865 Blue Ridge Rd 48.94 Acres of Industrial Land Offered at $8,154,000 CAD in Black Mountain, NC 28711

Ideally situated with direct frontage from both Interstate 40 and US HWY 70, this +/- 48 acre site lies within the picturesque Town of Black Mountain. Located at the future I-40 and Blue Ridge Road interchange, a planned and fully funded NCDOT project (# I-4409), the site is poised to benefit from improved regional access, freight mobility, and overall visibility. It is zoned Light Industrial (Black Mountain), which permits an array of suitable uses, creating a range of development opportunities. This light industrial, large acreage site will derive significant value from the new I-40 interchange; making this one of East Buncombe’s most compelling investments for logistics, medical, manufacturing, industrial, campus style development, flex development, and more. Areas influenced by floodplain can be used strategically to enhance the development program. This site has the opportunity to establish value from environmentally integrated design that leverages flood-area preservation through: riparian conservation, natural stream buffering, constructed wetlands, stream restoration partnerships, water-quality enhancement zones, multi-use trail segments, Park (Private or Public), and nature corridor tie-ins. The site is located adjacent to an established Greenway (1.3 miles to downtown) and Veterans Park. The land is suitable for a wide array of uses including logistics, distribution, manufacturing, medical, office, retail, agriculture, innovation campus, flex space, and hospitality. Conservation features such as floodplain buffers and potential for constructed wetlands offer opportunities for environmentally integrated design. The property also includes existing improvements such as:
A 2-story conventional building (3,860 SF)
Two Class C buildings (12,000 SF and 3,375 SF)
A 4.5-acre truck yard
All are generating active rental income on month-to-month leases, totaling $98,000 in annual gross income.