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Investment Highlights

  • 70 paved parking spaces already on site.
  • Underground fiber optic, sprinkler system water supply, sanitary sewer and all utilities to the site.
  • All site work and utilities in place.

Executive Summary

Opportunity for Warehouse, hotel, office, medical, gas station or convenience store project.

Property Facts

Price $1,360,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hospitality
  • Hotel
  • Medical
Total Lot Size 1.65 AC
Zoning PS - Public Services / Commercial

1 Lot Available

Lot

Price $1,360,000
Price Per AC $824,242.42
Lot Size 1.65 AC

Warehouse, Hotel or Office building site. Generally level lot with 70 paved parking spaces already on site and all site work and utilities in place.

Description

Click "Documents" to see the hotel and office site conceptuals. Recent bank appraisal that supports asking price is available upon request. Great location for hospitality, medical office, or industrial distribution. Located in Buncombe County and not Asheville, so no Asheville restrictions on Hotel construction applies. Construction ready site with paved and striped parking in place for a hotel, office building, medical, gas station or convenience store. Over 30,000 cars on US 74A and right at the interchange with I-40. Right next to the Tunnel Road commercial core on one side and the Blue Ridge Parkway on the other. Previously approved for 30K office building or 68K sf of hotel through Buncombe County Planning and Zoning. Improvements include: parking, retaining walls, graded building site, underground fiber optic, sprinkler system, water supply, sewer and all utilities to site.

Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
9667-08-5744-00000
Land Assessment
$326,100
Improvements Assessment
$0
Total Assessment
$326,100
  • Listing ID: 16344209

  • Date on Market: 5/5/2017

  • Last Updated:

  • Address: 303 Gashes Creek Rd, Asheville, NC 28803

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