000 Upward Road E Flat Rock, NC $ 7,900,000
000 Upward Road E
$ 7,900,000
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000 Upward Road E

Flat Rock, NC, 28731
$ 7,900,000
Bedrooms-- Baths--

Monthly Estimate*

$ 54,563

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Commercial Property for sale in Flat Rock, NC

for $7,900,000. This building was built in 2027 on a lot size of 27.68.

Exceptional large-scale development opportunity in one of Henderson County’s most strategic and rapidly expanding commercial corridors. This ±27.68 acre tract is ideally positioned at the Upward Road interchange along I-26, offering outstanding visibility, accessibility, and connectivity within the highly desirable South Asheville / Hendersonville growth corridor. With approximately 1,300 feet of frontage along Upward Road and additional frontage on Commercial Boulevard within the established Appleland Business Park, the property benefits from excellent access, strong traffic exposure, and multiple points of ingress and egress. Its location at a signalized interchange provides direct connectivity to I-26, allowing for efficient regional access to Asheville, Hendersonville, and Upstate South Carolina—making it highly attractive for a wide range of commercial and industrial users. The land is predominantly level and has been previously utilized for agriculture, creating a highly efficient and cost-effective development site with minimal grading requirements. This combination of scale and usability is increasingly rare in today’s market, particularly in a corridor experiencing strong population growth, expanding infrastructure, and increasing demand for commercial and industrial space. Zoned RC (Regional Commercial), the property offers exceptional flexibility, allowing for a broad range of uses including industrial flex development, light manufacturing, distribution, multi-family residential, retail centers, office campuses, hospitality, and mixed-use projects. This versatility enables developers and investors to adapt to market conditions and pursue multiple development strategies within a single site. A significant advantage of this property is the availability of key infrastructure, including public water and sewer, natural gas, and three-phase power, providing the critical utilities necessary to support modern commercial, industrial, and residential development. These utility capabilities substantially reduce development timelines and costs while enhancing the site’s appeal for both institutional investors and owner-users. Surrounded by a growing mix of commercial, industrial, and residential development, the property benefits from strong demographics, increasing traffic counts, and proximity to major employment centers and regional amenities, including Asheville Regional Airport. Its positioning within Appleland Business Park provides an established commercial environment with nearby complementary uses, while still offering the scale and flexibility needed for larger, more impactful development. Additionally, the combination of interstate access, multiple road frontages, and a highly visible location creates opportunities for phased development, multi-tenant projects, or a single large-scale user. Whether envisioned as a multi-building industrial flex park, a residential multi-family community, a mixed-use development, or a commercial retail center, this property offers the foundational elements necessary for a successful project: location, infrastructure, visibility, and flexibility. In a market where large, well-located tracts with full utility access and interstate proximity are increasingly scarce, this offering represents a rare opportunity to secure a premier development site capable of supporting a wide range of high-demand uses.

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Commercial Contingent

Price

$ 7,900,000

Property Type

Commercial

Taxes

$ 0

Style

Retail Center

Lot Size

27.68

Year Built

2027

Town/City

Flat Rock

County/Region

Henderson

MLS | Web ID

4350679

Features
General
Roof None
Development Status Proposed
Zoning RC
Construction Materials N/A
Year Built 2027
View Mountain(s) Year Round
Stories Count 0
Property Subtype Retail Center
Parcel Number 1011378
Gross Income 0
Elevation 2000
Waterfront Features None
Additional Parcels Description 3 add'l tracts 9587291846 9587291592 & 9587296455
County Henderson
Net Operating Income 0
Operating Expense 0
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Development Industrial Multi-Family Residential Other - See Remarks
Other Structures None
Directions I-26 to Upward Rd exit East to property on left.
City Flat Rock
Senior Community Y/N N
Number Of Units Total 0
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active Under Contract
Property Financing 0
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 2351300
Complex Name Easler Upward
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Interior
Basement Other
Basement (Y/N) N
Below Grade Finished Area 0
Total Baths 0
Number Of DocksTotal 0
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Exterior
Lot Features Cleared Creek Front Crops Flood Fringe Area Level
Inclusions Land
Lot Size Area 27.68
Foundation Details None
Number of Buildings 0
Building Area Total 0
Road Surface Type Paved
Other Parking Offering land only. There are no improvements.
Road Frontage Type 4 Lane Highway County Road Interstate 1 mile or Less State Road
Road Responsibility Publicly Maintained Road
Road Frontage 1300
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Keller Williams Mtn Partners, Llc

Broker

Affordability Calculator

$54,563
Per Month
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0%
Monthly Principal & Interest
$54,563
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$7,900,000 Listed Price

Map


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000 Upward Road E, Flat Rock, NC, 28731 is a Commercial Property for sale at $7,900,000 with a lot size of 27.68. 000 Upward Road E was built in 2027. The property's zip code is 28731 which is in Flat Rock, NC