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Real Estate
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6 photos

$1,950,000

Black Mountain, NC 28711
Listed by Mark Morris · NAI Beverly-Hanks
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

Great land development opportunity for hospitality or national retail! Two acres on a prime retail corner located within two blocks exit 64 at I-40 in Black Mountain. NCDOT is proposing a new roundabout (facilitating the proposed interchange @ Blue Ridge Rd & I-40) that will connect Blue Ridge Rd and NC 9 just 200' south of this property! Current improvements include a restaurant with excess land suitable for expansion, a dual retail concept, or hospitality makeover. Seller is open to options including a sale leaseback, alternative free standing retail use or land re-allocation under a dual retail concept! Abundant parking, high visibility - see today by appointment only.

Property details

MLS #
CAR4241735
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
252
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Black Mountain Elementary
1.17 mi away · Grades 4-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
146
Student:teacher ratio
11.2:1
District
Buncombe County Schools
Middle
Owen Middle
3.08 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
457
Student:teacher ratio
13.4:1
District
Buncombe County Schools
High
Early College
13.49 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Mortgage calculator

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Est. monthly payment
$11,893/mo
$390,000 down
$1,560,000 loan
Principal & interest$10,118
Property tax (est.)$1,625
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.