Asheville Land Parcel for
110 River Hills Road, Asheville, NC 28805
10.9 acre parcel approved for 153-unit apartment complex.
Type:Commercial/Industrial
Lot size:
10.90 Acres- Added:
- Mar 9, 2021
- Days on Market:
- 1899
- Last Refresh:
- May 20 at 12:36 am
Property Features for 110 River Hills Road
General Information
- Standard status
- Active
- Lot size
- 10.90 Acres
- Property subtype
- Commercial/Industrial
Listing agent Greg Palombi License #A4077 (828) 216-4037
Listing office Dewey Property Advisors (828) 216-4037
Listing date Mar 9, 2021
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Dewey Property Advisors
HighLights
- Approved for a 153‑unit apartment complex.
- Located in an Opportunity Zone.
- High visibility from I‑240 with 52,000 vehicles per day.
- Commercial Industrial zoning allows for multiple uses (retail, hospitality, multi‑family, industrial, or mixed‑use).
- Situated next to national retail brands (Target, Dollar Tree, etc.) in River Hills Shopping Center.
- Completed due diligence items available (wetlands delineation, phase 1, ALTA survey, project plans, traffic report, and Geotech).
Overview
This 10.9 acre parcel is located at the end of Tunnel Road in the River Hills Shopping Center, adjacent to national retail brands such as Dollar Tree, Target, Michaels, movie theaters, and Dick's. The site benefits from high visibility from I-240, with a traffic volume of 52,000 vehicles per day. It is situated in an Opportunity Zone. The property has commercial industrial zoning, allowing for various uses including retail, hospitality, multi-family, industrial, or mixed-use developments. The City of Asheville has completed approval for a 153-unit apartment complex. The site has frontage along River Hills Road, providing access to the upper part of the acreage via approximately 400 feet of road frontage. Completed due diligence items are available, including an Army Corp wetlands delineation, phase 1 environmental assessment, ALTA survey, project plans, traffic report, and geotechnical report.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Asheville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5198022
- Latitude
- 35.5757228
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 10.9 acre parcel approved for 153-unit apartment complex.
Where is this commercial land located?
The property is located at 110 River Hills Road Asheville, NC.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Approved for a **153‑unit apartment complex**.; Located in an Opportunity Zone.; **High visibility from I‑240** with 52,000 vehicles per day.
