Property profile

573 Bat Cave Rd Old Fort, NC 28762

OFF-MARKET
Retail properties & Spaces
Property ID
US53-3136247
1,800 SF Built 2024
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 1,800 SF
UPID US53-3136247

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

573 Bat Cave Rd Old Fort, NC 28762
Old Fort metro
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Value estimations

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Owner & transaction history

since 2025
4 recorded transactions
2026
Price N/A
2025
Price N/A
2022
$630,000
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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