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    32 Hounds Ear Dr Asheville, NC 28801

    Sponsored
    For Sale
    $3,500,000

    Asheville, NC: Prime 2.84-acre lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.84-acre parcel in Asheville's vibrant River Arts District presents a rare development opportunity. Located at 32 Hounds Ear Dr, Asheville, NC 28801 (APN: 9638774392

    Property Features for 32 Hounds Ear Dr

    General Information

    Property type
    Land
    Lot Size
    123,710 SF

    HighLights

    • Prime location in Asheville's desirable River Arts District.
    • Existing entitlements offer development advantages.
    • Potential for a single‑family home compound, buffered by mature trees.
    • Multiple access points to the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Dental Office Realty agency Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5564559
    Latitude
    35.5927461

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    FAQs

    What type of property is this?
    Land - Asheville, NC: Prime 2.84-acre lot.
    Where is this land located?
    The property is located at 32 Hounds Ear Dr Asheville, NC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Prime location in Asheville's desirable River Arts District.; Existing entitlements offer development advantages.; Potential for a single-family home compound, buffered by mature trees.
    Request Owner's contact information
    32 Hounds Ear Dr Asheville, NC 28801
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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
    32 Hounds Ear Dr Asheville, NC 28801
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