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    3862 Sweeten Creek Rd Arden, NC 28704

    Sponsored
    For Sale
    $3,200,000

    12-Acre Site, High Development Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 12.43-acre commercial property presents a remarkable opportunity for developers seeking a prime location in Arden, NC. Situated on Sweeten Creek Road, this site boasts approximately 500 feet of road frontage, offering excellent visibility and accessibility. The property is zoned RM-16 within the City of Asheville, making it ideally suited for a variety of high-density projects, including multi-family apartments, townhomes, or build-to-rent (BTR) developments. The existing structures on the land, an older home and barn/shed, are considered to have little to no value and are sold as-is. The sale includes two parcels: 9654-44-4259 and 9654-44-1465 in Buncombe County. A significant advantage is the North Carolina Department of Transportation's planned widening of Sweeten Creek Road to four lanes, promising increased traffic flow and enhanced property value in the future. While the property includes a small creek, it also benefits from the presence of a sewer line, simplifying infrastructure development. This is a rare opportunity to acquire a substantial parcel of land with exceptional development potential in a rapidly growing area. The asking price is $3,200,000.

    Property Features for 3862 Sweeten Creek Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    541,451 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arden
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5116
    Latitude
    35.46969

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    FAQs

    What type of property is this?
    Commercial real estate - 12-Acre Site, High Development Potential
    Where is this commercial real estate located?
    The property is located at 3862 Sweeten Creek Rd Arden, NC.
    What is the asking price?
    The asking price for this property is $3,200,000.
    (828) 684-4344
    Request Owner's contact information
    3862 Sweeten Creek Rd Arden, NC 28704
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    Arden, NC 28704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3862 Sweeten Creek Rd Arden, NC 28704
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