0000 New Leicester Highway

0000 New Leicester Highway

Asheville, NC 28806
$1,200,000

  • Bedrooms:
  • Bathrooms:
  • Lot Size: 5.39 Acres
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 Summary
Property Type: Residential Income Property Subtype : Other
Year Built : 1932 Construction Type : Manufactured
Lot Size : 5.39 Acres Living Area : 1,032 sqft
Property Features
  • Corner Lot
  • Creek Front
  • Level
  • Creek/Stream
  • Garage
  • Fireplace
  • Covered Patio
  • Rear Porch
  • Screened Patio
Appliances
  • Electric Water Heater
More Information
  • Construction : Hardboard Siding
  • Roof : Fiberglass
  • Parking : Driveway, Detached Garage
  • Heating : Heat Pump
  • Cooling : Ceiling Fan(s), Central Air, Heat Pump
  • Water Source : Well
  • Road : Publicly Maintained Road
  • Listing Terms : Cash, Conventional

Based on information submitted to the MLS GRID as of 09-17-2025 08:26:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
Lantern Realty & Development
Micheal Farlow
828-231-5466
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