Mixed-Use Land for Sale in Asheville, North Carolina
110 River Hills Rd, Asheville, NC 28805
City of Asheville approval complete for a 153 unit apartment complex. Opportunity Zone. 10.9 acre +/- high profile parcel at the end of Tunnel Road in the River Hills Shopping Center next to several national retail brands including Dollar Tree, Target, Michaels, Movie Theaters, and Dick's. . Commercial Industrial zoning allows for many uses including retail, hospitality, multi-family, industrial, or mixed use. Site has great visibility from both directions of I-240 with 52,000 VPD. Recently assembled to frontage along River Hills Road to give access to upper part of the acreage via 400 feet +/- of road frontage. Completed due diligence items available include: Army Corp wetlands delineation, phase 1, Alta survey, project plans, traffic report, and Geotech.
Location
- Street address
- 110 River Hills Rd
- County
- Buncombe County
- Elevation
- 2,090 feet
Directions
River Hills Road Towards Target. On the left across from Dollar Tree.
Property details
- Acreage
- 10.9 acres
- MLS #
- CMLS 3697386
- Posted
Parcels
- 965842023900000
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Independent
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 25, 2025 | Back on market | $2,600,000 | — | CMLS |
| Feb 8, 2024 | Under contract | $2,600,000 | — | CMLS |
| Sept 29, 2023 | Back on market | $2,600,000 | — | CMLS |
| May 17, 2023 | Under contract | $2,600,000 | — | CMLS |
| Jan 5, 2023 | Back on market | $2,600,000 | — | CMLS |
| Mar 2, 2022 | Under contract | $2,100,000 | — | CMLS |
| Mar 25, 2021 | Price increase | $2,100,000 | $300,000 16.7% | CMLS |
| Mar 20, 2021 | Back on market | $1,800,000 | — | CMLS |
| Jan 21, 2021 | Under contract | $1,800,000 | — | CMLS |
| Jan 11, 2021 | New listing | $1,800,000 | — | CMLS |
