Property listing for 57 Roberts Street, Asheville, NC 28801
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57 Roberts Street, Asheville, NC 28801

Prime 0.12-Acre Development Lot in Asheville's River Arts District

Level, serviced lot with RAD-NT zoning and Roberts Street frontage

0.12 acres

Lot

About 57 Roberts Street

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.

Home Highlights

Zoned RAD-NT (River Arts District - Neighborhood Transition)Level 0.12-acre lot with Roberts Street frontageMunicipal water, sewer, gas and electric availableOpportunity Zone locationClose to French Broad River Park, breweries, and downtownFeasible for residential, commercial, or mixed-use development

Property Features

Interior Features

  • No structures — vacant lot
  • Ideal for ground-up development or modular construction
  • No interior utilities or finishes (land only)

Exterior & Lot

  • Lot size: 0.12 acres (5,227 sqft)
  • Level topography
  • Frontage on Roberts Street
  • Municipal water and sewer available
  • Gas and electric available
  • Located in Opportunity Zone

Location & Neighborhood

  • River Arts District (RAD)
  • Wedge Brewing Company (0.1 mi)
  • Riverview Station (0.2 mi)
  • French Broad River Park (0.5 mi)
  • Downtown Asheville approximately 1.0 mile

Walkability & Recreation

  • Walkability Rating: 78/100 — Very Walkable
  • French Broad River greenway and riverfront park within 0.5 miles
  • Multiple galleries, studios and breweries within walking distance
  • Easy bike and pedestrian access to downtown Asheville
  • Community recreation and river access nearby

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

School of Inquiry and Life Science

High · within 1.5 mi

7/10

Asheville Middle

Middle · within 1.5 mi

7/10

Hall Fletcher Elementary

Elementary · within 1.5 mi

5/10

Walkability & Recreation

78
Walkability
85
Recreation

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.

Investment Highlights

  • Prime location in Asheville's River Arts District
  • Flexible RAD-NT zoning allows for residential, commercial, or mixed-use development
  • Level 0.12-acre lot with frontage on Roberts Street
  • Proximity to popular amenities like Wedge Brewing Company and French Broad River Park
  • Located within an Opportunity Zone, offering potential tax benefits

Key Findings

  • Property is a vacant 0.12-acre lot zoned RAD-NT
  • Owned by Klaus Engelhardt and Andres Tam since February 2020
  • 2025 assessed value of $85,400 with annual taxes of $938
  • Located in a rapidly developing area with a median sale price of $500,000
  • Adjacent to residential, commercial, and art studio spaces

Things to Consider

  • Development subject to RAD-NT zoning regulations
  • Potential environmental assessments due to proximity to the French Broad River
  • Market competition from other developments in the River Arts District

Opportunity Analysis

The property at 57 Roberts Street offers a strategic development opportunity in Asheville's thriving River Arts District, with flexible zoning and proximity to key amenities enhancing its appeal.

Potential Use Scenarios

  • Develop a mixed-use building combining residential units with ground-floor commercial space
  • Construct a boutique residential complex catering to the area's growing demand
  • Establish an art studio or gallery space to align with the district's artistic community

Risk Factors

  • Navigating zoning and permitting processes for development
  • Potential environmental considerations due to proximity to the river
  • Market saturation with similar developments in the area

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$90K

Midpoint

$100K

High

$110K

75% confidence

Valuation based on recent land sales in the River Arts District and current market trends.

As of 2026-04-22

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$500,000
Avg Days on Market45 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)8,000
Median Income (1 mi)$45,000

The River Arts District has experienced significant growth and revitalization over the past decade, attracting artists, entrepreneurs, and residents seeking a vibrant urban environment.

Nearby Points of Interest

  • Wedge Brewing Company (0.1 mi)
  • Riverview Station (0.2 mi)
  • French Broad River Park (0.5 mi)
  • Downtown Asheville (1.0 mi)

Located in the heart of Asheville's River Arts District, surrounded by art studios, breweries, and close to the French Broad River.

School District

DistrictAsheville City Schools
ElementaryHall Fletcher Elementary (5/10)
MiddleAsheville Middle (7/10)
HighSchool of Inquiry and Life Science (7/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Lot & Site

Lot Size0.12 acres (5,227 SF)
Topographylevel
FrontageFrontage on Roberts Street

Utilities

Watermunicipal
Sewermunicipal
Electricavailable
Gasavailable

Zoning & Land Use

Zoning CodeRAD-NT
DescriptionRiver Arts District - Neighborhood Transition
JurisdictionCity of Asheville

Allowed Uses

residentialcommercialmixed use
Current Usevacant
Assessor UseVacant Land

Tax & Sale History

Tax Assessment

Total Assessed$85,400
Land$85,400
Improvements$0
Annual Tax (2025)$938

Sale History

2020-02-06$87,000

Sale recorded in public records

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