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G/M Property Group, LLC • Commercial Real Estate Services
FOR SALEHAYWOOD ROAD • ASHEVILLE • NC
SEE INSIDE FOR MORE INFORMATION!
$299,000HALF CITY BLOCKIN WEST ASHEVILLE!
± 0.52 Acres Walk to River Arts District
Commercial Real Estate ServicesG/M Property Group, LLC
HAYWOOD ROAD • ASHEVILLE • NCFOR SALE
HaywoodRoad Assemblage
EXECUTIVE SUMMARY
• The HR-7 Traditional Community zoning district promotes urban in-fill residential, commercial and live-work development.
• ±0.52 acres ideally located between West Asheville and the River Arts District on Haywood Road.
• Sidewalks and bike lanes provide easy pedestrian and bicycle-friendly access to the heart of West Asheville, the River Arts District, Greenway systems along the French Broad River and Downtown Asheville.
• ±225’ road frontage on Haywood Road ±95’ road frontage on Riverview Drive Unopened alley on southeast boundary
• Located just ±1 mile from the heart of Downtown Asheville.
• Strong residential demand, increasing home values and extremely limited supply of in-fill land presents a rare investment opportunity.
OFFERING TERMSSeller seeks offers from qualified buyers to acquire the Property, which will be conveyed by general warranty deed subject to a short due diligence period.
INVESTMENT HIGHLIGHTS• Half city block consisting of 5 parcels / 7
lots.
• Excellent residential or mixed-use development opportunity.
Seller through G/M Property Group, LLC as exclusive agent, is soliciting offers for the purchase of ±0.52 acres on Haywood Road at Riverview Drive, Asheville, NC 28806 (the “Property”).
Commercial Real Estate ServicesG/M Property Group, LLC
HAYWOOD ROAD • ASHEVILLE • NCFOR SALE
2017 PROPERTY ASSESSMENT/TAXES
PROPERTY JURISDICTION RATE/$100
# of Parcels: Buncombe County: $0.5390# of Lots: City of Asheville: $0.4289Total Acreage: Asheville School District: $0.1200 Total Rate: $1.0879
TOTAL TAXES: $2,686.03
DEMOGRAPHICS
2017 DEMOGRAPHICS 1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS
Population 8,187 51,450 100,760Median Age 35.3 36.5 39.3Average Household Income $40,229 $54,361 $61,799
PRICE$299,000
GROSS LAND AREA±0.52 acres (by tax card)
PRICE PER ACRE$575,000
PRICE PER LOT$42,714
LEGALDeed Bk/Pg: 5566/383See Parcel Breakdown on Next Page
ZONINGHR-7: Traditional Community
2017 TAXES$2,686.03
UTILITIESPublic Utilities Available
LOCATIONLocated on Haywood Road in West Asheville, a short walk to New Belgium Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the hill past the traffic circle by way of Clingman Avenue.
GENERAL DESCRIPTIONApproximately a 1/2 block consisting of 5 parcels with 7 lots. A preliminary engineering site analysis is available upon request.
INVESTMENTSUMMARY
Buncombe County GIS
5 7
0.52
G/M Property Group, LLCCommercial Real Estate Services
HAYWOOD ROAD • ASHEVILLE • NCFOR SALE
PARCELS
# PARCEL # ACREAGE 2017 ASSESSED VALUE EST. TAXES
9638-86-63749638-86-73089638-86-74219638-86-74649638-86-7487
12345
0.190.050.120.110.05
$66,700$300
$62,600$61,800$55,500
$725.63$3.27
$681.02$672.32$603.79
Total # of Parcels: 5Total Assessed Value: $246,900Total Area: 0.52Total 2017 Taxes: $2,686.03Avg. Parcel Size: 0.104 Acres
*This parcel contains two lots.
Buncombe County
Sources: Esri, HERE, DeLorme, USGS, Intermap, INCREMENT P, NRCan,
Esri Japan, METI, Esri China (Hong Kong), Esri Korea, Esri (Thailand),
November 14, 2017
0
0.015
0.03
0.0075
mi
0
0.03
0.06
0.015
km
1:1,128
1 2 3 4 5
WELCOME TO THE NEIGHBORHOOD
Commercial Real Estate ServicesG/M Property Group, LLC
HAYWOOD ROAD • ASHEVILLE • NCFOR SALE
ASHEVILLE
RANKINGS• Named #1 Top Destination of 2017 - Lonely Planet, 2016• Ranked #12 out of 200 as a Best Place for Business and Careers - Forbes.com, 2015• Ranked #10 in Best Cities in the US and Canada - Travel & Leisure, 2015• Ranked #2 Best Startup City in America - Popular Mechanics, 2015
RESTAURANTS• Limones• Tupelo Honey• 12 Bones Smokehouse• Biscuit Head• Sunny Point• The Admiral
• Buxton Hall BBQ• Vortex Donut• Owl Bakery• Taco Billy• Zia Taqueria• Chestnutt
• White Duck Taco• Nine Mile• Farm Burger• Universal Joint• All Souls Pizza• Curate
• Gypsy Queen• Corner Kitchen• Bull and Beggar• Rocky’s Hot Chicken Shack• Doc Chey’s Noodle House• Rhubarb
BREWERIES MUSIC VENUES• The Orange Peel• The Grey Eagle• The Mothlight• New Mountain Asheville• U.S. Cellular Center• Asheville Music Hall
ATTRACTIONS• Biltmore Estate• Blue Ride Parkway• The Omni Grove Park Inn• Asheville Tourists Baseball• Folk Art Center• Smoky Mountains
• Wicked Weed• Burial Beer Co.• New Belgium Brewing Co.• Sierra Nevada• Oscar Blues• Green Man Brewery
• Asheville Brewing Co.• Highland Brewing Co.• Catawba Brewing Co.• Twin Leaf Brewery• Wedge Brewing• Hi-Wire Brewing
Commercial Real Estate ServicesG/M Property Group, LLC
HAYWOOD ROAD • ASHEVILLE • NCFOR SALE
WALKING DISTANCE
WESTASHEVILLE
River ArtsDistrict (RAD)
& French Broad
River Park
River ArtsDistrict (RAD)
Westgate Shopping Center
New BelgiumBrewing Co.
SUBJECT
• to River Arts District
• to New Belgium Brewing Co
• to Westgate Shopping Center
• to West Asheville
• to French Broad River Trails
• to French Broad River Park
• to Carrier Park
--------------- 9 min
-------- 9 min
----- 20 min
------------------ 13 min
-------- 5 min
------- 20 min
-------------------- 30 min
FUTURE PLANS FOR CITY OF ASHEVILLE GREENWAY
• The proposed plan will include a network of off-road trails utilizing natural corridors to connect people and places within the city. This will allow for transitional bicycle and pedestrian improvements along roadways.
• Planned greenways accessible near the Property are: - French Broad River Park Greenway - West Bank, 9 miles long - French Broad River Park Greenway - East Bank, 8 miles long• Proposed plan will connect 11 individual greenway systems in the Asheville Area This will total 115 miles of connecting greenways
RAD MAP
French Broad River French Broad River
Commercial Real Estate ServicesG/M Property Group, LLC
HAYWOOD ROAD • ASHEVILLE • NCFOR SALE
SHAPERectangular
TRAFFIC COUNTS±8,400 vehicles per day
FLOOD HAZARDNone - however site is impacted by a stream
TOPOGRAPHYSteep sloping
UTILITIESPublic Available
ZONINGHR7: Traditional Community
LOCATIONLocated on Haywood Rd connecting West Asheville to the River Arts District
SITE AREA±0.52 acres
ROAD FRONTAGE±225’ of road frontage on Haywood Rd±95’ of road frontage on Riverview Drive
SITE DESCRIPTION
WEST ASHEVILLE
RIVER ARTS DISCTRICT
New Belgium Brewing
WedgeBrewing
12 BonesSmokehouse
RAD Art Studios
Zia Taqueria
B&BPharmacy
The Admiral
Hall Fletcher Elementary School
Owl BakeryWest AshevilleLounge
Speedy Auto Sales
Urban OrchardCider Co
Taco Billy
Hole Donuts
French BroadRiver Park
Westwood Baptist Church
AshevilleMiddle School
All Souls Pizza
White Duck Taco
SUBJECT
HAYWOOD ROAD • ASHEVILLE • NCFOR SALE
G/M Property Group, LLC • Commercial Real Estate Services
ADDRESSHaywood RdAsheville, NC 28806
GPS COORDINATES35.583759, -82.570108
LOCATION
Please contact Jeremy Goldstein or John Menkes at G/M Property Group, LLC
G/M PROPERTY GROUP, LLCP.O. Box 18723Asheville, NC 28814(828) 281-4024
[email protected]@gmproperty.comwww.gmproperty.com
YOUR COMMERCIAL REAL ESTATE EXPERTS SINCE 2001.
FOR MORE INFORMATION
John MenkesJeremy Goldstein
SUBJECT
All information is from sources deemed reliable. No warranty nor representation is made as to the accuracy thereof and all information herein is subject to errors, omissions or change without notice.
SUBJECT