Properties

Property Description

717 Bat Cave Road | Old Fort, North Carolina
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.

Address Map
Country:
US
State:
NC
County:
Mc Dowell
City:
Old Fort
Zipcode:
28762
Street:
Bat Cave
Street Number:
717
Street Suffix:
Road
Longitude:
W83° 49' 20.2''
Latitude:
N35° 37' 14''
Directions:
Located directly off I-40 on Exit 73 in Old Fort, NC.
MLS Addon
Office Name:
GreyBeard Realty
Agent Name:
Bill Roberts
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Listing Information
List Agent Mls Id:
80215
List Office Mls Id:
NCM12610
Mls Status:
Active
Modification Timestamp:
2026-10-23T16:46:06Z
Originating System Name:
Canopy
Special Listing Conditions:
None
Status Change Timestamp:
2026-10-23T16:45:58Z

Commercial Sale For Sale

717 Bat Cave Road, Old Fort, North Carolina 28762

$1,200,000
Listing ID #4356122
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
4356122
Price :
$1,200,000
Year Built :
1948
Status :
Active
Property Sub Type :
None
Agent info
Contact Agent
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