Asheville, North Carolina, is a prime location for investing in Commercial Land For Sale, with 58 available listings. Commercial Land in Asheville offers a unique opportunity to tap into the city's growing economy, driven by major corporations like HomeTrust Bancshares, Ingles, and The Biltmore Company. These properties can represent a range of investments, from retail and office spaces to industrial and agricultural uses. Asheville's desirable location, nestled in the Blue Ridge Mountains, provides a unique blend of natural beauty and urban amenities, making it an attractive destination for businesses and tourists alike. The city's infrastructure, including Asheville Regional Airport and major roadways like Interstate 40 and Interstate 26, ensures easy access to markets and resources. Additionally, Asheville's strong educational institutions, such as the University of North Carolina at Asheville and Warren Wilson College, provide a skilled workforce and a hub for innovation.
Asheville's Commercial Land For Sale offers a range of opportunities, from developing retail spaces in popular neighborhoods like Biltmore Village and Downtown Asheville to building industrial facilities near major transportation hubs. With an average price per square foot of $258 USD and average sizes ranging from 37,470 square feet to 53,755 square feet, these properties offer a flexible and affordable way to invest in the city's growth. Meanwhile, other property types, such as Office Space, Industrial Space, and Retail Space, offer additional opportunities for investment and development. With its unique blend of natural beauty, cultural attractions, and economic growth, Asheville is an ideal location for businesses and investors looking to tap into the city's potential.
What are common commercial uses for land in the Asheville market?
In the Asheville market, common commercial uses for land include retail development, office spaces, and industrial facilities, which cater to the city's growing population of around 90,000 residents and its strong tourism industry. With 58 available listings of commercial land, investors and developers can find opportunities to build projects that support the local economy, such as breweries, restaurants, and hotels, which are popular among tourists and locals alike.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Asheville, there are several common ways to do so. For instance, investors can buy land directly from a private seller, work with a real estate agent or broker, or explore online marketplaces like LoopNet, which offers a comprehensive guide on how to buy land and navigate the process.
In Asheville, with 58 available listings of commercial land, investors have a range of options to choose from, with average prices per square foot at $258 USD and average sizes ranging from 37,470 square feet to 53,755 square feet. Additionally, the average cap rate for commercial land in Asheville is 7.2%, making it an attractive option for developers and investors alike.
