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    581 Nc-9 Black Mountain, NC 28711
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    Property profile & analytics

    581 Nc-9 Black Mountain, NC 28711


    • Retail properties & Spaces
    • 4,453 SF
    • 1.10 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 581 Nc-9

    Year built
    1992
    Lot size
    1.10 lot acres
    Property size
    4,453 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 4,453-square-foot restaurant property, situated on a 1.1-acre lot in Black Mountain, North Carolina, presents a compelling investment opportunity. Located directly off I-40 at exit 64, this well-built, single-story building boasts approximately 250 feet of highway frontage, ensuring high visibility and accessibility. Built in 1992, the property features an existing structure that can be repurposed or removed, offering flexibility for redevelopment. The rectangular lot is level, and an existing retaining wall reduces site development costs. The property's Highway Business (HB) zoning allows for a diverse range of uses, including restaurants, banks, breweries, convenience stores, hotels, medical facilities, and retail establishments. The high-traffic location, with 14,500 cars passing daily, is anchored by an Ingles Markets grocery store, further enhancing its appeal. Black Mountain offers a charming small-town atmosphere with easy access to Asheville and the natural beauty of the Blue Ridge Mountains. Nearby amenities include Lake Tomahawk Park and the Swannanoa Valley Museum. The property's address is 581 NC-9, Black Mountain, NC 28711, with the APN 0619-33-8291. Note that building access is currently unavailable. The asking price is $1,600,000, translating to $359.31 per square foot.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Black Mountain
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.3182
    Latitude
    35.6094
    More about this property
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