717 Bat Cave Road Old Fort, NC $ 1,200,000
717 Bat Cave Road
$ 1,200,000
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717 Bat Cave Road

Old Fort, NC, 28762
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,288

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Commercial Property for sale in Old Fort, NC

for $1,200,000. This building was built in 1948 on a lot size of 14.

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.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 0

Style

None

Lot Size

14

Year Built

1948

Town/City

Old Fort

County/Region

McDowell

MLS | Web ID

4356122

Features
Exterior
Inclusions Building Land
Lot Size Area 14
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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General
Year Built 1948
Property Subtype None
Parcel Number 0659-11-55-8752
Additional Parcels Description 0659-11-56-9110 (10.22 ac); 0659-11-55-9776 (lots 4 5 6 35 36-1ac); 0659-11-55-8752 (.63 ac w/house); 0659-11-55-6746 (.33 ac w/house); 0659-11-55-6973 (.33 ac w/house)
County McDowell
New Construction N
Property Type Commercial Sale
HOA N
Directions Located directly off I-40 on Exit 73 in Old Fort NC.
City Old Fort
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 40110
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Interior
Basement (Y/N) N
Below Grade Finished Area 0
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Internal Only
Street Number 1 717
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* Excluded Features
List By
Greybeard Realty

Broker

Affordability Calculator

$8,288
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,288
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$1,200,000 Listed Price

Map


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717 Bat Cave Road, Old Fort, NC, 28762 is a Commercial Property for sale at $1,200,000 with a lot size of 14. 717 Bat Cave Road was built in 1948. The property's zip code is 28762 which is in Old Fort, NC