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99999 Reynolds Mountain Blvd
Asheville, NC 28804
Site Near I-26 in North Asheville · Land For Sale
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3.03 AC
Investment Highlights
- Excellent visibility from I-26 (which has a 52,500 annual average daily traffic count).
- Excellent high-income demographics in immediate vicinity - near Reynolds Mountain Village and Grove Park - Avg. HH income in 28804 = $101,955
- Gentle to rolling to steep topography
- Recommended for mainstream brand hotel - immediate area vastly underserved by hotels. Could also be multi-family or retail site.
- Approximately 250 feet of street frontage
- Water and sewer to the site
Property Facts
Description
Ideal hotel, office, MF, or retail site near I-26 - Local RevPAR = $147.83/night / Local ADR = $192.35/night - Immediate area underserved by hotels: .033 rooms per capita - Immediate zip code has $101,955 avg. HHI - Excellent visibility from I-26 (52,500 avg. daily traffic count) - Approximately 250 feet of street frontage w/water+sewer to site - Developer-friendly local zoning and permitting - Just two miles from UNC-Asheville campus - Seller pays NLR commission, buyer pays buyer's broker fee
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