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99999 Hi Alta - 99999 Hi Alta Ave 4.01 Acres of Commercial Land Offered at $2,500,000 in Asheville, NC 28806
INVESTMENT HIGHLIGHTS
- 4+ AC Multi-Family Development Opportunity
- Conveniently Located close to many national & local retailers and restaurants
- Buildable land in West Asheville
- Up to 120 Unit build allowed
EXECUTIVE SUMMARY
Rare infill multi-family development site with all utilities zoned RM-8. Over 4 acres located within the City in a highly desirable area of West Asheville, minutes to multiple grocery stores, restaurants, and neighborhood goods and services. Land is relatively flat with a limited, gentle slope, allowing for maximum land utilization. SHOWING BY APPOINTMENT ONLY. Please do not disturb neighboring properties.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 4.01 AC |
| Property Type | Land | Cross Streets | Woodland Drive |
| Zoning | RM8 - Medium Density Multi-family | ||
| Price | $2,500,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.01 AC |
| Cross Streets | Woodland Drive |
| Zoning | RM8 - Medium Density Multi-family |
1 LOT AVAILABLE
Lot
| Price | $2,500,000 | Lot Size | 4.01 AC |
| Price Per AC | $623,441.40 |
| Price | $2,500,000 |
| Price Per AC | $623,441.40 |
| Lot Size | 4.01 AC |
Wooded lot, mostly flat, gently sloping in some areas.
DESCRIPTION
Rare infill multi-family development site with all utilities zoned RM-8. Over 4 acres located within the City in a highly desirable area of West Asheville, minutes to multiple grocery stores, restaurants, and neighborhood goods and services. Use by right enables up to 120 Units, as demonstrated by the attached concept site plan. Land is relatively flat with a limited, gentle slope, allowing for maximum land utilization. SHOWING BY APPOINTMENT ONLY. Please do not disturb neighboring properties.
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99999 Hi Alta - 99999 Hi Alta Ave
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