110 River Hills Road Asheville, NC 28805
Listing Courtesy of: The Real Estate Center

  110 River Hills Road Asheville, NC 28805

Pending (686 Days)
$2,600,000

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 Apr 15 2024 at 5:22 AM 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 Listing Info
  • Buyer Brokerage Commission: 3
Location
   
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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
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Mortgage calculator estimates are provided by ERA Real Estate 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 4/14/24 22:22. 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.