548 Caribou Road, Asheville, NC 28803

$1,325,000

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List Price
$1,325,000
MLS#
3648473
Status
ACTIVE UNDER CONTRACT
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1962
Price Change
▲ $25,000 1708555264
Days on Market
2278
Lot Size
435,600
Lot Size Area
10
County
Buncombe

Property Description

10 acres "in the City"; potential 49 lot S/D by right under current zoning with owner pursuing CU rezoning in hopes to greater densify the site! Great subdivision potential, 3 points of access from 3 private dead-end streets! Public utilities at or near the site in multiple locations! Build here - a lifestyle, a community - affordable or modest homes! Rarely does such an opportunity become available. Major subdivision and potential rezoning require a Level 3 review by the City; status of any rezoning effort underway by seller is to be documented in writing prior to any offer submission; seller will co-op rezoning efforts depending on timing at point of sale.

Additional Information

Floor Coverings
Other - See Remarks
Foundation
Crawl Space
Heating
None
Water
City
Sewer
Public Sewer
Exterior Construction
N/A
Driveway
Paved
Special Conditions
Undisclosed

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Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. markmorris@naibeverly-hanks.com

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