City of Asheville approval complete for a 153 unit apartment complex. Opportunity Zone. 10.9 acre +/- high profile parcel at the end of Tunnel Road in the River Hills Shopping Center next to several national retail brands including Dollar Tree, Target, Michaels, Movie Theaters, and Dick's. . Commercial Industrial zoning allows for many uses including retail, hospitality, multi-family, industrial, or mixed use. Site has great visibility from both directions of I-240 with 52,000 VPD. Recently assembled to frontage along River Hills Road to give access to upper part of the acreage via 400 feet +/- of road frontage. Completed due diligence items available include: Army Corp wetlands delineation, phase 1, Alta survey, project plans, traffic report, and Geotech.
MLS# | 3697386 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 0 |
Days On Site | 955 |
Listing Provided By | The Real Estate Center | Greg Palombi |
Zoning | CI |
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Acreage | 10.90 |
Water Front | Yes |
State | NC |
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County | Buncombe |
City | Asheville |
Zip Code | 28805 |
Area | Buncombe |
Listing VS Median (in 28805) | |
Price: $2,600,000 low | high Med: $497,000 On Site: 955 low | high Med: 31.000000 |