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110 River Hills Rd - 110 River Hills Road
10.9 Acres of Commercial Land Offered at £2,051,400 in Asheville, NC 28805
Investment Highlights
- Next to several national retail brands including Dollar Tree, Target, Michaels, Movie Theaters, and Dick's.
- Recently assembled to frontage along River Hills Road to give access to upper part of the acreage via 400 feet +/- of road frontage.
- Great visibility.
Executive Summary
Property Facts
| Price | £2,051,400 | Proposed Use | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 10.90 AC |
| No. Lots | 1 | Cross Streets | Wood Ave |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Price | £2,051,400 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 10.90 AC |
| Cross Streets | Wood Ave |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £2,051,400 | Lot Size | 10.90 AC |
| Price Per AC | £188,202 |
| Price | £2,051,400 |
| Price Per AC | £188,202 |
| Lot Size | 10.90 AC |
10.9 acre +/- high profile parcel at the end of Tunnel Road in the River Hills Shopping Center.
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. 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 TAXES
| Parcel Number | 9658-42-0239-00000 | Improvements Assessment | £0 |
| Land Assessment | £444,680 | Total Assessment | £444,680 |
PROPERTY TAXES
zoning
| Zoning Code | CI (Commercial/Industrial) |
| CI (Commercial/Industrial) |
-
Greg Palombi -
The Real Estate Center
Presented by
110 River Hills Rd - 110 River Hills Road
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