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Property profile & analytics
OFF-MARKET
Land

865 Blue Ridge Rd Black Mountain, NC 28711

198.23 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Lot 198.23 ac (8,634,899 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harrison Homes Construction Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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