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Low-Density Multi-Family Land

99999 Knauth Road, Asheville, NC 28805

For Sale
$340,000

Land, Asheville, NC

Property SizeContact for details
Lot Size0.55 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 9668273596000000
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Deed Date: 01/19/2016 Deed: 5398-1114 SubDiv: Craig&Thomasson Property Lot:11 BlockB Plat:007-006
Tax Annual Amount 103
Legal Description Deed Date: 01/19/2016 Deed: 5398-1114 SubDiv: Craig&Thomasson Property Lot:11 BlockB Plat:007-006

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Water source Private
Listing Agency: Compass -- Raleigh
Listed By: Brent Henson · License #172086
Added: Jun 5 Changed: Sep 25 Last Checked: Nov 9 at 9:06AM
MLS# 10172289

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 offering is for a for-sale land parcel in Asheville, NC with a multi-family low-density zoning designation. The property is presented as a buildable home or development site under the current zoning parameters, with additional flexibility for buyers seeking an income-producing approach. Lots 4, 10, and 11 are also available.

The site is described as being within the city limits, supporting easier access to city services. Public remarks also note proximity to an elementary school and the VA Hospital, which may be relevant for household and tenant considerations.

For buyers who want land that can support either a personal residence or a small-scale multi-family concept, this parcel provides a straightforward zoning fit. The availability of additional lots (4, 10, and 11) may also be helpful for assembling a larger plan within the same general area. Interested parties should confirm development specifics and permitting requirements based on the applicable zoning and intended use.

Key Highlights

  • Within Asheville city limits, providing access to city services
  • Low‑density multi‑family designation offers flexibility for investors and homeowners
  • Walkable access to the elementary school

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
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - In-city lot with low-density multi-family zoning, offering flexibility for residential or income-oriented development.
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 $340,000.
What are key features of this property?
This property features: Within Asheville city limits, providing access to city services; Low‑density multi‑family designation offers flexibility for investors and homeowners; Walkable access to the elementary school
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