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.
| MLS # | 3603681 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1932 |
| Days On Site | 2351 |
| Listing Provided By | Lantern Realty & Development | Micheal Farlow |
| Bath(s) | 1 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Zoning | OPEN USE |
| Acreage | 5.39 |
| Cooling | Central Air |
|---|---|
| Heating | Central, Oil |
| Roof | Composition |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Basement |
| Lot Features | Corner Lot |
| Garage Yes / No | No |
|---|
| Utilities | Cable Connected, Electricity Connected |
|---|
| List Aor | Canopy MLS |
|---|
| Property | 687800 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28806 |
| Area | Buncombe |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28806 |
| Area | Buncombe |