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483 Caribou Rd - Assisted Living Facility 2,363 SF Health Care Building Offered at $549,000 in Asheville, NC 28803
Investment Highlights
- Located on the ART bus line
- Large .5 acre lot
- Strong long-term demand for residential property in the area
- Zoned RS-8
- Established surrounding neighborhood
Executive Summary
This property operated as an adult assisted living home (7 beds) until December 2025. It could also be a prospect for a Day Care, Family Care, pre-school, transitional housing or residential. Only recently vacated, the building is well maintained, in clean condition and sits on a nice, large .5 acre lot. 6 bedrooms, 3 full baths, laundry room, large dining and livings rooms.
The property is zoned RS-8 and is presently classified by the City as an Adult Care Home / Commercial use. Buyers are encouraged to consult with the City of Asheville regarding their intended use.
The property is zoned RS-8 and is presently classified by the City as an Adult Care Home / Commercial use. Buyers are encouraged to consult with the City of Asheville regarding their intended use.
Property Facts
| Price | $549,000 | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 2,363 SF |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1974 |
| Building Class | B | Parking Ratio | 1.69/1,000 SF |
| Zoning | RS8 - Residential | ||
| Price | $549,000 |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 2,363 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | RS8 - Residential |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 9657-12-4945-00000 | Improvements Assessment | $200,500 |
| Land Assessment | $60,200 | Total Assessment | $260,700 |
Property Taxes
Parcel Number
9657-12-4945-00000
Land Assessment
$60,200
Improvements Assessment
$200,500
Total Assessment
$260,700
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483 Caribou Rd - Assisted Living Facility