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West Asheville Multifamily Development Site
For Sale
$2,500,000
Pending

99999 Hi Alta Ave, Asheville, NC 28806

Over 4 acres in West Asheville, zoned RM-8.

Property SizeContact for details
Lot Size4.00 Acres
Days on Market370

Property Features for 99999 Hi Alta Ave

General Information

Standard status Pending
Lot size 4.00 Acres
Property subtype Land
Listing Agency: Likewise Commercial Real Estate
Listed By: James Diaz · License #200236
Source: Exprealty
Added: Oct 3, 2025 Changed: Sep 11 Last Checked: Oct 5 at 11:27PM

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 Likewise Commercial Real Estate

Investment Insights

Based on property information with market context.

This is a rare infill multi-family development site with all utilities. The property, zoned RM-8, consists of over 4 acres located within the city in a highly desirable area of West Asheville. It is situated minutes from multiple grocery stores, restaurants, and neighborhood goods and services. The land is relatively flat with a limited, gentle slope, allowing for maximum land utilization.

Key Highlights

  • Rare infill multi‑family development site within the City.
  • Zoned RM‑8, allowing for multi‑family development.
  • Over 4 acres of land.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Over 4 acres in West Asheville, zoned RM-8.
Where is this residential land & home lot located?
The property is located at 99999 Hi Alta Ave Asheville, NC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Rare infill multi‑family development site within the City.; Zoned RM‑8, allowing for multi‑family development.; Over 4 acres of land.
More about this property
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