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$3,200,000
Tbd Overlook Rd, Asheville, NC 28803
0 Beds
0 Baths
n/a SqFt

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We are pleased to present this rare opportunity to purchase a +-20.9 acre infill tract in the highly desirable Overlook Road area of South Asheville. Near Biltmore Park, this high traf?c thoroughfare is arguably one of the most desirable areas for residential growth in the market, with virtually no new construction available. This property is entitled for 40 duplexes (80 townhome style units) on 40 lots. The seller believes that approval for an 80 lot subdivision, creating true townhomes, could be obtained. The site design was completed by Brooks Engineering and all permits are in hand or are available subject to posting a bond for stormwater. The seller will convey the design and entitlements, or the buyer is welcome to pursue their own plans for this site. *Additional DD materials upon request - Ph I Environmental Report, Easements with adjoining property owners, Numerous Permit and Approval documents, Traf?c Impact Analysis, Geotech, Full Architectural (To be negotiated).
  • Price:
  • $3,200,000
  • Acreage:
  • 20.93
  • Listing ID #:
  • CAR3824490
  • Street Address:
  • Tbd Overlook Rd
  • City:
  • Asheville
  • State:
  • North Carolina
  • Postal Code:
  • 28803
  • County:
  • Buncombe
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Structure:
  • Unimproved Commercial
  • Elevation:
  • 1500
  • Lot Size:
  • 20.925
  • Lot Size Units:
  • Acres
  • Suitable Use:
  • Multi-Family, Residential
  • Zoning Description:
  • R-2
  • Days On Market:
  • 202
  • Included In Sale:
  • Land
  • Terms:
  • Cash, Conventional
  • Utilities:
  • City Sewer
  • Listing Provided By Nai Beverly-Hanks
  • NCCANOPY
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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