456-466 Swannanoa River Rd - 456-466 SWANNANOA RIVER ROAD
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456-466 Swannanoa River Rd - 456-466 SWANNANOA RIVER ROAD
3.11 Acres of Commercial Land Offered at $750,000 in Asheville, NC 28805
INVESTMENT HIGHLIGHTS
- Prime location for retail or multifamily development.
- All existing buildings have been demolished.
- Property fronts on well-traveled road with high visibility.
- Property is 1 mile East from Asheville Mall, across from a Walmart Supercenter, and West of Aldi Grocery.
EXECUTIVE SUMMARY
Prime retail development location. There are no buildings currently on the property. Multifamily zoning: The maximum residential density per acre within the River District shall be 30 dwelling units; or 60 dwelling units if 20 percent of the dwelling units are designated affordable "No Further Action" environmental letter on file. Survey available. Location is in the flood plain. Property is between Swannanoa River Road and Governors View Road next to Aldi. The property includes PIN 9658-53-8922-00000. Partner is NC Real Estate Broker.
I-240 east to exit 8, left on Fairview Road to end, left onto Swannanoa River Road; property on right at the stop light on Swannanoa River Rd. (Hwy. 81) across from Walmart SuperCenter. Property adjoining and west of Aldi Grocery Store. 1 mile east of Asheville Mall.
I-240 east to exit 8, left on Fairview Road to end, left onto Swannanoa River Road; property on right at the stop light on Swannanoa River Rd. (Hwy. 81) across from Walmart SuperCenter. Property adjoining and west of Aldi Grocery Store. 1 mile east of Asheville Mall.
PROPERTY FACTS Under Contract
| Price | $750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 3.11 AC |
| Property Type | Land |
| Price | $750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 3.11 AC |
1 LOT AVAILABLE
Lot
| Price | $750,000 | Lot Size | 3.11 AC |
| Price Per AC | $241,157.56 |
| Price | $750,000 |
| Price Per AC | $241,157.56 |
| Lot Size | 3.11 AC |
DESCRIPTION
Prime location for retail or multifamily development. Existing buildings on the property have been demolished and removed. Property is located between Swannanoa River Road and Governors View Road next to Aldi grocery store. Property includes PIN 9658-53-8922-00000 & 9658-53-8912-00000. Survey available.
ZONING
| Zoning Code | RD |
| RD |
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456-466 Swannanoa River Rd - 456-466 SWANNANOA RIVER ROAD
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