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1480 Tunnel Rd 0.72 Acres of Commercial Land Offered at $775,000 in Asheville, NC 28805
INVESTMENT HIGHLIGHTS
- .72 acres
- Thriving hotel area
- 18,000 CPD
- Graded, level land ready for construction
- Less than 1 mile to Blue Ridge Parkway (NPS)
- Located near Zaxby's, Bojangles, Arby's
EXECUTIVE SUMMARY
Well located and flat .72 acre site available for ground lease or build to suit. The property is located in a thriving commercial area and offers great visibility and accessibility from Tunnel Road. The zoning of the property is Highway Business, which allows for a wide range of development possibilities, including DRIVE THRU food service, retail stores, offices, restaurants, or a combination of different uses. The property is also well-served by utility infrastructure, including electricity, gas, and water. Moreover, the property is strategically located on US-70 and close to I-40 at exit 55, making it easy to access and attract a large customer base. Overall, this is a prime location for a ground lease or build to suit development, with great potential for businesses looking to establish a presence in a active commercial area.
PROPERTY FACTS
| Price | $775,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | ||
| Zoning | HB - highway business | ||
| Price | $775,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.72 AC |
| Zoning | HB - highway business |
1 LOT AVAILABLE
Lot
| Price | $775,000 | Lot Size | 0.72 AC |
| Price Per AC | $1,076,388.89 |
| Price | $775,000 |
| Price Per AC | $1,076,388.89 |
| Lot Size | 0.72 AC |
Well located and flat .72 acre site available for ground lease or build to suit. The property is located in a thriving commercial area and offers great visibility and accessibility from Tunnel Road. The zoning of the property is Highway Business.
PROPERTY TAXES
| Parcel Number | 9678-05-9793-00000 | Improvements Assessment | $0 |
| Land Assessment | $365,900 | Total Assessment | $365,900 |
PROPERTY TAXES
Parcel Number
9678-05-9793-00000
Land Assessment
$365,900
Improvements Assessment
$0
Total Assessment
$365,900
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1480 Tunnel Rd
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