Swannanoa Acreage Near
For Sale
$1,000,000
2236 US 70 Highway, Swannanoa, NC 28778
Acreage near Asheville, potential affordable housing development site.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market1249
Property Features for 2236 US 70 Highway
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
NAI ALLEN TATE BEVERLY-HANKS COMMERCIAL
(828) 210-3940
Listed By:
JAMES MORGAN · License ##308343
Source:
Corcoran
Added: Mar 20, 2023
Changed: Aug 8
Last Checked: Aug 8 at 1:44PM
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 ALLEN TATE BEVERLY-HANKS COMMERCIAL
Investment Insights
Based on property information with market context.
This +/- acre property is located near two recent multifamily developments of 60 and 95 units in Swannanoa, North Carolina, approximately 15 to 20 minutes from downtown Asheville. The property, situated outside the city limits of Asheville, presents a potential site for affordable housing development. A sewer line runs along a small stream in front of the two houses located on the property; however, no value is placed on these houses, which are currently occupied by month-to-month tenants according to the owner. The property is approximately 1 mile from I-40, which has an Average Annual Daily Traffic (AADT) of +/- 50,000, and about 10 minutes from the VA hospital, the Blue Ridge Parkway, and the John B Lewis soccer fields. This section of US 70 has an AADT of +/- 11,000. There is a sewer easement along Franklin Road.
Key Highlights
- Potential affordable housing development site.
- Located outside Asheville city limits.
- Sewer line available on property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Explore this area
Business Placement
Demographics for 28778, NC
10,328
Population
4,865
Households
2.1
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
32.5 sq mi
ZIP Area
318
Density / Sq Mi
$72,717
Median Household Income
$36,218
Median Earnings
$1,004
Median Rent
$273,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Acreage near Asheville, potential affordable housing development site.
Where is this residential land & home lot located?
The property is located at 2236 US 70 Highway Swannanoa, NC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Potential affordable housing development site.; Located outside Asheville city limits.; Sewer line available on property.
