Biltmore Village Redevelopment
For Sale
$975,000
71 Thompson Street, Asheville, NC 28803
Prime redevelopment land in Biltmore Village near Biltmore Estate.
Property SizeContact for details
Lot Size0.93 Acres
Days on Market640
Property Features for 71 Thompson Street
General Information
Standard status
Active
Total Parking Spaces
75
Lot size
0.93 Acres
Property subtype
Commercial
Amenities
No
Land
0.93
Existing Parking lot includes +/- 75 Spaces
75
Parking Lot,Parking Space(s)
Paved
Publicly Maintained Road
Listing Agency:
Rinehart Realty Corporation
(864) 242-6650
Listed By:
Robbie Haney · License #77542
(864) 270-4192
Source:
Cdanjoyner
Added: Dec 18, 2024
Changed: Sep 18
Last Checked: Sep 19 at 6:08AM
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 Rinehart Realty Corporation
Investment Insights
Based on property information with market context.
This +/- 0.93-acre redevelopment opportunity is located at 71 Thompson St, Asheville, NC, in the heart of Biltmore Village. The property, consisting of a 5-parcel assemblage, is situated within the River zoning district and the "All" hotel overlay district. It has over 300 feet of road frontage on Thompson Street and offers convenient access to downtown Asheville. The location is within walking distance of the Biltmore Estate. The property was heavily impacted by hurricane Helene and is ready for new, creative redevelopment vision. This expansive property offers an exceptional opportunity for investors looking to lead the charge in bringing new life and creative redevelopment into the core of Biltmore Villages post Helene recovery.
Key Highlights
- Unique redevelopment opportunity in central Biltmore Village location.
- Located within the 'All' hotel overlay district.
- 5‑parcel assemblage totaling +/- .93 acres.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,460
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime redevelopment land in Biltmore Village near Biltmore Estate.
Where is this commercial land located?
The property is located at 71 Thompson Street Asheville, NC.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Unique redevelopment opportunity in central Biltmore Village location.; Located within the 'All' hotel overlay district.; 5‑parcel assemblage totaling +/- .93 acres.
