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Downtown Asheville Development Land
For Sale
$500,000

76 Katherine Street, Asheville, NC 28806

Two parcels offer RM8-zoned development potential near downtown Asheville, with one site improved by an older home and outbuilding.

Property SizeContact for details
Lot Size0.76 Acres
Days on Market599

Property Features for 76 Katherine Street

General Information

Standard status Active
Lot size 0.76 Acres
Property subtype Land / Lot
Zoning RM8

Amenities

No
Paved
Listing Agency: Modern Mountain Real Estate Company LLC
Listed By: Michael Finley · License #294600
Source: Compass
Added: Dec 30, 2024 Changed: Aug 8 Last Checked: Mar 25 at 5:48PM

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 Modern Mountain Real Estate Company LLC

Investment Insights

Based on property information with market context.

This offering includes two parcels totaling approximately 0.76 acres, positioned for development with views toward downtown Asheville. RM8 zoning provides for a variety of possibilities, including cottage development. One parcel is improved with an older home and outbuilding that will be conveyed at no value, and the other is an unimproved lot.

The property is described as being just across the river from downtown, while still close enough to access Asheville’s amenities within minutes. It is also noted as being far enough off Patton to help limit noise.

For buyers seeking a centrally located development site with RM8 zoning and a mix of improved and unimproved lot conditions, this package can serve as a flexible starting point.

Key Highlights

  • Two parcels totaling approximately 0.76 acres just across the river from downtown Asheville
  • RM8 zoning allows for multiple development possibilities, including cottage development
  • Property has a view of downtown Asheville

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two parcels offer RM8-zoned development potential near downtown Asheville, with one site improved by an older home and outbuilding.
Where is this residential land & home lot located?
The property is located at 76 Katherine Street Asheville, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two parcels totaling approximately 0.76 acres just across the river from downtown Asheville; RM8 zoning allows for multiple development possibilities, including cottage development; Property has a view of downtown Asheville
More about this property
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