455 Long Shoals Rd, Arden, NC 28704
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.
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.