0 Swannanoa River Road, Asheville, NC 28803 (MLS # 4308729)

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PRICE $6,289,400 dsIDX morgage calculator
SIZE n/a
LOT SIZE 10.06 ac
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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!

YEAR BUILT 0 COUNTY Buncombe
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
LOT 10.063 acre(s)
LOT DESCRIPTION Rolling Slope, Sloped, Steep Slope, Views, Wooded
MLS STATUS Active
PARKING Driveway
SEWER Public Sewer
STORIES 1
UTILITIES Electricity Connected
VIEW Yes
VIEW DESCRIPTION City, Mountain(s)
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION River Front
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 0 SWANNANOA RIVER ROAD
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Listed with NAI Allen Tate Beverly-Hanks Commercial
Date last updated: 5/21/26 6:12 AM PDT

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