0000 New Leicester Highway Asheville, NC $ 1,149,000
0000 New Leicester Highway
$ 1,149,000
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0000 New Leicester Highway

Asheville, NC, 28806
$ 1,149,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 7,936

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Commercial Property for sale in Asheville, NC

for $1,149,000 with 1 full bath. This building was built in 1932 on a lot size of 5.39.

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 mixed-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.

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Commercial Active

Price

$ 1,149,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Unimproved Commercial

Lot Size

5.39

Year Built

1932

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

3603681

Features
General
Sewer Septic Installed
Heating Central Oil
Cooling Central Air
Utilities Cable Connected Electricity Connected
Roof Composition
Development Status Completed
Construction Materials Frame
Year Built 1932
Stories Count 1
Property Subtype Unimproved Commercial
Parcel Number 961959191700000
Elevation 2000
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Development Industrial Multi-Family Poultry Residential Subdevelopment
Garage Y/N N
Other Structures Other - See Remarks
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.
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 234788
Number of Units Leased 5
Lease Considered Y/N N
Standard Status Active
Restrictions No Restrictions
Tax Assessed Value 687800
Listing Terms Cash Conventional
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Exterior
Fencing Fenced
Lot Features Corner Lot
Water Source Well
Inclusions Land
Lot Size Area 5.39
Foundation Details Basement
Lot Size Acres 5.39
Road Surface Type Paved
Road Frontage Type 4 Lane Highway Highway State Road
Road Responsibility Publicly Maintained Road
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Interior
Basement (Y/N) Y
Total Baths 1
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Lantern Realty & Development

Broker

Affordability Calculator

$7,936
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,936
Monthly Property Taxes
--
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
6/18/2026$1,149,000 -4.25% Price Down
11/2/2022$1,200,000 Listed Price

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0000 New Leicester Highway, Asheville, NC, 28806 is a Commercial Property for sale at $1,149,000 with a lot size of 5.39. 0000 New Leicester Highway has 1.0 baths and was built in 1932. The property's zip code is 28806 which is in Asheville, NC