Listing by: Micheal Farlow, Lantern Realty & Development, mfarlowrealtor@gmail.com
0 Beds
n/a Full bath
1,032SqFt
Active
Developer's Dream: Signalized Corner Acreage on New Leicester Hwy - position your next project on one of the most strategic and visible development sites in the Asheville market. This +/-5.39 acre parcel offers prime frontage on New Leicester Highway (over 500 ft on a 5-lane highway) plus additional access along O'Donald Road, all just 4 miles from Patton Avenue and minutes to downtown Asheville. Located at a signalized intersection on the drive-home side of the highway, this very gently sloping, high-traffic site offers a rare opportunity for commercial, multifamily, or mised-use development in one of Buncombe County's fastest-growing corridors. Open use zoning, minimal site prep, over 500' frontage on two roads, 3 private wells with municipal water available. Whether you're planning a multifamily development, commercial center, storage facility, or a blended-use project, this site checks every box - location, access, infrastructure, zoning flexibility, and growth potential.
Property Details | ||
|---|---|---|
| Price | $1,200,000 | |
| Lot Size Area | 5.39 | |
| Lot Size Area Units | Acres | |
| Acres | 5.39 | |
| Property Type | MultiFamily | |
| MLS Sub type | Other | |
| Year Built | 1932 | |
| Roof | Fiberglass | |
| Heating | Heat Pump | |
| Foundation | Basement, Other - See Remarks | |
| Lot Description | Corner Lot, Creek Front, Level, Creek/Stream | |
| Laundry Features | Main Level | |
| Parking Description | Driveway, Detached Garage | |
| Garage spaces | 1 | |
Geographic Data | ||
| Directions | From Downtown Asheville, take Patton Avenue to right onto New Leicester Hwy, 4 miles to property on right. Frontage on both New Leicester Hwy and O'Donald Road; access via driveway on O'Donald Road. | |
| County | Buncombe | |
| Latitude | 35.618345 | |
| Longitude | -82.651235 | |
Address Information | ||
| Address | 0000 New Leicester Highway, Asheville, NC 28806 | |
| Postal Code | 28806 | |
| City | Asheville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Lantern Realty & Development | |
| Listing Office Phone | 828-772-0220 | |
| Listing Agent | Micheal Farlow | |
| Listing Agent Phone | 828-231-5466 | |
| Attribution Contact | mfarlowrealtor@gmail.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Cash, Conventional | |
School Information | ||
| Elementary School | West Buncombe/Eblen | |
| Middle School | Clyde A Erwin | |
| High School | Clyde A Erwin | |
MLS Information | ||
| Days on market | 1736 | |
| MLS Status | Active | |
| Listing Date | Apr 28, 2020 | |
| Listing Last Modified | Jul 25, 2025 | |
| Tax ID | 961959191700000 | |
| MLS # | CAR3603722 | |
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