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    OFF-MARKET
    Retail properties & Spaces

    581 Nc-9, Black Mountain, NC 28711

    4,453 SF 1.1 ac lot Built 1992
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,453-square-foot former chain restaurant presents a prime redevelopment opportunity in Black Mountain, NC. Situated on a 1.1-acre lot with approximately 250 feet of highway frontage on NC Highway 9, this property boasts high visibility due to its location directly off I-40 exit 64. The well-built, single-story building, constructed in 1992, offers flexible zoning (HB) allowing for diverse uses including restaurants, banks, breweries, convenience stores, hotels, medical facilities, and retail establishments. The rectangular site is easily redeveloped, and an existing retaining wall reduces site development costs. The property includes 48 parking spaces. The site benefits from a strong trade area anchored by Ingles Markets and experiences high daily traffic volume (14,500 cars per day). Black Mountain offers a blend of small-town charm and natural beauty, with nearby attractions like Lake Tomahawk Park and the Swannanoa Valley Museum. Currently vacant, this property is offered with an Absolute NNN lease structure (no landlord maintenance). Note that building access is currently unavailable. This location provides easy access to Asheville, a significant regional market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1992
    Total area 4,453 SF
    Lot 1.1 ac (47,916 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
    • 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
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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