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    Holbrook Rd Candler, NC 28806

    Sponsored
    For Sale
    $3,800,000

    Mountain Views, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 24.5-acre parcel (to be surveyed) in Buncombe County, NC, presents a compelling investment opportunity. Located on Holbrook Road in Candler, near the new Mission Hospital site and convenient to I-40 and Patton Avenue, this R-2 zoned property boasts breathtaking long-range mountain views and a picturesque creek. The land offers excellent development potential, with estimates suggesting it could support over 200 units. While a portion lies within a floodplain, the majority of the acreage provides ample buildable space. The property shares a boundary with the new Mission Hospital campus, placing it in close proximity to Asheville's vibrant downtown area. Additional acreage may be available through the inclusion of neighboring parcels, totaling up to 36 acres. Access is available via Holbrook Road, with potential access from Crowell Road. The asking price is $3,800,000, translating to approximately $297,117 per acre. The property's APN is a portion of 9618-70-8830-00000. This is a rare chance to acquire a significant land holding in a rapidly growing area with exceptional views and convenient access to major roadways and amenities.

    Property Features for 0 Holbrook Rd

    General Information

    Property type
    Land

    HighLights

    • Adjacent to the new Mission Hospital campus.
    • Convenient to I‑40, Patton Avenue, and downtown Asheville.
    • Offers breathtaking mountain views.
    • Located in a rapidly developing area.
    • Development potential for over 200 units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Candler
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.6441133
    Latitude
    35.5644342

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    FAQs

    What type of property is this?
    Land - Mountain Views, Development Potential
    Where is this land located?
    The property is located at Holbrook Rd Candler, NC.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: Adjacent to the new Mission Hospital campus.; Convenient to I-40, Patton Avenue, and downtown Asheville.; Offers breathtaking mountain views.
    (828) 508-9589
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    Holbrook Rd Candler, NC 28806
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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
    Holbrook Rd Candler, NC 28806
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