Asheville · Asheville, NC
0000 New Leicester Highway
Asheville, NC · 1,032 sqft
$1,200,000
- 3Beds
- 1Baths
- 1,032SqFt
- 1932Year
- 2038Days on market
About this home
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 details
- Beds
- 3
- Baths
- 1
- SqFt
- 1,032
- Lot
- —
- Year built
- 1932
- Type
- Single Family
- Days on market
- 2038
- Garage
- 1
- Heating
- Electric, Forced Air, Heat Pump
- Cooling
- Ceiling Fan(s), Heat Pump
- Foundation
- Basement, Other - See Remarks
Features
- Breakfast Bar
- Built-in Features
- Open Floorplan
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$8,831/ month
- Principal & interest
- $7,431
- Property tax (~1.05%)
- $1,050
- Homeowners insurance
- $350
- HOA dues
- —
Down payment
$60,000 down · $1,140,000 financed
Income to qualify (28% rule)
~$378,512 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.