Residential Land Subdivision
For Sale
$1,325,000
548 Caribou Rd, Asheville, NC 28803
10 acres with subdivision potential in Asheville.
Property SizeContact for details
Lot Size10.00 Acres
Days on Market762
Property Features for 548 Caribou Rd
General Information
Standard status
Active
Lot size
10.00 Acres
Listing Agency:
NAI Beverly-Hanks
(828) 674-4350
Listed By:
Mark Morris · License #46982
(828) 674-4350
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 8
Last Checked: Aug 8 at 1:30PM
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 NAI Beverly-Hanks
Investment Insights
Based on property information with market context.
This 10-acre property located within the city offers potential for residential development. Under current zoning, the site has the potential for a 49-lot subdivision by right. The owner is pursuing conditional use rezoning with the aim of increasing the density of the site. The property features three points of access, including two from private dead-end streets. Public utilities are available at or near the site in multiple locations. The property is suitable for building a community of affordable or modest homes. Major subdivision and potential rezoning require a Level 3 review by the City. The status of any rezoning effort underway by the seller is to be documented in writing prior to any offer submission. The seller will cooperate with rezoning efforts depending on timing at the point of sale.
Key Highlights
- Opportunity to build a community of affordable or modest homes.
- 10 acres located within city limits.
- Potential for a 49‑lot subdivision by right under current zoning.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 28803, NC
34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 10 acres with subdivision potential in Asheville.
Where is this residential land & home lot located?
The property is located at 548 Caribou Rd Asheville, NC.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Opportunity to build a community of affordable or modest homes.; 10 acres located within city limits.; Potential for a 49‑lot subdivision by right under current zoning.
