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 #3603681.
Property Type(s):
Single Family
|
Tract
|
None
|
Year Built
|
1932
|
|
Community
|
None
|
Garage Spaces
|
1.0
|
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
West Buncombe/Eblen |
| Jr. High School |
Clyde A Erwin |
| High School |
Clyde A Erwin |
Additional Details
| AIR |
Ceiling Fan(s), Heat Pump |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Cooktop |
| BASEMENT |
Exterior Entry, Interior Entry, Yes |
| GARAGE |
Yes |
| HEAT |
Electric, Forced Air, Heat Pump |
| INTERIOR |
Breakfast Bar, Built-in Features, Open Floorplan |
| LOT |
5.39 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Level, Paved |
| MLS STATUS |
Active |
| SEWER |
Septic Tank |
| STORIES |
1 |
| SUBDIVISION |
None |
| UTILITIES |
Cable Available |
| WATER |
Well |
| WATERFRONT DESCRIPTION |
Creek |
Location
Listed with Lantern Realty & Development
Date last updated: 1/11/26 4:57 PM PST
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