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    Land

    455 Long Shoals Rd, Arden, NC 28704

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    Property summary
    AI-generated overview

    This exceptional parcel of undeveloped land presents a rare opportunity for commercial development in Arden, North Carolina. Situated on Long Shoals Road in Buncombe County, this property boasts unparalleled visibility and accessibility, directly across Interstate 26 from the thriving Biltmore Park mixed-use development, where average home prices approach $900,000. The location offers convenient access to Asheville Regional Airport (one exit south) and benefits from high daily interstate traffic counts exceeding 66,500 vehicles (per NCDOT data). The property features rolling to gentle topography and is conveniently located just outside Asheville city limits. Currently zoned R2, this land presents significant potential for a variety of commercial uses. While sewer access is available across Long Shoals Road, a potential easement could provide access to the traffic light at the Long Shoals Road/Clayton Road intersection. Note that an underground natural gas line easement runs along the southern property border. This is one of the last remaining undeveloped tracts on Long Shoals Road, making it a truly unique investment opportunity.

    Property profile
    Verified
    Property type Land
    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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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