Listed by Dewey Property Advisors
$2,600,000
110 River Hills Rd & Wood Ave, Asheville, NC 28805
Details
APN 9658420239
Property Type Land
Sub Type Commercial
Acreage 10.900
10.9 Acre +/- High Profile Parcel at the end of Tunnel Road in the River Hills Shopping Center.
Marketing description
City of Asheville approval complete for a 153 unit apartment complex. Opportunity Zone. 10.9 acre +/- high profile parcel at the end of Tunnel Road in the River Hills Shopping Center next to several national retail brands including Dollar Tree, Target, Michaels, Movie Theaters, and Dick's. Site has great visibility from both directions of I-240 with 52,000 VPD. Recently assembled to frontage along River Hills Road to give access to upper part of the acreage via 400 feet +/- of road frontage. Completed due diligence items available include: Army Corp wetlands delineation, phase 1, Alta survey, project plans, traffic report, and Geotech.
Investment highlights
City of Asheville approval complete for a 153 unit apartment complex.
Listing Contacts
Listed by Dewey Property Advisors
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Zoning
RES-EXP ResidentialMulti FamilyResidential Expansion District
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View all 179 uses Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics
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