Property Photo: 110 River Hills Road NC 28805

Listing Courtesy of: The Real Estate Center - Contact: gp@realasheville.net

110 River Hills Road Asheville, NC 28805

Pending (747 Days)

$2,600,000

10.9

ACRES

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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.

MLS #:
3697694

Lot Size
10.9 acres

Type
Land

County
Buncombe County

Listed By

Greg Palombi, The Real Estate Center, Contact: gp@realasheville.net

Source
CANOPY MLS - IDX as distributed by MLS Grid
Last checked Dec 26 2024 at 2:03 PM GMT+0000

Bathroom Details

Property Features

Foundation: None

Utility Information

Utilities: Underground Utilities, Electricity Connected
Sewer: Public Sewer

School Information

Elementary School: Unspecified
Middle School: Unspecified
High School: Unspecified

Additional Information: The Real Estate Center | gp@realasheville.net

Location

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Listing to Address

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Listing Price History

Date

Event

Price

% Change

$ (+/-)

Jan 05, 2023

Price Changed

$2,600,000

24%

500,000

Oct 12, 2021

Price Changed

$2,100,000

17%

300,000

Jan 11, 2021

Original Price

$1,800,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by ERA Live Moore and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 12/26/24 06:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.