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!
- Fence:
- Partial
- Parking:
- Driveway, Other - See Remarks
- Sewer:
- Other - See Remarks, Public Sewer
- Utilities:
- Electricity Connected, Other - See Remarks
- 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.
- Office Name:
- NAI Allen Tate Beverly-Hanks Commercial
- Agent Name:
- Mark Morris
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- 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
- 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
- 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
















