$6,289,400
About this home
Look Close! This 10.063 acres across seven parcels held under multiple entity ownerships offers the potential for acquisition and redevelopment for multifamily use– affordable, work force, market rate, LIHTC– you decide. Singularly, each ownership segment presents challenges relative to: FEMA’s 50% rule, slope, floodplain and floodway ordinances. Combined, with calculated thought, the door to opportunity is opened for multifamily redevelopment by shifting proposed buildout to the middle of all the conjoined land & taking advantage of the UP, RM8 & RIV zoning (or conditional use rezoning) blending all land tracts under a single use concept! Combined, some development hurdles are potentially mitigated. Resources, grants and low interest loans are potentially available to make this post disaster land opp the rising phoenix! Buyer to conduct all due diligence; by appointment only, buildings occupied– do NOT ride on property; agent must accompany!
Property details
- MLS #
- CAR4308729
- Property type
- Unimproved Commercial
- Subdivision
- N/A
- Status
- Active
- Days on market
- 1
- On market date
- October 3, 2025
- Stories
- 1
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 447
- Student:teacher ratio
- 13.5:1
- District
- Buncombe County Schools
- Enrollment
- 523
- Student:teacher ratio
- 14.5:1
- District
- Buncombe County Schools
- Enrollment
- 278
- Student:teacher ratio
- 25.3:1
- District
- Buncombe County Schools
Walkability
Blended score for Asheville'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).
Market position
How this listing compares to current activity in Asheville, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated October 4, 2025.
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.