Industrial/Commercial Development
For Sale
Contact for pricing
Pending
9999 River Hills Road, Asheville, NC 28805
High-profile 10-acre +/- parcel with approximately 400 feet of River Hills Road frontage and visibility from I-240.
Property SizeContact for details
Lot Size10.00 Acres
Days on Market121
Property Features for 9999 River Hills Road
General Information
Standard status
Pending
Lot size
10.00 Acres
Property subtype
Multifamily, Industrial
Zoning
Commercial Industrial
Site & Location
Traffic Count
52,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Opportunity Zone
Yes
Listing Agency:
Dewey Property Advisors
(828) 216-4037
Listed By:
Greg Palombi · License #204020
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 1:04PM
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
Investment Insights
Based on property information with market context.
Opportunity Zone 10-acre +/- high-profile parcel located at the end of Tunnel Road within the River Hills Shopping Center. The site is positioned next to several national retail brands, including Dollar Tree, Target, Michaels, Movie Theaters, and Dick’s.
Commercial Industrial zoning is noted as allowing for many uses, including retail, hospitality, multi-family, industrial, or mixed use. The parcel has visibility from both directions of I-240, with traffic noted at 52,000 VPD, and it was recently assembled to provide frontage along River Hills Road.
Access to the upper portion of the acreage is described as coming via approximately 400 feet +/- of road frontage on River Hills Road.
Commercial Industrial zoning is noted as allowing for many uses, including retail, hospitality, multi-family, industrial, or mixed use. The parcel has visibility from both directions of I-240, with traffic noted at 52,000 VPD, and it was recently assembled to provide frontage along River Hills Road.
Access to the upper portion of the acreage is described as coming via approximately 400 feet +/- of road frontage on River Hills Road.
Key Highlights
- 10‑acre +/- high‑profile parcel at the River Hills Shopping Center end of Tunnel Road, in an Opportunity Zone
- Approximately 400 ft +/- of frontage along River Hills Road, providing access to the upper portion of the acreage
- High visibility from both directions of I‑240 with 52,000 VPD
Property Analytics
Current Use
Lease Details
52,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Explore this area
Business Placement
Demographics for 28805, NC
18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - High-profile 10-acre +/- parcel with approximately 400 feet of River Hills Road frontage and visibility from I-240.
Where is this commercial land located?
The property is located at 9999 River Hills Road Asheville, NC.
What are key features of this property?
This property features: 10‑acre +/- high‑profile parcel at the River Hills Shopping Center end of Tunnel Road, in an Opportunity Zone; Approximately 400 ft +/- of frontage along River Hills Road, providing access to the upper portion of the acreage; High visibility from both directions of I‑240 with 52,000 VPD
