$6,289,400
( )
 $35,711 est/mo Sourced by Back At You

0 Swannanoa River Road,Asheville, NC 28803

Asheville, NC 28803

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Description

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!

Details

MLS #4308729
Listing TypeFor Sale
StyleUnimproved Commercial
Sub-TypeResale
StatusActive
Days On Site35
Listing Provided ByNAI Allen Tate Beverly-Hanks Commercial | Mark Morris

Features

Story(s)1
Acreage10.06
Property ViewC

Exterior

Lot FeaturesFlood Fringe Area, Flood Plain/Bottom Land, Green Area, Hilly, River Front, Rolling Slope, Sloped, Steep Slope, Wooded, Views

Parking

Parking FeaturesDriveway, Other - See Remarks

Utilities

UtilitiesElectricity Connected, Other - See Remarks

Other

List AorLand of The Sky Association of Realtors

Taxes

Property1496100

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28803
AreaBuncombe
Sourced by Back At You

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 7, 2025 at 5:10:25 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28803
AreaBuncombe
Sourced by Back At You
Listing Updated: November 4, 2025 at 2:43:54 PM PST