3.15 Acre Land | Development Opportunity

Description:

LOCATION HIGHLIGHTS
● Strategic Access: Situated on Smokey Park Hwy, this property offers excellent visibility and accessibility, making it ideal for commercial development or retail ventures.
● Proximity to Asheville: Located just 20 minutes from downtown Asheville, Candler provides a balance between rural charm and urban convenience.

STRONG MARKET FUNDAMENTALS
● Population Growth: The 28715 zip code is projected to grow by 15.4% by 2025, reaching approximately 30,526 residents, indicating increasing demand for housing and services.
● Appreciation Trends: Over the past five years, property values in Candler have appreciated by over 56%, reflecting a robust real estate market.

DEVELOPMENT POTENTIAL
● Zoning Opportunities: The land's zoning allows for various commercial and residential developments, subject to local planning approvals. While the specific permitted uses can vary, Open Use zoning generally permits:
● Residential: Single-family homes, manufactured homes, and multi-family dwellings.
● Commercial: Retail stores, restaurants, offices, and service establishments.
● Industrial: Light manufacturing and warehousing.
● Agricultural: Farming, gardening, and related activities.
● Recreational: Parks, trails, and recreational facilities.

This zoning is designed to accommodate a variety of land uses, promoting flexibility and growth while maintaining the character of the area.
● Proximity to I-40: The property at 2555 Smokey Park Hwy, Candler, NC 28715 is conveniently located just off Exit 37 on I-40. This exit provides direct access to Smokey Park Hwy, facilitating easy connectivity for commuters and travelers.
● Traffic Volume: I-40 sees over 60,000 vehicles per day (VPD), offering high exposure for any commercial or mixed-use development.
● Connectivity: I-40 is a major east-west corridor through North Carolina, connecting Asheville to surrounding markets and supporting strong logistics and consumer traffic.

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