22
See all 22 photos
$2,600,000
Est. payment /mo
10.9 Acres Lot
Active
110 River Hills RD Asheville, NC 28805
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UPDATED:
02/25/2025 12:51 PM
Key Details
Property Type Commercial
Sub Type Unimproved Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3697386
Lot Size 10.900 Acres
Acres 10.9
Property Sub-Type Unimproved Commercial
Property 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.
Location
State NC
County Buncombe
Zoning CI
Interior
Heating None
Inclusions Land
Exterior
Waterfront Description None
Roof Type None
Street Surface Paved
Garage false
Building
Foundation None
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Greg Palombi • The Real Estate Center • gp@realasheville.net
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