unfinished project - Western North Carolina Commercial Property

Arden Acres
Airport Road
Asheville, North Carolina
25 acres of Prime Commercial Land
In South Asheville
Prepared by
James M. Whatmore
Coldwell Banker Kasey & Associates
Office 828-258-3332
Email: james.whatmore@coldwellbanker.com
Cell: 828-230-1203
Major Tenants
Currently in the area
Area History
The vitality of the Asheville market is known
around the country. Our growth has been solid
and non-speculative.
There are several commercial centers in the
Asheville market. The East of Asheville has been
the major retail/commercial location for the last
30 years with the Asheville mall as its hub, but in
the last 15 years the Hendersonville Road area
has been developed and is competing with the
Asheville Mall, but because of the population
growth of full time residents in the southern area
(which has flat land for development) both areas
are fairing well.
The new area –Airport Road– is coming on very
strong. A lot of the major tenants are already
there but many more are trying to get in on the
growth. This area being about 10 miles from
Asheville downtown and about 10 miles from
Hendersonville downtown makes growth here a
very easy decision for Retailers as well as services and corporate offices being only 1/2 mile
from the airport.
The list of major tenants shown here are ones
that are already open. Others like Hobby Lobby,
Bass Pro Shops and others are currently working
the area looking for sites.
Targets
Best Buys
Lowes
Mitchells
Ross
Old Navy
Walgreens
Linens & Things
World Market
Pets Smart
Office Depot
Pier One
Wal Mart
Major residential developments close by Range
from the Cliffs at Walnut Cove on the high end to
the west to Royal Pines, affordable condos and
other middle income centers are located east and
more room for growth close by.
Broadmore Country Club public golf course is
about a mile and other attractions are close by.
This 28 acre site on Airport Road with good dimensions, access on three sides with two major roads
gives this site advantages over some of the other
properties available in the area.
All utilities are on site, zoning is not a problem and
the city wants this land to become productive.
New Restuarants
Subject
Property
Day
Care
Center
Anhousre
Bush
Topography 20 foot contours
Location:
.25 miles from I26 exit 44
1 mile from Asheville Airport
10 miles from Downtown Asheville
10 miles from Hendersonville
Access from Airport Rd. & Rutledge Rd.
Close to residential on all sides
Directions
I26 to exit 44. Exit east Property on right
before third traffic light.
From Hendersonville Road turn west on
Airport Road Property on left just past
fourth traffic light.
From the Airport go north east, over I26
and property on right before third traffic
light.
Parcel Information
Pin Mumber Db/page
acres
9643.02-85-3803
9643.02-85-7487
9643.02-95-0622
9643.02-85-9866
9643.02-96-1092
9643.02-96-3141
9640.02-86-9079
9643.01-96-3215
9643.02-96-2378
9643.02-96-1410
9643.02-86-8147
9643.02-96-0119
3263/0784
2068/0033
2068/0033
2290/0314
2290/0314
2290/0314
4396/0252
1512/0652
1441/0505
1334/0289
1933/0447
1606/0308
Total acres 24.17 +/-
9.4
2.38
1.62
4.07
.96
.97
.5
1.2
1.08
.99
.5
.5
Area Demographics
Area Demographics
This picture is of the South Ridge Center and the retail tenants currently on site. The stop light above is
the entrance into the proposed site. Other stores are
also close by making this a true retail center.
NC dept. of
Transportation
2004
Traffic counts
Subject
Properties
These Traffic counts are from 2003
& 2004. That was before the currant
expansion on Airport Rd.
Arial of surrounding area
Site