110 River Hills Road Asheville NC 28805 MLS #CAR3697694

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110 River Hills Road

$2,600,000

Asheville, NC, 28805

land

Lot Size: 10.9 Acres

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Listing Provided Courtesy of Greg Palombi at The Real Estate Center | 828 216-4037

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Property Information

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.

SPECIFICS

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Price:

$2,600,000

MLS #:

CAR3697694

Status:

Active Under Contract

Beds:

Baths:

Address:

110 River Hills Road

Type:

Land

Subtype:

Unimproved Commercial

City:

Asheville

Listed Date:

Jan 11, 2021

State:

ZIP:

28805

Lot Size:

474,804 sqft / 10.90 acres (approx)

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Courtesy of The Real Estate Center. Based on information submitted to the MLS GRID as of 2025-02-24 (date and time MLS GRID Data was obtained). 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. Copyright 2025. All rights reserved.

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110 River Hills Road

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828.694.3000

112 Mountains Blvd., Lake Lure, NC 28746

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