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131 Old Charlotte Hwy - 131 Old Charlotte Hwy, Fairview, NC

0.85 Acres of Commercial Land Offered at $249,000 in Asheville, NC 28803

Executive Summary

Adjacent to the Eastwood Village, a mixed-use community serving Fairview, NC. Also adjacent to an approved 516-unit residential development to the east. Just 1/10th mile from US-74A (Charlotte Hwy), 5-lane with 20,500 to 26,600 AADT. Prime in-fill development site to feed off this high growth corridor with superb connectively to interstates 40, 240 and 26 and all of Asheville. Flexible zoning (City of Asheville CBI) allows commercial and residential uses. Dilapidated home has no value and was connected to city water and public sewer. Buyer to verify potential for reconnecting public utilities (see attached water/sewer map).

Property Facts

Price $249,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.85 AC

1 Lot Available

Lot

Price $249,000
Price Per AC $292,941
Lot Size 0.85 AC

Description

City of Asheville Zoning Community Business I District:The Community Business I District is established to provide areas for medium-density business and service uses serving several residential neighborhoods. This community business center may serve as a workplace for many residents in the surrounding neighborhoods and should be sensitive to a significant pedestrian population, but also provide for adequate and safe vehicular access. The Community Business I District is designed to be located primarily along streets which serve multiple residential neighborhoods. The maximum residential density per acre within the Community Business I District shall be 20 dwelling units; or 40 dwelling units if 20 percent of the dwelling units are designated affordable. New structures in the Community Business I District shall have a building footprint of not more than 6,000 square feet. The gross floor area of new structures shall not exceed 12,000 square feet.

zoning

Zoning Code CBI (See property description)
CBI (See property description)
  • Listing ID: 32464265

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 131 Old Charlotte Hwy, Asheville, NC 28803

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