717 Bat Cave RD Old Fort, NC 28762

UPDATED:
Key Details
Property Type Commercial
Sub Type None
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4356122
Year Built 1948
Lot Size 14.000 Acres
Acres 14.0
Property Sub-Type None
Property Description
Mixed-Use Development & Investment Opportunity
717 Bat Cave Road presents a rare investment and development opportunity in the rapidly growing community of Old Fort. Encompassing approximately 14 acres, this strategically positioned property offers a compelling blend of immediate income potential and long-term development upside.
The front portion of the property along Bat Cave Road features level topography—ideal for commercial development—with exceptional visibility near Interstate 40. The site benefits from strong traffic exposure and proximity to established national retailers including Taco Bell, McDonald's, and Dollar General, as well as fuel stations and other service-oriented businesses. Its location near the I-40 interchange positions the property for high-visibility retail, hospitality, or service commercial uses.
The rear acreage offers scenic mountain views and excellent potential for residential development. Three existing homes on the property are currently leased, providing immediate rental income. These structures may be maintained as income-producing assets, repositioned, or incorporated into a broader development plan.
Old Fort is experiencing meaningful growth and revitalization driven by:
Increased tourism and outdoor recreation activity along the Catawba River and Pisgah National Forest
Expansion of mountain biking and trail systems attracting regional and national visitors
Downtown revitalization initiatives and infrastructure improvements
Continued residential migration to Western North Carolina
Strategic access to I-40, providing connectivity between Asheville, Marion, and the greater Western NC region
With expanding commercial activity, residential demand, and tourism-driven economic growth, Old Fort is emerging as a prime location for forward-thinking investors and developers.
Investment Highlights
±14 acres with mixed-use potential
Level commercial frontage along Bat Cave Road
Interstate 40 visibility and access
Adjacent to national retailers
Existing rental income from three homes
Residential development opportunity on rear acreage
Located in a high-growth Western North Carolina corridor
Whether positioned as a long-term hold, a phased mixed-use project, or a fully integrated commercial and residential development, 717 Bat Cave Road offers flexibility, scale, and location—key ingredients for a successful investment in one of Western North Carolina's most promising growth markets.
Location
State NC
County Mcdowell
Zoning OU
Interior
Inclusions Building, Land
Exterior
Street Surface Paved
Building
Dwelling Type Site Built
New Construction false
Others
Senior Community false
Special Listing Condition None
NEARBY SCHOOLS & BUSINESSES
School Assignment Notice:
The schools shown in the Nearby Schools and Businesses section are based on geographic proximity and may not reflect the schools assigned to this property. School attendance boundaries are subject to change due to rezoning and other factors. Buyers should independently verify current school assignments with their real estate agent and the information provided in the MLS listing, as well as with the applicable school district, before making a purchase decision.
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