$7,900,000

About this home

Exceptional large-scale development opportunity in one of Henderson County’s most strategic and rapidly expanding commercial corridors. This ±27.68 acre tract is ideally positioned at the Upward Road interchange along I-26, offering outstanding visibility, accessibility, and connectivity within the highly desirable South Asheville / Hendersonville growth corridor. With approximately 1,300 feet of frontage along Upward Road and additional frontage on Commercial Boulevard within the established Appleland Business Park, the property benefits from excellent access, strong traffic exposure, and multiple points of ingress and egress. Its location at a signalized interchange provides direct connectivity to I-26, allowing for efficient regional access to Asheville, Hendersonville, and Upstate South Carolina—making it highly attractive for a wide range of commercial and industrial users. The land is predominantly level and has been previously utilized for agriculture, creating a highly efficient and cost-effective development site with minimal grading requirements. This combination of scale and usability is increasingly rare in today’s market, particularly in a corridor experiencing strong population growth, expanding infrastructure, and increasing demand for commercial and industrial space. Zoned RC (Regional Commercial), the property offers exceptional flexibility, allowing for a broad range of uses including industrial flex development, light manufacturing, distribution, multi-family residential, retail centers, office campuses, hospitality, and mixed-use projects. This versatility enables developers and investors to adapt to market conditions and pursue multiple development strategies within a single site. A significant advantage of this property is the availability of key infrastructure, including public water and sewer, natural gas, and three-phase power, providing the critical utilities necessary to support modern commercial, industrial, and residential development. These utility capabilities substantially reduce development timelines and costs while enhancing the site’s appeal for both institutional investors and owner-users. Surrounded by a growing mix of commercial, industrial, and residential development, the property benefits from strong demographics, increasing traffic counts, and proximity to major employment centers and regional amenities, including Asheville Regional Airport. Its positioning within Appleland Business Park provides an established commercial environment with nearby complementary uses, while still offering the scale and flexibility needed for larger, more impactful development. Additionally, the combination of interstate access, multiple road frontages, and a highly visible location creates opportunities for phased development, multi-tenant projects, or a single large-scale user. Whether envisioned as a multi-building industrial flex park, a residential multi-family community, a mixed-use development, or a commercial retail center, this property offers the foundational elements necessary for a successful project: location, infrastructure, visibility, and flexibility. In a market where large, well-located tracts with full utility access and interstate proximity are increasingly scarce, this offering represents a rare opportunity to secure a premier development site capable of supporting a wide range of high-demand uses.

Property details

MLS #

CAR4350679

Property type

Retail Center

Subdivision

N/A

Status

Active

Days on market

1

On market date

N/A

Stories

N/A

Garage spaces

N/A

Lot size

N/A

Nearby schools

Within 10 miles · public school directory data (NCES)