548 Caribou Road, Asheville, NC 28803 - Photo 1

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$1,325,000

For Sale
Active
Commercial
10 Acres

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Property Description

10 acres "in the City"; potential 49 lot S/D by right under current zoning with owner pursuing CU rezoning in hopes to greater densify the site! Great subdivision potential, 3 points of access from 3 private dead-end streets! Public utilities at or near the site in multiple locations! Build here - a lifestyle, a community - affordable or modest homes! Rarely does such an opportunity become available. Major subdivision and potential rezoning require a Level 3 review by the City; status of any rezoning effort underway by seller is to be documented in writing prior to any offer submission; seller will co-op rezoning efforts depending on timing at point of sale.

Full Property Details

Full Property Details for 548 Caribou Rd

General

Price: $1,325,000
Status: Active
Type: Commercial
Source: Charlotte_Regional_Realtor_Association
MLS ID: 3648473
Updated: 8/13/2024
Added to Site: 1, 625 day(s) ago

Interior

Flooring: Other - See Remarks

Location

County: Buncombe
Cross Streets: Forest, Ardmore, other
Driving Directions: From downtown Asheville, go south on Hendersonville Rd (US 25) to LT on Forest St (2 blocks past Ingles at S Forest Shopping Center); go East on Forest St to Caribou Rd intersection. 3 points of access from here are: [1] at the terminus of Forest Rd, [2] Left (north) on Caribou to 548 Caribou Rd (SFD to be demolished) and, [3] Right (south) on Caribou Rd to LT of Ardimore to its terminus.
City Limits: Yes

Heating & Cooling

Heating Type: None

Utilities

Sewer: Public Sewer
Water: City
Utility Description: Cable Connected, Electricity Connected, Gas, Phone Connected, Other - See Remarks

Structural Information

Construction: Site Built
Exterior Const.: N/A
Year Built: 1962

Lot Features

Lot Size (Acres): 10
Street/Road Desc.: Paved

Financial Considerations

Terms: Conventional

Disclosures and Reports

Special Conditions: Undisclosed
Restrictions: Other - See Remarks
Inclusions: Building, Land
Property ID: 965711388100000
Lot Number: 5833/1420 - multiple

Listed by NAI Allen Tate Beverly-Hanks Commercial

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Schools

Schools serving 548 Caribou Rd

School District:Buncombe County Schools

Rating	Name	Grades	Distance
	William W Estes Elementary School 275 Overlook Rd, Asheville, NC 28803	K-4	4 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 548 Caribou Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/21/2024

Price Increased

$1,325,000

1.92%

MLS

1/04/2023

Price Increased

$1,300,000

4%

MLS

8/04/2020

Listed

$1,250,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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548 Caribou Road, Asheville, NC 28803 (MLS# 3648473) is a Commercial property. 548 Caribou Road is currently listed for $1,325,000 and was received on August 04, 2020. Want to learn more about 548 Caribou Road? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

548 Caribou Rd Asheville, NC 28803