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$1,360,000

Asheville, NC 28803
Listed by Greg Palombi · Dewey Property Advisors
Bedrooms
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Year built
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About this home

Recent bank appraisal that supports asking price is available upon request. Great location for a new warehouse or flex building. Located in Buncombe County and not Asheville, so no Asheville restrictions on Hotel construction applies. Construction ready site with paved and striped parking in place for a hotel, office building, medical, gas station or convenience store. Over 30,000 cars on US 74A and right at the interchange with I-40. Right next to the Tunnel Road commercial core on one side and the Blue Ridge Parkway on the other. Previously approved for 30K office building or 68K sf of hotel through Buncombe County Planning and Zoning. Improvements include: parking, retaining walls, graded building site, underground fiber optic, sprinkler system, water supply, sewer and all utilities to site

Property details

MLS #
CAR4340387
Property type
Acreage
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
January 24, 2026
Stories
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Garage spaces
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Lot size
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Oakley Elementary
0.95 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
447
Student:teacher ratio
13.5:1
District
Buncombe County Schools
Middle
Reynolds Middle
1.5 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
523
Student:teacher ratio
14.5:1
District
Buncombe County Schools
High
Early College
3.42 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
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Mortgage calculator

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Est. monthly payment
$8,340/mo
$272,000 down
$1,088,000 loan
Principal & interest$7,057
Property tax (est.)$1,133
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated January 24, 2026.

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.