$6,289,400
Est. Payment: $32,327/mo
Adjust down payment, rate & terms
0 Swannanoa River Rd, Asheville, NC 28803
Asheville, NC 28803
0
bedrooms
N/A
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
About This Property
Look Close! This 10.063 acres across seven parcels held under multiple entity ownerships offers the potential for acquisition and redevelopment for multifamily use– affordable, work force, market rate, LIHTC– you decide. Singularly, each ownership segment presents challenges relative to: FEMA’s 50% rule, slope, floodplain and floodway ordinances. Combined, with calculated thought, the door to opportunity is opened for multifamily redevelopment by shifting proposed buildout to the middle of all the conjoined land & taking advantage of the UP, RM8 & RIV zoning (or conditional use rezoning) blending all land tracts under a single use concept! Combined, some development hurdles are potentially mitigated. Resources, grants and low interest loans are potentially available to make this post disaster land opp the rising phoenix! Buyer to conduct all due diligence; by appointment only, buildings occupied– do NOT ride on property; agent must accompany!
About the Neighborhood
Looking for the perfect Commercial Sale in Asheville? The 28803 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Stories: 1
- New Construction: No
- MLS #: 4308729
Association
- HOA Required: No
Utilities
- Electricity Connected
- Other - See Remarks
Parking Features
- Driveway
- Other - See Remarks
Exterior Features
- Fencing: Partial
Other Structures
- Outbuilding
- Shed(s)
- Workshop
- Other - See Remarks
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
Sewer
- Public Sewer
- Other - See Remarks
WaterSource
- City
- Public
- Other - See Remarks
View
- City
- Long Range
- Mountain(s)
Tax and Financial Info
- Listing Terms: Cash, Other - See Remarks
Location
Similar homes nearby
LISTING COURTESY OF: NAI ALLEN TATE BEVERLY-HANKS COMMERCIAL
markmorris@naibeverly-hanks.com
$6,289,400
Est. Payment: $32,327/mo
Adjust down payment, rate & terms
Asheville, NC 28803
0
bedrooms
N/A
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of NAI Allen Tate Beverly-Hanks Commercial
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.
$6,289,400
0 Swannanoa River Road
0 bed, 0 bath