$2,600,000
Accepting Backup Offers

110 River Hills Road

Asheville, NC 28805
Browse 22 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

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
      • Property SubtypeUnimproved Commercial
      • Parcel Number965842023900000
      • Original List Price$1,800,000
      • Property TypePurchase
      • CountyBuncombe
      • MLS #3697386
      • Cost2600000
      • MLS #3697386
      • Acres10.9
      • CoolingN/A
      • Cooling FeaturesN/A
      • Days on Market (Cumulative)627

Location

Hudson Advantage RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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