Properties

Property Description

Look Close! This 10.063 acres across seven parcels held under multiple entity ownerships offers the potential for acquisition and redevelopment for multifamily use– affordable, work force, market rate, LIHTC– you decide. Singularly, each ownership segment presents challenges relative to: FEMA’s 50% rule, slope, floodplain and floodway ordinances. Combined, with calculated thought, the door to opportunity is opened for multifamily redevelopment by shifting proposed buildout to the middle of all the conjoined land & taking advantage of the UP, RM8 & RIV zoning (or conditional use rezoning) blending all land tracts under a single use concept! Combined, some development hurdles are potentially mitigated. Resources, grants and low interest loans are potentially available to make this post disaster land opp the rising phoenix! Buyer to conduct all due diligence; by appointment only, buildings occupied– do NOT ride on property; agent must accompany!

Features
Fence:
Partial
Parking:
Driveway, Other - See Remarks
Sewer:
Other - See Remarks, Public Sewer
Utilities:
Electricity Connected, Other - See Remarks
Address Map
Country:
US
State:
NC
County:
Buncombe
City:
Asheville
Zipcode:
28803
Street:
Swannanoa River
Street Suffix:
Road
Longitude:
W83° 27' 20.5''
Latitude:
N35° 34' 9.5''
Directions:
From downtown Asheville, follow Biltmore Avenue to left on Swannanoa River Rd; follow SRR to the corner of Caledonia; property stretches alongside the Caledonia & SRR intersection (immediately west of the Tobacco Barn) to Bryson Rd and includes 10.063 acs & multiple buildings.
MLS Addon
Office Name:
NAI Allen Tate Beverly-Hanks Commercial
Agent Name:
Mark Morris
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Additional Information
Lot Features:
Green Area, Wooded, Sloped, Views, Steep Slope, Hilly, Flood Fringe Area, Rolling Slope, River Front, Flood Plain/Bottom Land
Possible Use:
Commercial,Development
Stories:
1
Water Source:
City, Other - See Remarks, Public
Listing Information
List Agent Mls Id:
mamo54803
List Office Mls Id:
NCM100510
Listing Term:
Cash,Other - See Remarks
Mls Status:
Active
Modification Timestamp:
2025-10-04T14:31:06Z
Originating System Name:
Canopy
Special Listing Conditions:
Fractional Ownership
Status Change Timestamp:
2025-10-03T17:51:10Z

Commercial Sale For Sale

0 Swannanoa River Road, Asheville, North Carolina 28803

$6,289,400
Listing ID #4308729
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
4308729
Price :
$6,289,400
View :
City,Long Range,Mountain(s)
Status :
Active
Property Sub Type :
Unimproved Commercial
Agent info
Contact Agent
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