For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

110 River Hills Rd Asheville, NC 28805

Loading data...
Loading data...
Loading data...
For Sale
$2,600,000

10.9 acre parcel approved for 153-unit apartment complex.

Lot size:
10.90 Acres

Property Features for 110 River Hills Rd

General Information

Standard status
Active
Lot size
10.90 Acres

We can help!

Listing Contact
Greg Palombi
Source: Exprealty

Listing Agency: The Real Estate Center Listing Agent: Greg Palombi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more


Overview

Asheville Land Parcel for Development

This 10.9 acre parcel is located at the end of Tunnel Road in the River Hills Shopping Center in Asheville. The site is situated next to national retail brands including Dollar Tree, Target, Michaels, movie theaters, and Dick's. It benefits from high visibility from both directions of I-240, with a traffic volume of 52,000 vehicles per day. The property is located in an Opportunity Zone. City of Asheville approval is complete for a 153-unit apartment complex. The Commercial Industrial zoning allows for a variety of uses, including retail, hospitality, multi-family, industrial, or mixed-use developments. 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 available include: Army Corp wetlands delineation, phase 1, ALTA survey, project plans, traffic report, and Geotech.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Asheville
County
Buncombe
State
North Carolina
Longitude
-82.5198022
Latitude
35.5757228

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 Rd 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, ready for development.; - Located in an Opportunity Zone, offering potential tax benefits.; - High visibility location with 52,000 vehicles per day (VPD) from I-240.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message