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865 Blue Ridge Rd
200 Acres of Industrial Land Offered at £18,778,800 in Black Mountain, NC 28711
Investment Highlights
- I-40 VISIBILITY
- UTILITIES ON-SITE
- CENTRALIZED LOCATION IN WNC
- FUTURE I-40 ACCESS THROUGH EXCHANGE
- PREVIOUSLY A NORTH CAROLINA CERTIFIED SITE
- LARGE ACREAGE FOR THE AREA, READY FOR DEVELOPMENT
Executive Summary
The north portion of the Black Mountain Center property consists of 48.94 acres and is zoned Light Industrial (LI). The site is mostly cleared and contains all utilities.
The property fronts US Hwy 70 and is bordered to the west by Ingles Markets Corporate Offices and Distribution Center; and to the east by the Town of Black Mountain and Montreat College properties.
The south portion of the Black Mountain Center property consists of two types of potential development. Approximately 29 acres is zoned residential (low density) and 121 acres is zoned Employment.
Property Facts
| Price | £18,778,800 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 200.00 AC |
| Property Type | Land |
| Price | £18,778,800 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 200.00 AC |
1 Lot Available
Lot
| Price | £18,778,800 | Lot Size | 200.00 AC |
| Price Per AC | £93,894 |
| Price | £18,778,800 |
| Price Per AC | £93,894 |
| Lot Size | 200.00 AC |
Description
Dewey Property Advisors is pleased to present 199 acres for sale in Black Mountain, NC. The property is accessed on Blue Ridge Road via US Hwy 70. All utilities are at the site entrance. The north portion of the Black Mountain Center property consists of 48.94 acres and is zoned Light Industrial (LI). The site is mostly cleared and contains all utilities. The property fronts US Hwy 70 and is bordered to the west by Ingles Markets Corporate Offices and Distribution Center; and to the east by the Town of Black Mountain and Montreat College. The south portion of the Black Mountain Center property consists of two types of potential development. Approximately 29 acres is zoned residential (low density) and 121 acres is zoned Employment. This sitewas previously a NC Certified Site, Master Planned for Advanced Manufacturing, Technology, Life Sciences and R&D Park - earning its designation as “Black Mountain Commerce Park”.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £465,401 | |
| Land Assessment | £3,288,794 | Total Assessment | £3,754,195 |
PROPERTY TAXES
zoning
| Zoning Code | LI, R, EMP (NORTH: 48.38 Acres = Light Industrial SOUTH: 28.96 Acres = Residential Low SOUTH: 120.89 Acres = Employment) |
| LI, R, EMP (NORTH: 48.38 Acres = Light Industrial SOUTH: 28.96 Acres = Residential Low SOUTH: 120.89 Acres = Employment) |
Presented by
865 Blue Ridge Rd
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