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Low-Density Multi-Family Land Lot

99999 Knauth Road, Asheville, NC 28805

For Sale
$85,000

Land, Asheville, NC

Property SizeContact for details
Lot Size0.13 Acres
Days on Market158

Property Features for 99999 Knauth Road

General Information

Property type Land
Property subtype Other
Zoning Multi Fam Low D
Vegetation Natural State
Subdivision Not in a Subdivision
Lot features Wooded
Elementary school Asheboro City Schools
Middle school Asheville - Asheville Middle
High school Asheville - Asheville High
Standard status Active
APN 9668275505000000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Deed Date: 01/19/2016 Deed: 5398-111 SubDiv: Craig&Thomasson Property Lot:4 Block B Plat:007-006
Tax Annual Amount 427
Legal Description Deed Date: 01/19/2016 Deed: 5398-111 SubDiv: Craig&Thomasson Property Lot:4 Block B Plat:007-006
Listing Agency: Compass -- Raleigh
Listed By: Brent Henson · License NC #172086
Added: Jun 5 Changed: Aug 31 Last Checked: Nov 9 at 1:06PM
MLS# 10172278

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This listing offers a residential land lot with a low-density multi-family (Multi Fam Low D) zoning designation. The property is sized at 0.13 acres and is available for buyers who want a flexible site for either a home build or an income-oriented project. The seller is also offering Lots 3, 10, and 11 in addition to the subject lot.

The property is located within the city limits, which can support convenient access to city services. Public remarks also indicate it is within walking distance of an elementary school and near the VA Hospital, which may appeal to a range of buyer and tenant profiles.

For prospective homeowners, the low-density multi-family designation can provide options beyond a strictly single-use plan, while still keeping the site sized for a straightforward development approach. For investors, the zoning classification may allow for multi-family-focused planning within the low-density framework described in the listing. Buyers are encouraged to review zoning requirements and any development or permitting considerations prior to purchase.

Key Highlights

  • Lots 3, 10, and 11 available for building or development.
  • Property is within Asheville city limits for access to city services.
  • Low‑density multi‑family designation offers flexibility for investors and homeowners.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Building Supply 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

618
Businesses Nearby

Demographics for 28805, NC

18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
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 - Build a residence or income-focused property on a low-density multi-family designated lot within city limits.
Where is this residential land & home lot located?
The property is located at 99999 Knauth Road Asheville, NC.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Lots 3, 10, and 11 available for building or development.; Property is within Asheville city limits for access to city services.; Low‑density multi‑family designation offers flexibility for investors and homeowners.
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