly constructed Dollar General. The single-tenant building is currently vacant and ready for immediate occupancy. The design incorporates space for a drive-through, catering to the convenience needs of today's consumers. This high-traffic area ensures substantial exposure and accessibility for any business seeking a thriving location in McDowell County. The property is ideally suited for a QSR or C-Store seeking to establish a presence in a dynamic and expanding market. Inquiries are now being accepted from prospective tenants interested in leasing this exceptional space. The building's modern design and prime location make it an ideal investment for a business looking to capitalize on the growth of Old Fort and its proximity to Asheville. This is a rare opportunity to secure a highly visible and strategically located commercial property in a rapidly developing area.

    Property Features for 573 Bat Cave Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF
    Total Rate
    3000

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    573 Bat Cave Road
    Size
    1,800 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Old Fort
    County
    McDowell
    State
    North Carolina
    Longitude
    -82.1795846
    Latitude
    35.6215323

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Prime QSR Location, New Construction, 1800 sq ft
    Where is this retail property located?
    The property is located at 573 Bat Cave Rd Old Fort, NC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    Request Owner's contact information
    573 Bat Cave Rd Old Fort, NC 28762
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    Old Fort, NC 28762
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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
    573 Bat Cave Rd Old Fort, NC 28762
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