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    573 Bat Cave Rd Old Fort, NC 28762

    • Commercial real estate
    • 1,800 SF
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US53-3136247
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 573 Bat Cave Rd

    Year built
    2024
    Property size
    1,800 SF
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

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

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    573 Bat Cave Rd
    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
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