Description
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.
Address
Open on Google Maps-
Address: 0000 New Leicester Highway
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City: Asheville
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State/county: NC
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Zip/Postal Code: 28806
Details
Updated on October 30, 2025 at 6:52 pm-
Property ID 3603681
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Price $1,200,000
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Land Area 5.39 m²
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Bathroom 1
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Garage Size x x
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Year Built 1932
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Property Type Unimproved Commercial, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional
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Roof Composition
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Utilities Cable Connected,Electricity Connected
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Sewer Septic Installed
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Cooling Central Air
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Heating Central,Oil
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County Buncombe
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Property Type Commercial Sale
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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