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G/M Property Group, LLC Commercial Real Estate Services FOR SALE HAYWOOD ROAD • ASHEVILLE • NC SEE INSIDE FOR MORE INFORMATION! $299,000 HALF CITY BLOCK IN WEST ASHEVILLE! ± 0.52 Acres Walk to River Arts District

FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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Page 1: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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

Page 2: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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”).

Page 3: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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

Page 4: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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

Page 5: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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

Page 6: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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

Page 7: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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

Page 8: FOR SALE - LoopNet › d2 › q5XRjMJz07SSXBmihz9D7... · 2018-05-14 · Brewing Company, the French Broad River and the River Arts District (RAD). Downtown Asheville is just up the

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