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About This Home
This 0-bedroom, 0-bathroom single family at 717 Bat Cave Road in Old Fort, NC is listed for $1,200,000. Built in 1948, on a 14.00 acres lot.
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 att
racting 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 opportuni
ty 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.
Key Features
- Built in 1948
- 14.00 acre lot
Property Details
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
717 Bat Cave Road
Old Fort, NC 28762
Questions & Answers
This 0-bedroom, 0-bathroom single family at 717 Bat Cave Road is listed at $1,200,000. The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 14.00 acre lot.
This property is listed by Bill Roberts and can be reached at 8286747640 or bill@greybeardrealty.com.


