$2,600,000
Accepting Backup Offers

110 River Hills Road

Asheville, NC 28805
10.90 acres | #3697386
Browse 22 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Interior Details
      • CoolingN/A
      • Cooling FeaturesN/A
  • Property Details
      • Acres10.9
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyBuncombe
  • Financial Details
      • Original List Price$1,800,000
      • Days on Market (Cumulative)689
  • Other
      • MLS #3697386

Location

Legal

Based on information submitted to the MLS GRID as of 2024-08-21 17:54:05. 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. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.

Last Updated: . Source: CANOPY

Listing Courtesy
Listing Agent: Greg Palombi (#CARgrpa54896)
Listing Office: The Real Estate Center (#CARNCM16200)

Listing Courtesy (Buyer)
Buyer's Agent: Greg Palombi (#CAR00001)
Buyer's Office: The Real Estate Center (#CARNCM16200)

Matt GallinaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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    © 2024 Gallina Enterprises LLC. All rights reserved.
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    Based on information submitted to the MLS GRID as of {date_updated}. 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. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.