Unimproved Commercial at 2236 US 70 Highway, Swannanoa
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19 photos

$1,000,000

2236 US 70 Highway
Swannanoa, NC 28778
Listed by James Morgan · NAI Beverly-Hanks
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1940

About this home

+/- acre property nearby two recent (60, 95 units) multifamily developments in Swannanoa, NC. Property is located 15-20 minutes from downtown Asheville. This potential affordable housing development site is located outside the city limits of Asheville. Sewer line runs along small stream in front of the two houses. No value placed on houses. Houses have month to month tenants according to the owner. Property is +/- 1 mile from I-40 (AADT of +/- 50,000) and +/- 10 minutes from the VA hospital, the Blue Ridge Parkway and John B Lewis soccer fields. This section of US 70 has AADT of +/- 11,000. Please note that the property has a sewer easement along Franklin Rd.

Property details

MLS
Canopy MLS
MLS #
CAR4010058
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
574
On market date
March 13, 2023
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Williams Elementary
0.62 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
450
Student:teacher ratio
13.2:1
District
Buncombe County Schools
Middle
Owen Middle
2.15 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
457
Student:teacher ratio
13.4:1
District
Buncombe County Schools
High
Early College
8.34 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Swannanoa's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

47
Somewhat walkable
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable
Google Places amenity density
55 / 100
Restaurants & cafes4
Grocery stores2
Parks2
Schools5
Transit stops7
Pharmacies0

Market position

How this listing compares to current activity in Swannanoa, from live MLS data.

On the market 574 days -- 485 more days than Swannanoa's current average of 89 days.
For reference, the median list price across 89 active listings in Swannanoa right now is $275,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,172/mo
$200,000 down
$800,000 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.