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G/M Property Group, LLC • Commercial Real Estate Services

FOR SALEHAYWOOD ROAD BETWEEN AVON & EUCLID • ASHEVILLE • NC

Commercial Real Estate ServicesG/M Property Group, LLC

HAYWOOD ROAD BETWEEN AVON & EUCLID • ASHEVILLE • NCFOR SALE

HaywoodRoad Assemblage

EXECUTIVE SUMMARY

• The HR-5: Live-Work sub-district is intended for new residential or live-work buildings.

• ±0.98 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.

• 410’ of road frontage on Haywood Road 100’ of road frontage on Euclid Boulevard 100’ of road frontage on Avon Avenue

• 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• This entire city block consists of 15 separate

parcels that were painstakingly assembled over a number of years.

• Excellent residential or mixed-use development opportunity.

Sustainable Development LLC (the “Seller”), through G/M Property Group, LLC as exclusive agent, is soliciting offers for the purchase of ±0.98 acres on Haywood Road between Avon Avenue and Euclid Boulevard, Asheville, NC 28806 (the “Property”).



2016 PROPERTY ASSESSMENT/TAXES

PROPERTY JURISDICTION RATE/$100

Lots / Parcels: Buncombe County: $0.6040Total Acreage: City of Asheville: $0.4750Avg Size Lot / Parcel: Asheville School District: $0.1500Avg Taxes: Total Rate: $1.2290

TOTAL TAXES: $1,348.28

DEMOGRAPHICS

2016 DEMOGRAPHICS 1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS

Population 8,055 50,705 99,401Median Age 35.1 36.0 38.9Average Household Income $39,330 $51,291 $58,903

PRICE$990,000

GROSS LAND AREA±0.98 acres

PRICE PER ACRE$1,010,204

LEGALDeed Bk/Pg: 4378/1136Deed Bk/Pg: 4536/0787Deed Bk/Pg: 4465/1864

See Parcel Breakdown on Next Page

ZONINGHR-5: Live-Work

The HR-5: Live-Work sub-district is intended for new residential or live-work buildings that address and conform to the steep topography of the area. Live-work buildings in the HR-5: Live-Work subdistrict are pulled up to the sidewalk to encourage pedestrian activity in the area. Residential buildings are set slightly further back from the street. A variety of live-work and residential uses are allowed in thissub-district.

2016 TAXES$1,348.28

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 DESCRIPTIONEntire city block consisting on 15 sepa-rate parcels painstakingly assembled over a number of years.

INVESTMENTSUMMARY

Buncombe County GIS

16 / 15 0.98

0.061 / 0.065$89.88/Parcel

G/M Property Group, LLCCommercial Real Estate Services


PARCELS

# PARCEL # ACREAGE 2016 ASSESSED VALUE EST. TAXES

9638-85-18719638-85-18939638-85-28149638-85-28379638-85-29609638-85-29729638-85-29949638-85-39169638-85-39379638-85-39499638-86-30619638-86-30839638-86-30959638-86-40179638-86-4039

1234*56789101112131415

0.070.060.060.120.060.060.060.060.060.060.060.060.060.060.07

$5,500$5,400$5,400

$33,900$5,400$5,400$5,400$5,400$5,400$5,400$5,400$5,400$5,400$5,400$5,500

$67.60$66.37$66.37

$416.64$66.37$66.37$66.37$66.37$66.37$66.37$66.37$66.37$66.37$66.37$67.60

Total # of Parcels: 15Total Assessed Value: $109,700Total Area: 0.98Total 2016 Taxes: $1,348.28Avg. Parcel Size: 0.065/parcel

*This parcel contains two lots.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

WELCOME TO THE NEIGHBORHOOD



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

G/M Property Group, LLCCommercial Real Estate Services


34 Haywood Road Form District Asheville North Carolina COUNCIL DRAFT September 9, 2014

2.0. DISTRICTS2.7. HR-5: Live-Work

The HR-5: Live-Work sub-district is intended for new residential or live-work buildings that address and conform to the steep topography of the area. Live-work buildings in the HR-5: Live-Work sub-district are pulled up to the sidewalk to encourage pedestrian activity in the area. Residential buildings are set slightly further back from the street. A variety of live-work and residential uses are allowed in this sub-district.

PURPOSE AND INTENT



Haywood Road Form District Asheville North Carolina 35 COUNCIL DRAFT September 9, 2014


STREET CROSS-SECTION

WidthA Pavement width 29'

A Crossing distance 29'

StreetscapeB Sidewalk (min) 6'

C Planting area 5'

TravelwayD Bike lane (one side uphill) 5'

E Travel lane 12'

Specifications Walkway type Sidewalk

Planting type Trees in verge or residential front yards

Parking type --

Bike lane type Striped lane

AB BCC ED D



36 Haywood Road Form District Asheville North Carolina COUNCIL DRAFT September 9, 2014

Lot DimensionsA Lot area (min) 0'

B Lot width (min) 0'

Lot ParametersC Building coverage (max) 80%

D Outdoor amenity space (min) 20%

Building SetbacksA Primary street (min/max)

Residential 10'/20'

Live-work 0'/10'

B Side street (min)

Residential 10'

Live-work 0'

C Rear or side interior (min) 0'

Rear or side abutting alley (min) 5'

Build-to Zone (BTZ)

D Building facade in primary street BTZ (min % of lot width) 70%

E Building facade in side street BTZ (min % of lot width) 35%

Parking LocationOff-street only

No on-site parking between building and street

Garage doors cannot face Haywood Road

1. LOT CRITERIA 2. SITING


B

C

D

A

Primary Street Side Street

B

D

A

A

E

C

C




Haywood Road Form District Asheville North Carolina 37 COUNCIL DRAFT September 9, 2014

Building HeightA Building height, stories max/feet max 3/45'

B Building height, stories min/feet max 2/30'

C Building stepback above 2nd story (min)10' or less from front property line 10'

Over 10' from front property line Not required

Story HeightD Ground story height (min)

Residential 10'

Live-work 12'

E Upper story height (min) 9'

Ground Floor ElevationF Ground floor elevation (min/max)

Residential 0'/8'

Live-work 0'/4'

TransparencyA Ground story, primary (min)

Residential 20%

Live-work 40%

B Upper story (min) 20%

C Blank wall area, primary (max)

Residential 30'

Live-work 15'

Pedestrian AccessD Entrance facing primary street Required

E Entrance spacing along primary street (max) 50'

Building Elements AllowedResidential: awning/canopy, balcony, front porch, stoopLive-work: awning/canopy, balcony, front porch, stoop, courtyard

3. HEIGHT 4. ACTIVATION


ABF

ED

A

CCPrimary Street Side Street

C

C

D

E

BA

BA




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



SHAPERectangular

TRAFFIC COUNTS±8,400 vehicles per day

FLOOD HAZARDNone

TOPOGRAPHYSteep sloping

EASEMENTSNone

DEED RESTRICTIONSNone

UTILITIESPublic Available

ZONINGHR5: Live-Work

LOCATIONLocated on Haywood Rd connecting West Asheville to the River Arts District

SITE AREA±0.98 acres

ROAD FRONTAGE410’ of road frontage on Haywood Rd100’ of road frontage on Euclid Blvd100’ of road frontage on Avon Ave

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


G/M Property Group, LLC • Commercial Real Estate Services

ADDRESSHaywood RdAsheville, NC 28806

GPS COORDINATES35.582199, -82.571876

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

for sale - loopnet › d2 › 2j-_e5hnu7khav0dnzcwomj0... · 2017-01-18 · brewing company, the...

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