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5 Frederick St 0.91 Acres of Commercial Land Offered at $1,050,000 in Asheville, NC 28801
Investment Highlights
- Opportunity Zone with tax-advantaged investment potential.
- Strategic location between Downtown Asheville and Biltmore Village.
- Office/Business District zoning allows office, medical, multifamily, retail, daycare, fitness, and research uses.
- Strong development site in a rapidly growing medical district.
Executive Summary
.91 Acres located in the Mission Hospital hospital district. Parcel is located in an Opportunity Zone and seated on the main road corridor connecting downtown Asheville to Biltmore Village.
Property Facts
| Price | $1,050,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.91 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | OB - Office Business | ||
| Price | $1,050,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.91 AC |
| Opportunity Zone |
Yes |
| Zoning | OB - Office Business |
1 Lot Available
Lot
| Price | $1,050,000 | Lot Size | 0.91 AC |
| Price Per AC | $1,153,846.15 |
| Price | $1,050,000 |
| Price Per AC | $1,153,846.15 |
| Lot Size | 0.91 AC |
Prime ±0.91-acre development site located in the Mission Hospital District. Positioned on the main corridor connecting Downtown Asheville to Biltmore Village. Located within an Opportunity Zone and zoned Office/Business District, allowing a wide rang
Description
Prime ±0.91-acre development site located in the Mission Hospital District. Positioned on the main corridor connecting Downtown Asheville to Biltmore Village. Located within an Opportunity Zone and zoned Office/Business District, allowing a wide rang
1 1
Property Taxes
| Parcel Number | 9648-35-7991-00000 | Improvements Assessment | $0 |
| Land Assessment | $950,000 | Total Assessment | $950,000 |
Property Taxes
Parcel Number
9648-35-7991-00000
Land Assessment
$950,000
Improvements Assessment
$0
Total Assessment
$950,000
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5 Frederick St
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