99999 Patton Ave Asheville, NC 28806

Property Details for 99999 Patton Ave

Lot size

0.34 lot acres

Zone code

DEED DATE: 2023-05-30 DEE

Property type

Commercial land

APN

9638-48-6048-00000

APU

963848604800000

Description

This exceptional 1.57-acre commercial land parcel, located at 99999 Patton Avenue in Asheville, North Carolina (zip code 28806), presents a compelling investment opportunity. Priced at $425,000 ($270,700/acre), this property boasts an enviable location on a major Asheville thoroughfare, Patton Avenue, directly off the I-240 West on-ramp. The RM-8 zoning permits a wide range of development options, including medium-density multi-family housing, single-family residences (both attached and detached), and compatible non-residential uses, creating a versatile platform for various projects. This zoning designation is intended to facilitate a transition between higher-density and lower-density areas. The site benefits from exceptional visibility due to its position on Patton Avenue and Interstate 240, a corridor experiencing over 46,000 vehicles daily. Utilities are readily available, including public water, sewer (a 20" line runs through the property), and electricity. While a majority of the property lies within a flood zone, this factor should be carefully considered during the planning and development phases. The property's proximity to a residential neighborhood adds to its appeal and potential for a balanced development. This prime location offers significant potential for both residential and commercial development, making it an attractive investment in a thriving Asheville market. The Buncombe County APN is 963858000800000.