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696 Reed St
Asheville, NC 28803
Vacant Lot 696 Reed St · Land For Sale
·
0.14 AC
Investment Highlights
- ±0.14-acre residential income development site
- Convenient access to downtown Asheville and major transportation routes
- Suitable for future residential income use
- Infill redevelopment opportunity in Asheville's Biltmore Village area
- Surrounded by established residential and commercial development
- Located in a growing urban neighborhood with nearby retail and services
Executive Summary
The property consists of a 0.14-acre residential income land parcel located on Reed Street in Asheville's Biltmore Village area. The vacant infill site was marketed for its redevelopment potential, offering a desirable location with convenient access to downtown Asheville, employment centers, retail amenities, and major transportation corridors. The sale presented an opportunity for future residential income development in a growing urban submarket.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
| Zoning | R |
1 Lot Available
Lot
| Price | $125,000 | Lot Size | 0.14 AC |
| Price Per AC | $892,857.14 |
| Price | $125,000 |
| Price Per AC | $892,857.14 |
| Lot Size | 0.14 AC |
0.14-acre residential income development site located in Asheville's Biltmore Village area. The parcel offers infill development potential in a desirable urban location with convenient access to downtown Asheville.
Description
696 Reed Street is a 0.14-acre residential income land parcel located in Asheville's Biltmore Village area. The vacant infill site offers redevelopment potential in a highly accessible urban location near downtown Asheville, Biltmore Village, and major transportation corridors. Surrounded by a mix of residential and commercial uses, the property provides an opportunity for future residential income development within one of Asheville's established growth areas.
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