9999 River Hills Road Asheville, NC 28805

Listing agency Dewey Property Advisors g***@deweypa.com Show Phone

Listed by Greg Palombi · License #204020

Source Crexi

Added: Apr 11 Updated: Jul 20 at 11:33PM Checked: Jul 21 at 5:12AM

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Investment Insights

Based on property information with market context.

Opportunity Zone 10-acre +/- high-profile parcel located at the end of Tunnel Road within the River Hills Shopping Center. The site is positioned next to several national retail brands, including Dollar Tree, Target, Michaels, Movie Theaters, and Dick’s.

Commercial Industrial zoning is noted as allowing for many uses, including retail, hospitality, multi-family, industrial, or mixed use. The parcel has visibility from both directions of I-240, with traffic noted at 52,000 VPD, and it was recently assembled to provide frontage along River Hills Road.

Access to the upper portion of the acreage is described as coming via approximately 400 feet +/- of road frontage on River Hills Road.

Key Highlights

• 10‑acre +/- high‑profile parcel at the River Hills Shopping Center end of Tunnel Road, in an Opportunity Zone
• Approximately 400 ft +/- of frontage along River Hills Road, providing access to the upper portion of the acreage
• High visibility from both directions of I‑240 with 52,000 VPD

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FAQs

What type of property is this?

Commercial land - High-profile 10-acre +/- parcel with approximately 400 feet of River Hills Road frontage and visibility from I-240.

Where is this commercial land located?

The property is located at 9999 River Hills Road Asheville, NC.

What are key features of this property?

This property features: 10‑acre +/- high‑profile parcel at the River Hills Shopping Center end of Tunnel Road, in an Opportunity Zone; Approximately 400 ft +/- of frontage along River Hills Road, providing access to the upper portion of the acreage; High visibility from both directions of I‑240 with 52,000 VPD