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701 NC-9 2.02 Acres of Commercial Land Offered at $1,950,000 in Black Mountain, NC 28711
EXECUTIVE SUMMARY
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 FACTS Under Contract
| Price | $1,950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.02 AC |
| Property Type | Land | ||
| Zoning | HB-8 - Highway Business | ||
| Price | $1,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.02 AC |
| Zoning | HB-8 - Highway Business |
1 LOT AVAILABLE
Lot
| Price | $1,950,000 | Lot Size | 2.02 AC |
| Price Per AC | $965,346.53 |
| Price | $1,950,000 |
| Price Per AC | $965,346.53 |
| Lot Size | 2.02 AC |
Two acres on a prime retail corner located within two blocks exit 64 at I-40 in Black Mountain. Corner lot, paved, sloped.
1 1
PROPERTY TAXES
| Parcel Number | 0619-32-4092-00000 | Improvements Assessment | $136,800 |
| Land Assessment | $382,400 | Total Assessment | $519,200 |
PROPERTY TAXES
Parcel Number
0619-32-4092-00000
Land Assessment
$382,400
Improvements Assessment
$136,800
Total Assessment
$519,200
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701 NC-9
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