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Property profile & analytics
OFF-MARKET
Manufacturing properties

1100 Montreat Rd Black Mountain, NC 28711

12,011 SF 1 ac lot Built 1946
Property ID
US53-1077518
Property summary
AI-generated overview

This exceptional investment opportunity presents a 12,011 square foot, two-story manufacturing building situated on approximately one acre in Black Mountain, North Carolina. Built in 1946, this concrete block structure boasts a rich history, having served as a community grocery store and later, a metal-working shop for over four decades. The property features three ground-level loading docks on both floors, ample parking with a wrap-around concrete drive, and substantial storage space. The building's unique construction includes post and beam framing, four-inch cork insulation between floors, and two chain joist systems, ensuring durability and functionality. The sale includes an adjacent lot with a single-family home requiring complete renovation. The property benefits from UR8 zoning and a grandfathered light manufacturing designation, ensuring continued operational flexibility. A month-to-month subtenant lease is currently in place. This property offers a rare blend of historical charm, versatile space, and significant potential for future development. The asking price is $825,000, and the sale is an absolute NNN lease type. The property is located at 1100-1104 Montreat Rd, Black Mountain, NC 28711, in Buncombe County.

Property profile
Verified
Property type Manufacturing properties
Year built 1946
Total area 12,011 SF
Lot 1 ac (43,560 SF)
UPID US53-1077518
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
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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