85 Tunnel Rd | Asheville, NC 28805
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- LoopNet Team
85 Tunnel Rd
Asheville, NC 28805
Asheville, NC Development Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Approximately 22 acres
- Minimum Setback Requirements
- Excellent Topography
- Height Restriction of 6 Stories
- Targeted for “Urban Place” zoning for planned mixed use redevelopment
- Currently Innsbruck Mall: 85 Tunnel Road Asheville, NC
PROPERTY FACTS
Property Type
Retail
Building Size
212,000 SF
Building Class
B
Year Built/Renovated
1967/1992
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
18.69 AC
Zoning
RB
Parking
1,200 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
470’ on Tunnel Rd Rd
ABOUT 85 TUNNEL RD , ASHEVILLE, NC 28805
Take advantage of this unique development opportunity in Asheville, North Carolina. This 22 acre land has excellent topography, which is incredibly rare in this market, and is targeted for Urban Place rezoning, which would allow for and encourage the creation of a walkable, mixed-use development. With this shift toward higher density commercial use, the high-demand of the Asheville market, and the rare topography, it is an ideal time to capitalize on this development opportunity.
PROPERTY TAXES
| Parcel Number | 9648-99-3699-00000 | Improvements Assessment | $3,185,800 |
| Land Assessment | $4,945,100 | Total Assessment | $8,130,900 |
PROPERTY TAXES
Parcel Number
9648-99-3699-00000
Land Assessment
$4,945,100
Improvements Assessment
$3,185,800
Total Assessment
$8,130,900
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