865 Blue Ridge Rd Black Mountain, NC 28711
This exceptional 198.23-acre property, located at 865 Blue Ridge Road in Black Mountain, North Carolina (zip code 28711), presents a unique mixed-use development opportunity. The land is strategically situated off US Highway 70, providing excellent visibility and accessibility. The property boasts a diverse zoning designation encompassing Light Industrial (LI), Employment (EMP), and Residential (R) classifications, allowing for a variety of development options. Utilities are conveniently located at the site entrance. A significant portion (48.94 acres) is zoned Light Industrial and is largely cleared, ready for immediate development. This area is bordered by established businesses, including Ingles Markets Corporate Offices and Distribution Center to the west, and the Town of Black Mountain and Montreat College to the east. The remaining acreage includes approximately 29 acres zoned for low-density residential development and 121 acres zoned for employment uses. This site previously held a North Carolina Certified Site designation, master-planned for advanced manufacturing, technology, life sciences, and R&D, solidifying its potential as a premier commercial and residential development location. The property's APN numbers are: 0609-52-5674
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Harrison Homes Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.