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0000 New Leicester Highway

Asheville, NC 28806
$1,200,000
Community: None
3 Bed
1 Baths
0 Half Baths
1,032 SqFt
5.39 Acres

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.

Greg Palombi
Broker | REALTOR®

Interested in making this property yours? I’d love to help you take the next step.

Presented by: Micheal Farlow
Listed by: Lantern Realty & Development

MLS: 3603724
Listing status: Active
Days on market: 1833

Based on information submitted to the MLS GRID as of 2026-02-05 at 1:45PM. 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.

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Interior Features:
Breakfast Bar,Built-in Features,Open Floorplan
Foundation:
Basement,Other - See Remarks
Garage:
Detached Garage
Heating:
Electric,Forced Air,Heat Pump
Cooling:
Ceiling Fan(s),Heat Pump
Water:
Well
Sewer:
Septic Installed
Year Built:
1932