+/- acre property nearby two recent (60, 95 units) multifamily developments in Swannanoa, NC. Property is located 15-20 minutes from downtown Asheville. This potential affordable housing development site is located outside the city limits of Asheville. Sewer line runs along small stream in front of the two houses. No value placed on houses. Houses have month to month tenants according to the owner. Property is +/- 1 mile from I-40 (AADT of +/- 50,000) and +/- 10 minutes from the VA hospital, the Blue Ridge Parkway and John B Lewis soccer fields. This section of US 70 has AADT of +/- 11,000. Please note that the property has a sewer easement along Franklin Rd.
The median home value in Swannanoa, NC is $475,000. This is higher than the county median home value of $429,900. The national median home value is $338,100. The average price of homes sold in Swannanoa, NC is $475,000. Approximately 47.05% of Swannanoa homes are owned, compared to 23.79% rented, while 29.17% are vacant. Swannanoa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Swannanoa real estate agent to arrange a tour today!
Swannanoa, North Carolina has a population of 4,589. Swannanoa is more family-centric than the surrounding county with 33.37% of the households containing married families with children. The county average for households married with children is 27.17%.
The median household income in Swannanoa, North Carolina is $47,633. The median household income for the surrounding county is $59,699 compared to the national median of $69,021. The median age of people living in Swannanoa is 36.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 44.2 inches per year, with 9.6 inches of snow per year.