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$6,000,000

Black Mountain, NC 28711
Listed by Jesse Ratliff · Looking Glass Realty AVL LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1985

About this home

Ideally situated with direct frontage from both Interstate 40 and US HWY 70, this +/- 48 acre site lies within the picturesque Town of Black Mountain. Located at the future I-40 and Blue Ridge Road interchange, a planned and fully funded NCDOT project (# I-4409), the site is poised to benefit from improved regional access, freight mobility, and overall visibility. It is zoned Light Industrial (Black Mountain), which permits an array of suitable uses, creating a range of development opportunities. This light industrial, large acreage site will derive significant value from the new I-40 interchange; making this one of East Buncombe’s most compelling investments for logistics, medical, manufacturing, industrial, campus style development, flex development, and more. Areas influenced by floodplain can be used strategically to enhance the development program. This site has the opportunity to establish value from environmentally integrated design that leverages flood-area preservation through: riparian conservation, natural stream buffering, constructed wetlands, stream restoration partnerships, water-quality enhancement zones, multi-use trail segments, Park (Private or Public), and nature corridor tie-ins. The site is located adjacent to an established Greenway (1.3 miles to downtown) and Veterans Park.

Property details

MLS #
CAR4321165
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Black Mountain Elementary
1.76 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
1.92 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
12.39 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
$36,283/mo
$1,200,000 down
$4,800,000 loan
Principal & interest$31,133
Property tax (est.)$5,000
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated November 14, 2025.

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.