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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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851 Charlotte Hwy Hwy , Fairview, NC 28730
$3,959,500
Est. Payment: $22,252.52/mo
61.03 Acres
Status: active | Days on site: 1
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NCM33350 - dame54881
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Terri Bias
Operator/Brokerage Owner
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House Description

Prime 61-Acres commercial & mixed-use land on Charlotte Hwy (US 74A). Unrivaled development opportunity in the highly sought-after Reynolds/Fairview corridor, just minutes Southeast of downtown Asheville. Spanning 61 contiguous acres, this is the only sizeable tract along this key 5 lane corridor featuring both City Water and MSD Sewer availability. Zoning is open Use (OU) providing maximum flexibility for commercial, residential, or mixed-use development. Approximately 600 feet of high-visibility frontage along Charlotte Hwy (US 74A). Approximately 6 acres cleared frontage for immediate development or retail/commercial buildout. Property transitions from highway-frontage flat land into many acres of rolling terrain, then steeper culminating at a spectacular 3–4-acre natural plateau at the pinnacle where there are breathtaking, unobstructed views of Cedar Cliff and distant mountain ranges toward downtown Asheville. 1,600 sq. ft. metal building currently hosting a VW repair shop with ~1 acre of fenced storage/yard space. Short-term income/flexibility as current tenants (VW repair shop, mulch yard, and equipment storage lot) can remain in place for immediate income or receive a 60-day notice to vacate upon purchaser preference. Old house of no value sits beside small pond. Some 4wd access but most old logging roads are overgrown for vehicles. Download REGRID application on your phone to distinguish your location if walking this property.
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Highlights

Listed by Dale Merrill , 828-275-4130 RE/MAX Executive , 828-670-1500. Canopy MLS mls logo

Property Type

Vacant Land
Lot/Acreage
61.03

County

Buncombe

Listing ID

4411365

Questions about this listing?

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Interior Features

Water:City

Exterior Features

Lot:Cleared,Creek Front,Open Lot,Pond(s),Rolling Slope,Steep Slope,Wooded,Views
Zoning:OU
Sewer:County Sewer
Principal Interest
$22,253
Taxes
$2,524

Home Price

$3,959,500

Loan Details

30 yrs
7.548%

Down Payment

20%
$791,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$22,252.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $22,252.52 $2,524.18 $0.00 $24,776.71
Yearly $267,030.30 $30,290.18 $0.00 $297,320.47
Total $8,010,908.90 $908,705.25 $0.00 $8,919,614.15

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Fairview, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T17:53:06.000Z

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