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.
Address
Open on Google Maps- Address 110 River Hills Road
- City Asheville
- State/county NC
- Zip/Postal Code 28805
Details
Updated on March 3, 2025 at 10:46 pm- Property ID: 3697386
- Price: $2,600,000
- Land Area: 10.9 m²
- Garage Size: x x
- Property Type: Unimproved Commercial, Commercial Sale
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash,Conventional
- Roof: None
- Cooling: N/A
- Heating: None
- County: Buncombe
- Property Type: Commercial Sale
- Waterfront: None
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