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Commercial Land with Pond

2784 US 70 Highway, Swannanoa, NC 28778

For Sale
$4,250,000

CS-zoned acreage combines extensive highway frontage with a traffic signal at the site.

Property SizeContact for details
Days on Market26

Property Features for 2784 US 70 Highway

General Information

Standard status Active
Property subtype Unimproved Commercial
Listing Agency: NAI Beverly-Hanks
Listed By: Mark Morris · License #TN338916
Source: Elevateasheville
Added: Oct 15 Changed: Nov 2 Last Checked: Nov 9 at 8:16AM

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

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Investment Insights

Based on property information with market context.

This commercial land assemblage comprises 10 tracts and includes an on-site pond, formerly a Grovestone mining pit. A small portion along the edge lies in a floodplain; the rest of the site is described as developable. The pond may be used for backfill or stormwater retention, subject to project plans and applicable approvals.

The property fronts US 70 Highway for an estimated 1,000 feet, with a traffic signal at the frontage. CS zoning is identified for the site. Portions of the single-family residences at 5 and 19 Watson are excluded from the assemblage. Access is restricted because heavy equipment is operating on site; an agent must accompany any visit.

Key Highlights

  • 10 tracts assembled
  • Estimated 1,000 feet of frontage on US 70 Highway, with a traffic signal
  • CS zoning

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Electrical Service Auto Repair Shop Kitchen & Bath Showroom

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

66
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Buncombe County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - CS-zoned acreage combines extensive highway frontage with a traffic signal at the site.
Where is this commercial land located?
The property is located at 2784 US 70 Highway Swannanoa, NC.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 10 tracts assembled; Estimated 1,000 feet of frontage on US 70 Highway, with a traffic signal; CS zoning
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