
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 # | 3697386 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 0 |
| Days On Site | 1346 |
| Listing Provided By | The Real Estate Center | Greg Palombi |
| Zoning | CI |
|---|---|
| Acreage | 10.90 |
| Water Front | Yes |
| Property View | No |
| Cooling | N/A |
|---|---|
| Heating | None |
| Roof | None |
|---|---|
| Construction Materials | N/A |
| Foundation Details | None |
| Garage Yes / No | No |
|---|
| Utilities | N/A |
|---|
| List Aor | Canopy MLS |
|---|
| Property | 9999 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28805 |
| Area | Buncombe |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28805 |
| Area | Buncombe |
![]() | $2,600,000110 River Hills RoadAsheville, NC 28805 |