Description
Approximately 10.61 acres across seven contiguous parcels is offered on State Street in West Asheville for $2,400,000, approximately $226,202 per acre. The Likewise Commercial Real Estate MLS offering, 4370709, identifies a multifamily development opportunity near Carrier Park, the Wilma Dykeman Greenway, Haywood Road and the River Arts District.
The broker reports conditional RM-16 zoning, case CZ 08-51-010 under Asheville Conditional Zoning Ordinance 3682 from 2008, with a prior plan for up to 140 multifamily units. This is broker-reported development potential rather than existing housing or a guarantee that the prior approval remains sufficient for a new project. Verify all conditions, approval validity, affordable-housing obligations, density, engineering and required permits with the City.
Marketing identifies a small creek, open space, utilities available to the site and access via State Street, Short Michigan Avenue and Amboy Road. Confirm environmental and floodplain constraints, utility capacity, easements, legal parcel boundaries and access rights. All showings must be arranged through James Diaz at Likewise Commercial Real Estate. Broker aerial outlines are illustrative rather than a survey.
Offering Summary
- Asking Price$2,400,000
- Price/Acre$226,201.70
- Property TypeLand/Development
- Properties7
- Total Acres~10.61 ac
Documents
Property Address
Property Details
- Property Type
Land/Development - Acres
10.61 - Zoning
Conditional RM-16 - Access Frontage
State St, Short Michigan Ave, Amboy Rd; verify rights - Highest & Best Use
Multifamily / residential, subject to zoning conditions
Deal Team



