Listing by: Greg Palombi, The Real Estate Center, gp@realasheville.net
0 Beds
n/a Full bath
n/aSqFt
Active
City of Asheville approval complete for a 153 unit apartment complex. Opportunity Zone. 10.9 acre +/- high profile parcel at the end of Tunnel Road in the River Hills Shopping Center next to several national retail brands including Dollar Tree, Target, Michaels, Movie Theaters, and Dick's. . Commercial Industrial zoning allows for many uses including retail, hospitality, multi-family, industrial, or mixed use. Site has great visibility from both directions of I-240 with 52,000 VPD. Recently assembled to frontage along River Hills Road to give access to upper part of the acreage via 400 feet +/- of road frontage. Completed due diligence items available include: Army Corp wetlands delineation, phase 1, Alta survey, project plans, traffic report, and Geotech.
Property Details | ||
|---|---|---|
| Price | $2,600,000 | |
| Lot Size Area | 10.9 | |
| Lot Size Area Units | Acres | |
| Acres | 10.9 | |
| Property Type | Commercial | |
| MLS Sub type | Unimproved Commercial | |
| Year Built | 0 | |
| Roof | None | |
| Heating | None | |
| Foundation | None | |
Geographic Data | ||
| Directions | River Hills Road Towards Target. On the left across from Dollar Tree. | |
| County | Buncombe | |
| Latitude | 35.573745 | |
| Longitude | -82.518605 | |
Address Information | ||
| Address | 110 River Hills Road, Asheville, NC 28805 | |
| Postal Code | 28805 | |
| City | Asheville | |
| Cross Street | Wood Avenue | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | The Real Estate Center | |
| Listing Office Phone | 828-255-4663 | |
| Listing Agent | Greg Palombi | |
| Listing Agent Phone | 828-216-4037 | |
| Attribution Contact | gp@realasheville.net | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Cash, Conventional | |
| Virtual Tour URL | vimeo.com/496658563 | |
MLS Information | ||
| Days on market | 625 | |
| MLS Status | Active | |
| Listing Date | Jan 11, 2021 | |
| Listing Last Modified | Mar 3, 2025 | |
| Tax ID | 965842023900000 | |
| MLS # | CAR3697386 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
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