1311 Tunnel Road: DEVELOPMENT OPPORTUNITY

1311 Tunnel Road Asheville, NC 28805

FOR SALE
Property Type:
Other Land
Amount:
$3,100,000
Last Verified:
Apr 10, 2019

Highlights

  • Over 7 acres
  • 350 ft of road frontage on Tunnel Road/Highway 70
  • 18,000 cars per day
  • Easy I-240 Access
  • Close Proximity to National Tenants

Description

East Asheville's biggest and best value DEVELOPMENT OPPORTUNITY! Located within 1 miles of I-40, Exit 55 and less than 5 miles to downtown Asheville. Offering over 6 acres of land and over 350ft road frontage to Tunnel Road/Highway 70. 18,000 cars pass this site daily per 2016 data. It is surrounded by hotels, multiple chain restaurants, gas stations and the Blue Ridge Parkway all of which serve the rapidly growing East Asheville population. Many options are available in what is one of the last major parcels on Tunnel Road in East Asheville.

East Asheville's biggest and best value DEVELOPMENT OPPORTUNITY! Located within 1 miles of I-40, Exit 55 and less than 5 miles to downtown Asheville. Offering over 6 acres of land and over 350ft road frontage to Tunnel Road/Highway 70. 18,000 cars pass this site daily per 2016 data. It is surrounded by hotels, multiple chain restaurants, gas stations and the Blue Ridge Parkway all of which serve the rapidly growing East Asheville population. Many options are available in what is one of the last major parcels on Tunnel Road in East Asheville.

Lot Size: 7.4 acres

Map of 1311 Tunnel Road, Asheville, NC, 28805

Presented by:
Thumb_default

Request additional information
Icon_pic


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.