G/M Property Group, LLC • Commercial Real Estate Services FOR SALE 1 EDGEWOOD ROAD EXTENSION • ASHEVILLE • NC SEE INSIDE FOR MORE INFORMATION! • Prime S. Asheville Development Site • Sweeten Creek Road Access • Public Utilities ±1.94 Acres Commercial Land in Asheville, NC $499,000
4
Embed
±1.94 Acres Commercial Land in Asheville, NC · 2018. 6. 13. · 2017 demographics 1 mile radius 3 mile radius 5 mile radius population 3,691 26,586 72,088 median age 39 43 42 average
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
G/M Property Group, LLC • Commercial Real Estate Services
FOR SALE1 EDGEWOOD ROAD EXTENSION • ASHEVILLE • NC
SEE INSIDE FOR MORE INFORMATION!
• Prime S. Asheville Development Site• Sweeten Creek Road Access• Public Utilities
±1.94 AcresCommercial Land in Asheville, NC
$499,000
G/M Property Group, LLCCommercial Real Estate Services
1 EDGEWOOD ROAD EXTENSION • ASHEVILLE • NCFOR SALE
The Seller, through G/M Property Group, LLC as it’s exclusive agent, is soliciting offers for the purchase of a ±1.94 acre parcel, located at 1 Edgewood Road Extension, Asheville, NC 28803 (the “Property”).
• Excellent location, easy access, and good visibility off Sweeten Creek Rd.
• Traffic counts: ±18,000 VPD on Sweeten Creek Rd
±31,000 VPD on Hendersonville Rd
• DOT widening of Sweeten Creek Road from 2 to 4 lanes to begin 2022
• Potential for commercial or residential
development next to high-density residential subdivisions
Biltmore Village, Blue Ridge Parkway, The Carolina Shopping Center and numerous other retail, office, industrial and manufacturing companies.
• RM16 Zoning- Residential Multi-Family High Density District.
• ±0.9 mile from Hendersonville Rd ±1.9 mile from I-40 ±5.9 miles from Downtown Asheville
• Exisiting 1,500 SQFT building leased M-T-M (no value attributed)
OFFERING TERMSSeller seeks offers from qualified buyers to acquire the Property. The Property will be conveyed by special warranty deed and is available on an “As Is” basis subject to a short due diligence period.
INVESTMENT HIGHLIGHTS• ±1.94 acres
• Located on Edgewood Road Ext / Sweeten Creek Rd
• Proximate to Biltmore Forest Country Club,
1Edgewood Road ExtEXECUTIVE SUMMARY
Hendersonville Road
Sweeten Creek Road
Biltmore ForestCountry Club
Ascot Apartments
CimarronCondos
Woods EdgeApartments
Stockwood Neighborhood
Commercial Real Estate ServicesG/M Property Group, LLC
1 EDGEWOOD ROAD EXTENSION • ASHEVILLE • NCFOR SALE
PROPERTY ASSESSMENT/TAXES
PROPERTY ASSESSED VALUE JURISDICTION 2017 TAXES RATE/$100
• The district permits a full range of high density multi-family housing along with limited institutional, public and commercial uses appropriate within high density residential areas.
GENERAL DESCRIPTION• Superb development site located on
a key north-south corridor serving affluent south Asheville.
• The Property is located in the Asheville Metropolitan Statistical Area (A-MSA), the economic engine for Western North Carolina (WNC). Asheville is the 10th largest city in the state with almost 93,000 people. It is the regional center for health care, professional services, banking, manufacturing, transportation, and shopping, serving approximately 500,000 people in WNC.
• I-40 and I-26, both major national transportation arteries for shipping and travel, serve the Asheville-MSA.
INVESTMENTSUMMARY
UTILITIESPublic
FLOOD PLAINNone
TOPOGRAPHYSloping- (See GIS Map on page 4)
SITE WORKGravel parking lot±1,500 sf building leased M-T-M
LOCATION• South Asheville• ± 5.9 miles from downtown Asheville
ACCESS• Sweeten Creek Road• Edgewood Road Extension
ROAD FRONTAGE±223’ on Sweeten Creek Rd±319’ on Edgewood Road Ext
SITE DESCRIPTION
GIS AERIALSw
eeten Creek Road
1 EDGEWOOD ROAD EXTENSION • ASHEVILLE • NCFOR SALE
G/M Property Group, LLC • Commercial Real Estate Services
Please contact Jeremy Goldstein or John Menkes at G/M Property Group, LLC
All information is from sources deemed reliable. No warranty nor representation is made as to the accuracy thereof and all information above is subject to errors, omissions or change without notice.