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    1945 Hendersonville Rd Asheville, NC 28803

    For Sale
    $3,000,000

    Prime Hendersonville Rd development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.55-acre commercial land parcel, located at 1945 Hendersonville Road in Asheville, North Carolina (APN: 9655-13-7472-00000), presents a unique investment opportunity. Priced at $3,000,000 ($1,176,470.59/acre), this property boasts a highly desirable location just south of Long Shoals Road, experiencing an average daily traffic count of 33,500 vehicles. Currently zoned RM6, it's ideally suited for low-density multifamily development. The site's infrastructure is advantageous, with sewer access directly across Hendersonville Road, and readily available water, power, and natural gas connections. Further enhancing its appeal, a pre-engineered site plan for a two-unit medical complex is available for review. This prime location and existing plan make this a compelling opportunity for developers seeking a strategic entry point into the Asheville market. The property's zoning and infrastructure make it suitable for a variety of commercial uses, offering flexibility and potential for significant return on investment. Interested parties should conduct their own due diligence to verify all information and assess the suitability of the property for their intended use. The seller has a familial relationship with the listing agent.

    Property Features for 1945 Hendersonville Rd

    General Information

    Property type
    Land

    HighLights

    • $3,000,000 asking price for 2.55 acres of commercial land.
    • Located at 1945 Hendersonville Rd, Asheville, NC 28803 (APN: 9655‑13‑7472‑00000).
    • RM6 zoning, suitable for low‑density multifamily development.
    • High traffic location on Hendersonville Road, averaging 33,500 cars daily.
    • Utilities readily available; sewer across Hendersonville Rd, water, power, and natural gas nearby.
    • Engineered site plan for a 2‑unit medical complex available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    37021
    State
    North Carolina
    Longitude
    -82.522397
    Latitude
    35.494304

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    FAQs

    What type of property is this?
    Land - Prime Hendersonville Rd development site.
    Where is this land located?
    The property is located at 1945 Hendersonville Rd Asheville, NC.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price for 2.55 acres of commercial land.; Located at 1945 Hendersonville Rd, Asheville, NC 28803 (APN: 9655-13-7472-00000).; RM6 zoning, suitable for low-density multifamily development.
    (828) 329-6597
    Request Owner's contact information
    1945 Hendersonville Rd Asheville, NC 28803
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    Asheville, NC 28803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1945 Hendersonville Rd Asheville, NC 28803
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