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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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851 Charlotte Hwy , Fairview, NC 28730
$3,959,500
Est. Payment: $8,798.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 1
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NCM33350 - dame54881
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House Description

Prime 61-Acres commercial & mixed-use land on Charlotte Hwy (US 74A). Unrivaled development opportunity in the highly sought-after Reynolds/Fairview corridor, just minutes Southeast of downtown Asheville. Spanning 61 contiguous acres, this is the only sizeable tract along this key 5 lane commercial corridor featuring both City Water and MSD Sewer availability. Zoning is open Use (OU) providing maximum flexibility for commercial, residential, or mixed-use development. Approximately 600 feet of high-visibility frontage along Charlotte Hwy (US 74A). Approximately 6 acres cleared frontage for immediate development or retail/commercial buildout. Property transitions from highway-frontage flat land into many acres of rolling terrain, then steeper culminating at a spectacular 3–4-acre natural plateau at the pinnacle where there are breathtaking, unobstructed views of Cedar Cliff and distant mountain ranges looking toward downtown Asheville. 1,600 sq. ft. metal building currently hosting a VW repair shop with ~1 acre of fenced storage/yard space. Short-term income/flexibility as current tenants (VW repair shop, mulch yard, and equipment storage lot) can remain in place for immediate income or receive a 60-day notice to vacate upon purchaser preference. Old house of no value sits beside small pond. Some 4wd access but most old logging roads are overgrown for vehicles. Download REGRID application on your phone to distinguish your location if walking this property.

Highlights

Listed by Dale Merrill , 828-275-4130 RE/MAX Executive , 828-670-1500.

Property Type

Commercial Sale

Lot/Acreage
61

Year Built

2000

County

Buncombe

Listing ID

4420677

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0

Exterior Features

Lot:Cleared,Hilly,Level,Open Lot,Pond(s),Rolling Slope,Sloped,Steep Slope,Creek/Stream,Wooded,Views,Other - See Remarks
Zoning:OU
Roof:Metal
Principal Interest
$8,799
Taxes
$2,524

Home Price

$3,959,500

Loan Details

30 yrs
%

Down Payment

20%
$791,900
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Monthly Price:
$8,798.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,798.89 $2,524.18 $0.00 $11,323.07
Yearly $105,586.67 $30,290.18 $0.00 $135,876.84
Total $3,167,600.00 $908,705.25 $0.00 $4,076,305.25

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fairview, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.