For Sale
$249,000

131 Old Charlotte HwyAsheville, NC 28803

0.855 Acres, High-Growth Corridor

Overview

Added:
Dec 11, 2024
Days on market:
116
This 0.855-acre parcel, located at 131 Old Charlotte Hwy in Asheville, NC (APN 966773980500000), is offered for $249,000. The property, owned by the Asheville Board of Alcoholic Control, is zoned CBI, allowing for flexible commercial and residential development. Situated in Buncombe County, this prime in-fill site boasts exceptional connectivity to interstates 40, 240, and 26, as well as easy access to US-74A (Charlotte Hwy), a 5-lane road with high average daily traffic (20,500 to 26,600 AADT). The land is adjacent to Eastwood Village, a thriving mixed-use community serving Fairview, NC, and borders an approved 516-unit residential development. A dilapidated home on the property has no value and was previously connected to city water and public sewer; however, buyers are responsible for verifying the potential for reconnecting these utilities (a water/sewer map is available). This presents a unique opportunity for developers seeking to capitalize on the rapid growth in this area. The property's strategic location and flexible zoning make it an ideal investment for a variety of commercial and residential projects.

Highlights

  • $249,000 asking price for 0.855 acres of land.
  • Located at 131 Old Charlotte Hwy, Asheville, NC 28803, in Buncombe County.
  • CBI zoning allows for commercial and residential development.
  • Adjacent to Eastwood Village and a planned 516-unit residential development.
  • Excellent access to US-74A, I-40, I-240, and I-26.
  • Property includes a dilapidated home with no value; buyer to verify utility connections.

Property Details for 131 Old Charlotte Hwy

Property type
Land
Lot Size (sq. ft)
37,244 SF

Location Insight

City
Asheville
County
Buncombe
State
North Carolina
Latitude
35.551550750303
Longitude
-82.471122665895
131 Old Charlotte Hwy, Asheville, North Carolina

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131 Old Charlotte Hwy
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