Level, serviced lot with RAD-NT zoning and Roberts Street frontage
Valuation based on recent land sales in the River Arts District and current market trends.
This level, 0.12-acre parcel at 57 Roberts Street sits where practical access meets creative energy — directly on Roberts Street in Asheville’s River Arts District (RAD). With clear frontage, municipal water and sewer, available gas and electric service, and a zoning designation of RAD-NT (River Arts District — Neighborhood Transition), the lot is positioned for a range of small-scale residential, commercial, or mixed-use concepts that align with the district’s artisan-driven growth.
Walk the property and you’ll appreciate how straightforward the build process could be: level topography reduces earthwork, and established infrastructure on-site helps shorten the entitlement-to-construction timeline. The parcel’s Opportunity Zone location adds a potential tax-advantaged layer for investors evaluating longer-term hold strategies or value-add redevelopment. Recent neighborhood anchors — Wedge Brewing Co. less than a block away, Riverview Station, and French Broad River Park within a half mile — provide immediate daytime and evening foot traffic that supports retail, studio, or live-work programming.
Comparable neighborhood sales show strong demand for creative infill: nearby renovated homes and repurposed industrial properties have driven appreciation in the area (median sale price in the district ~ $500,000; five-year appreciation roughly 25%). City zoning for RAD-NT intentionally encourages compatibility with the arts-oriented character, but prospective buyers should factor in permitting timelines and the potential for environmental review due to proximity to the French Broad River.
For developers, creative entrepreneurs, or buyers seeking a site to reflect the district’s personality, 57 Roberts Street is a rare, service-ready lot with immediate access to downtown Asheville (about one mile) and the riverfront amenities that make this neighborhood distinct. The sellers have recent assessment and title history available; feasibility work and environmental due diligence are recommended as next steps. Contact the listing representative to review zoning materials, utility tie-in locations, and recent market comps specific to River Arts District development sites.
57 Roberts Street, Asheville, NC 28801
The River Arts District is a revitalized stretch of Asheville where warehouses and brick lofts have been reimagined as artist studios, breweries, and boutique shops. This block offers an active street life with galleries, community events, and easy river access. Residents and visitors enjoy quick trips to French Broad River Park, local craft breweries, and a short ride or walk to downtown Asheville’s restaurants and cultural destinations. The neighborhood blends creative commerce with neighborhood living—appealing to owners and developers seeking urban character and strong foot traffic.
Very good recreational access with French Broad River Park and river greenway within 0.5 miles, multiple neighborhood parks and riverfront trails, plus breweries and outdoor gathering spots steps away.
Asheville’s River Arts District currently favors sellers. Inventory in the immediate market sits near 2.5 months — well below a neutral six-month supply — and single-family and small mixed-use properties in the district average roughly 45 days on market. Median sale price for nearby properties is about $500,000, with modest one-year appreciation (~5%) and stronger gains over five years (~25%).
Land and infill parcels perform differently than finished homes: vacant lots in RAD attract developers and owner-occupiers seeking renovation or new construction opportunities, so competition can be intense when serviced lots come to market. Given the district’s low inventory and demonstrated buyer appetite for creative urban product, now is a favorable time to consider acquisition for development, provided buyers account for RAD-NT zoning constraints and possible river-adjacent environmental assessments. Financing for raw land can be more complex than for improved properties, so buyers should secure lender pre-approval and confirm utility tap capacities early in the process. Overall, this parcel represents an opportunity to enter a tight market where thoughtfully executed projects have historically captured strong demand.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Routine buyer due diligence items; these are not known defects.
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