StatusAccepting Backup Offers (Active Under Contract)
About 110 River Hills Rd
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. . Commercial Industrial zoning allows for many uses including retail, hospitality, multi-family, industrial, or mixed use. 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.
Property Details
Property Features
Listing Office:
Office Name: The Real Estate Center
Interior Features
Interior Information:
Basement: No
Exterior Features
Exterior Information:
Waterfront: None
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Lot Features
Lot Information:
Lot Size: 10.90 Acres
Other
Directions Information:
Directions: River Hills Road Towards Target. On the left across from Dollar Tree.
Price Information
Listing Price Info
Price Summary:
List Price: $2,600,000
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Housing Market Comparison
See how this home compares to others in Asheville, NC.
This property is $2.1M more than the Median Sold Price in Asheville, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #3697694
Listing Office:
Office Name: The Real Estate Center
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Oakley Elementary School
753 Fairview Rd
Distance between this listing and this school0.76 miles
Public District Grades KG-5
5
/10
Haw Creek Elementary School
10 Bethesda Rd
Distance between this listing and this school1.71 miles
Public District Grades KG-5
5
/10
Bell Elementary School
90 Maple Springs Rd
Distance between this listing and this school1.93 miles
Public District Grades KG-5
Nearby Schools
6
/10
Evergreen Community Charter
50 Bell Rd
Distance between this listing and this school2.39 miles
Public Charter Grades KG-8
4
/10
Asheville Middle School
211 S French Broad Ave
Distance between this listing and this school2.43 miles
Public District Grades 6-8
6
/10
Montford North Star Academy
90 Montford Ave
Distance between this listing and this school2.87 miles
Public District Grades 6-8
Nearby Schools
6
/10
School of Inquiry and Life Sciences
419 McDowell St
Distance between this listing and this school1.80 miles
Public District Grades 9-12
6
/10
Asheville High School
419 McDowell St
Distance between this listing and this school1.85 miles
Public District Grades 9-12
10
/10
Early College
340 Victoria Rd
Distance between this listing and this school2.02 miles
The neighbors living near this home have an average income of $25,699. The majority of Asheville, NC residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Asheville, NC
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Asheville, NC?
Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.
Is Asheville, NC a good place to live?
Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.
Are things conveniently located in Asheville, NC?
The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.
What does the transportation in Asheville, NC look like?
Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.
Frequently Asked Questions About 110 River Hills Rd
What is the listing price of this property?
The listing price of 110 River Hills Rd property is $2,600,000.
What type of property is this?
The property 110 River Hills Rd is land located in Asheville, North Carolina, 28805.
Is this property for sale now?
Accepting Backup Offers: 110 River Hills Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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This home is located at 110 River Hills Rd in Asheville, NC and zip code 28805. This home sits on a 10.90 acre lot. It has been listed on Rocket Homes since January 11, 2021 and is currently priced at $2,600,000.
Asheville, NC housing market in November 2024 saw over 9 listings sold above listed price, more than 10 sold at listed price and over 51 sold below. The inventory of homes for sale in Asheville, NC between October 2024 and November 2024 increased by 13%. Listings spent 58 days on the market in November 2024, and had a median list price of $489,456 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Figure Skating
Figure Skating
Pro Boxing
College Basketball
Family Dollar
Burlington
Dillards
Church's Chicken
Popeyes
Logan's Roadhouse
Cadillac
Dodge
Hyundai
Jazz
Urban Contemporary
Rock