0 Holbrook Rd, Candler, NC 28806
This exceptional 24.5-acre parcel (to be surveyed) in Buncombe County, NC, presents a compelling investment opportunity. Located on Holbrook Road in Candler, near the new Mission Hospital site and convenient to I-40 and Patton Avenue, this R-2 zoned property boasts breathtaking long-range mountain views and a picturesque creek. The land offers excellent development potential, with estimates suggesting it could support over 200 units. While a portion lies within a floodplain, the majority of the acreage provides ample buildable space. The property shares a boundary with the new Mission Hospital campus, placing it in close proximity to Asheville's vibrant downtown area. Additional acreage may be available through the inclusion of neighboring parcels, totaling up to 36 acres. Access is available via Holbrook Road, with potential access from Crowell Road. The asking price is $3,800,000, translating to approximately $297,117 per acre. The property's APN is a portion of 9618-70-8830-00000. This is a rare chance to acquire a significant land holding in a rapidly growing area with exceptional views and convenient access to major roadways and amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.