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9999 Airport Rd - 9999 AIRPORT ROAD 7.57 Acres of Commercial Land Offered at $2,400,000 in Arden, NC 28704

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Investment Highlights

One of the last remaining vacant land tracts in the Airport Rd. district!

Great development opportunity for logistics, self-storage, apartments, or mixed-use!

Executive Summary

HB zoning allows 35 units per acre or, 70 units if 20% are affordable with applied deed restrictions for the initial 10 years; brownfield in process. Call agent for details. Utilities are near or at the site but have not been verified as to capacity or connectivity. Sloped site affords long range mountain views.

Property Facts

Price	$2,400,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Retail Hospitality Apartment Units General Freestanding Office Park
No. Lots	1	Total Lot Size	7.57 AC
Property Type	Land
Zoning	HB - Highway Business

Price	$2,400,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Hospitality Apartment Units General Freestanding Office Park
Total Lot Size	7.57 AC
Zoning	HB - Highway Business

1 Lot Available

Lot

Price	$2,400,000	Lot Size	7.57 AC
Price Per AC	$317,040.95

Price	$2,400,000
Price Per AC	$317,040.95
Lot Size	7.57 AC

This site lies in a cul-de-sac adjacent Aldi's, Bojangles, the newly built Sweetgrass Apts (248 units) to the East & flex, light warehouse uses off Loop Rd to the West. Topo can be tiered for multi-use!

Description

Great development opportunity for logistics, self-storage, apartments, or mixed-use! This site lies in a cul-de-sac adjacent Aldi's, Bojangles, the newly built Sweetgrass Apts (248 units) to the East & flex, light warehouse uses off Loop Rd to the West. Topo can be tiered for multi-use! Located within blocks of the Asheville Regional Airport and I-26 interchange, this 7.57 ac site is one of the last remaining vacant land tracts in the Airport Rd district! Join the myriad of other nearby users that include national QSR's, big box retail (Lowes, Dicks, Hobby Lobby, Walmart, Target, Ingles, etc.), strip retail, hotels and more. West of the Airport, brand retailers include Amazon, Sierra Nevada brewery and various national credit industrial, warehouse and distribution users. Brownfield restrictions to apply, call agent for details.

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Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Not bikeable

10/100

Source: Local Logic^®

(828) 674-4350

Contact

Mark Morris
NAI Beverly-Hanks

Listing ID: 28409615
Date on Market: 5/5/2023
Last Updated:
Address: 9999 Airport Rd, Arden, NC 28704

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9999 Airport Rd - 9999 AIRPORT ROAD

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