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 also available at MLS #3603724.
- Heating System:
- Central, Oil
- Cooling System:
- Central Air
- Fence:
- Fenced
- Sewer:
- Septic Installed
- Utilities:
- Electricity Connected, Cable Connected
- Country:
- US
- State:
- NC
- County:
- Buncombe
- City:
- Asheville
- Zipcode:
- 28806
- Street:
- New Leicester
- Street Number:
- 0000
- Street Suffix:
- Highway
- Longitude:
- W83° 20' 55.7''
- Latitude:
- N35° 37' 6''
- 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 from driveway on O'Donald Road.
- Office Name:
- Lantern Realty & Development
- Agent Name:
- Micheal Farlow
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Construction Materials:
- Frame
- Foundation Details:
- Basement
- Lot Features:
- Corner Lot
- Possible Use:
- Commercial,Development,Industrial,Multi-Family,Poultry,Residential,Subdevelopment
- Stories:
- 1
- Water Source:
- Well
- List Agent Mls Id:
- 548502195
- List Office Mls Id:
- 1071203
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2025-10-30T18:52:05Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-02-25T19:31:27Z
Commercial Sale For Sale
0000 New Leicester Highway, Asheville, North Carolina 28806
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 3603681
- Price :
- $1,200,000
- Bathrooms :
- 1
- Year Built :
- 1932
- Lot Area :
- 5.39 Acre
- Status :
- Active
- Property Sub Type :
- Unimproved Commercial
- Roof:
- Composition
