3862 Sweeten Creek Rd Arden, NC 28704
- Commercial real estate
- 12.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3862 Sweeten Creek Rd
- Year built
- 1900
- Lot size
- 12.43 lot acres
- Property type
- Commercial real estate
Description
This exceptional 12.43-acre commercial property presents a remarkable opportunity for developers seeking a prime location in Arden, NC. Situated on Sweeten Creek Road, this site boasts approximately 500 feet of road frontage, offering excellent visibility and accessibility. The property is zoned RM-16 within the City of Asheville, making it ideally suited for a variety of high-density projects, including multi-family apartments, townhomes, or build-to-rent (BTR) developments. The existing structures on the land, an older home and barn/shed, are considered to have little to no value and are sold as-is. The sale includes two parcels: 9654-44-4259 and 9654-44-1465 in Buncombe County. A significant advantage is the North Carolina Department of Transportation's planned widening of Sweeten Creek Road to four lanes, promising increased traffic flow and enhanced property value in the future. While the property includes a small creek, it also benefits from the presence of a sewer line, simplifying infrastructure development. This is a rare opportunity to acquire a substantial parcel of land with exceptional development potential in a rapidly growing area. The asking price is $3,200,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arden
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5116
- Latitude
- 35.46969
