191 Biltmore Avenue

Asheville, NC 28801

$7,800,000
Price
101,930 / 2.34
Lot Size / Acres

Description

OPPORTUNITY ZONE SITE. 2.34-acre infill development site. Downtown Asheville, located in the “South Slope District” with its nationally recognized brewery and restaurant scene. Walking distance to McCormick Field (Asheville Tourists baseball) and Mission Hospital. Ideal for apartments, condos, retail, office and medical uses. Hotel use is not permitted as of right . Owner-occupied by Digestive Health Partners. Seller is relocating and may need to leaseback the Property for a short period, to be negotiated...OPPORTUNITY ZONE SITE. 2.34-acre infill development site. Downtown Asheville, located in the “South Slope District” with its nationally recognized brewery and restaurant scene. Walking distance to McCormick Field (Asheville Tourists baseball) and Mission Hospital. Ideal for apartments, condos, retail, office and medical uses. Hotel use is not permitted as of right . Owner-occupied by Digestive Health Partners. Seller is relocating and may need to leaseback the Property for a short period, to be negotiated concurrent with the sale. See attached brochure, survey.
  1. Listed by John Menkes • G/M Property Group • jmenk@gmproperty.com
  2. Listed by Jeremy Goldstein • G/M Property Group

Amenities

  • Development Site

Location

Listing Courtesy of G/M Property Group
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LISTING UPDATED: 03/29/2024 10:04 AM

Property Details for 191 Biltmore Avenue

StatusActive
MLS #4052622
Days on Market282
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Commercial
Year Built-
Lot Size2.34 AC
CountyBuncombe County

Location

Listing Courtesy of G/M Property Group
Add your commute

Building Information for 191 Biltmore Avenue

Lot Size2.34 AC

Payment Calculator

$49,183 per month

30 year fixed, 7.25% Interest

Principal and Interest

$42,568

Property Taxes

$6,615

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 191 Biltmore Avenue

Summary
Location and General Information
  • Road Frontage Type: Interstate 1 mile or Less
  • Longitude: -82.552371
  • Zoning: CBD
  • Road Frontage: 462
  • Latitude: 35.587544
  • Directions: • South Slope District • Downtown Asheville, NC • ~1 mile to Mission Hospital • ~0.2 miles to McCormick Field baseball stadium
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $7,881,700.00
  • Parcel Number: 964847066600000
  • City Taxes Paid To: Asheville
School Information
  • Middle Or Junior School: Asheville
  • High School: Asheville
  • Elementary School: Asheville City
Parking
  • Open Parking: No
  • Carport: No
Property
Lot Information
  • Sq Ft Building Minimum: 0
  • Lot Size Units: Acres
  • Possible Use: Commercial, Development, Multi-Family, Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 8
  • Road Responsibility: Publicly Maintained Road
  • Senior Community: No
  • Plat Book Slide: 191/131
  • Plat Reference Section Pages: 191/131
  • Restrictions: Use
  • Restrictions Description: No gastroenterology
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Other Structures: Other - See Remarks
Interior Features
  • Habitable Residence: No
Rental
Rent Information
  • Lease Considered: No

Property History for 191 Biltmore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 191 Biltmore Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$79,384 ($6,615 / month)
Home Facts
Total Finished SqFt19,844 SqFtAbove Grade Finished SqFt19,844 SqFtStories1Lot Size102,802 SqFtStyleMedical BuildingsYear Built1991ZoningCBDCountyBUNCOMBEAPN9648-47-0666-00000

Schools near 191 Biltmore Avenue

This home is within Asheville City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - K to 5
Rating
School
Distance
Hall Fletcher Elementary
PublicPK to 5

Ira B Jones Elementary
PublicPK to 5

Isaac Dickson Elementary
PublicPK to 5

Claxton Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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191 Biltmore Avenue is a 2.34 ac of land for sale in Asheville, NC 28801. This property was listed for sale on July 21, 2023 by G/M Property Group, it's currently listed at $7,800,000. This listing's school district is Asheville City School District. Nearby schools include Hall Fletcher Elementary, Ira B Jones Elementary and Isaac Dickson Elementary. 191 Biltmore Avenue is a 0-bed, 0-bath, 2.34 ac of land on a 101,930 sq. ft. / 2.34 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of G/M Property Group

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.