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Investment Highlights

  • Four adjoining parcels – 0.64 acres combined
  • Flat, buildable lots with road frontage
  • Rare Biltmore Village Development Location - The Biltmore Estate receives 1.7 Million visitors per year
  • Minutes from downtown Asheville and major highways

Executive Summary

Excellent four-parcel land assemblage located just outside Biltmore Village in Asheville, North Carolina. These contiguous, rectangular parcels consist of gentle topography and provide ease-of-access to utilities along Sterling Street. Institutional zoning allows for a wide range of residential and commercial uses, including multifamily housing, medical or educational facilities, and professional office developments (buyer to verify allowable uses and development requirements). With close proximity to Biltmore Village, Mission Hospital and Downtown Asheville, this site offers strong development potential in one of the city’s most sought-after areas.

Property Facts

Price $739,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.64 AC
Zoning INST - Institutional Zoning

1 Lot Available

Lot

Price $739,000
Price Per AC $1,154,687.50
Lot Size 0.64 AC

Lot 1 – Parcel #964852429300000 (0.16 Acres); Lot 2 – Parcel #964852511800000 (0.16 Acres); Lot 3 – Parcel #964852514200000 (0.16 Acres); Lot 4 – Parcel #964852506600000 (0.16 Acres)

Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 9648-52-5066-00000
  • 9648-52-4293-00000
  • 9648-52-5118-00000
  • 9648-52-5142-00000
Land Assessment
$551,600
Improvements Assessment
$0
Total Assessment
$551,600
  • Listing ID: 36092753

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 99999 Sterling St, Asheville, NC 28803

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