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548 Caribou Rd

10 Acres of Residential Land Offered at $1,325,000 in Asheville, NC 28803

Property Facts

Price $1,325,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.00 AC

1 Lot Available

Lot

Price $1,325,000
Price Per AC $132,500
Lot Size 10.00 AC

Description

10 acres "in the City"; potential 49 lot S/D by right under current zoning with owner pursuing CU rezoning in hopes to greater densify the site! Great subdivision potential, 3 points of access from 3 private dead-end streets! Public utilities at or near the site in multiple locations! Build here - a lifestyle, a community - affordable or modest homes! Rarely does such an opportunity become available. Major subdivision and potential rezoning require a Level 3 review by the City; status of any rezoning effort underway by seller is to be documented in writing prior to any offer submission; seller will co-op rezoning efforts depending on timing at point of sale. Talk to listing agent re: the status of seller's rezoning effort prior to making an offer; rezoning approval is not a guarantee. Any value added as a result of seller's rezoning effort enures to the benefit of buyer; offers accepted only after written disclosure and a rezoning update by parties.

zoning

Zoning Code RS4 (Residential service)
RS4 (Residential service)
  • Listing ID: 20539386

  • Date on Market: 8/6/2020

  • Last Updated:

  • Address: 548 Caribou Rd, Asheville, NC 28803

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