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    OFF-MARKET
    Land

    0 Airport Rd, Arden, NC 28704

    7.57 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.57-acre commercial land parcel in Arden, North Carolina, presents a remarkable development opportunity. Located on Airport Road, this property boasts a highly desirable location within blocks of the Asheville Regional Airport and the I-26 interchange, providing unparalleled access to major transportation arteries. The site is situated in a cul-de-sac, adjacent to established businesses including Aldi's and Bojangles, and near the recently constructed Sweetgrass Apartments (248 units). The surrounding area features a diverse mix of national quick-service restaurants, big-box retailers (Lowes, Dick's, Hobby Lobby, Walmart, Target, Ingles, etc.), strip retail centers, hotels, and more. West of the airport, the property is also near Amazon, Sierra Nevada Brewery, and various national industrial, warehouse, and distribution facilities. The property's zoning permits highway commercial use, making it suitable for a variety of developments, including logistics, self-storage, apartments, or mixed-use projects. The topography allows for tiered development to accommodate multiple uses. While water and sewer are nearby, potential buyers should conduct due diligence to confirm availability and capacity. Some site fill may be required

    Property profile
    Verified
    Property type Land
    Lot 7.57 ac (329,749 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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