INNOVATE Real Estate
Acreage at 196 Underwood Road, Fletcher
Acreage at 196 Underwood Road, Fletcher, photo 2 of 2
2 photos

$8,499,000

196 Underwood Road
Fletcher, NC 28732
Listed by Paul Ellis · Pulliam Properties, Inc
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

NEW IMPROVED PRICE -- DEVELOPMENT SITE. 4 parcels of land now for sale. 1mi from Asheville Regional Airport. Close proximity to Airport Rd and I-26 on/off ramps. Would be a great development site. REID# 700250, 9957711, 9957710, 702633 for a total of 7.71/ac +/-. ZONED COMMERCIAL WITH POSSIBLE USES: Grocery, Big Box Retailers, Restaurants, Medical or Multi-family.

Property details

MLS
Canopy MLS
MLS #
CAR4134625
Property type
Acreage
Subdivision
N/A
Status
Active
Days on market
622
On market date
April 29, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Glenn C Marlow Elementary
2.44 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
572
Student:teacher ratio
15.9:1
District
Henderson County Schools
Middle
Rugby Middle
5.73 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
784
Student:teacher ratio
14.5:1
District
Henderson County Schools
High
Henderson County Early College
11.22 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
204
Student:teacher ratio
34.0:1
District
Henderson County Schools

Walkability

Blended score for Fletcher's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

61
Walkable
out of 100
EPA National Walkability Index
9.5 / 20 -- Below average walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores2
Parks1
Schools9
Transit stops14
Pharmacies4

Market position

How this listing compares to current activity in Fletcher, from live MLS data.

On the market 622 days -- 519 more days than Fletcher's current average of 103 days.
For reference, the median list price across 187 active listings in Fletcher right now is $425,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$51,332/mo
$1,699,800 down
$6,799,200 loan
Principal & interest$44,099
Property tax (est.)$7,083
Home insurance (est.)$150

Similar homes you might like

000 Blue Creek School Road, Jacksonville, NC 28540
$7,500,000
000 Blue Creek School Road, Jacksonville, NC 28540
Jacksonville, 28540
2 days on market
Listed by Brock B Goss, Coldwell Banker Sea Coast Advantage - Jacksonville
2207 Hamlin Road, Durham, NC 27704
$6,800,000
2207 Hamlin Road, Durham, NC 27704
Durham, 27704
235 days on market
Listed by William Yeager, Pickett-Sprouse Commercial RE
185 McKinney Road
$6,900,000
185 McKinney Road
Etowah, 28729
6 days on market
Listed by Jay Lurie, Dewey Property Advisors
6420 Quail Run Road, Wilmington, NC 28409
$7,995,000
6420 Quail Run Road, Wilmington, NC 28409
Wilmington, 28409
26 days on market
Waterfront
Listed by Team HH&W, Hardee Hunt & Williams
4300 glenwood Drive
$7,600,000
4300 glenwood Drive
Charlotte, 28208
2 days on market
Listed by Rhonda Axhoj, Axhoj Realty
3420 Jacobs Crossing Boulevard SW
New
$6,800,000
3420 Jacobs Crossing Boulevard SW
Concord, 28027
0 days on market
Listed by David Hoffman, David Hoffman Realty Charlotte
5701 Us-220, Stokesdale, NC 27357
$8,700,000
5701 Us-220, Stokesdale, NC 27357
Stokesdale, 27357
53 days on market
Listed by Larry Story, Howard Hanna Allen Tate Greensboro
5701 N US HWY 220 Highway
$8,700,000
5701 N US HWY 220 Highway
Stokesdale, 27358
7 days on market
Listed by Larry Story, Howard Hanna Allen Tate Charlotte South

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 18 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.