Unimproved Commercial at Asheville
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26 photos

$2,600,000

Asheville, NC 28801
Listed by Mark Morris · NAI Beverly-Hanks
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1974

About this home

Outstanding redevelopment opportunity ~ 2.254 acs located in the heart of Asheville’s medical district adjacent the Mission Hospital campus! Great location for high density apartments, assisted living or medical center development! INST zoning accommodates 60 units ac under an affordable concept with no height standards excepting portions of the site located outside the “transition area” (ask agent re: potential land swaps). Buildings on site are deemed to have no contributory value. Do not enter buildings (demo estimate is available upon request). Ask agent re: interior condition; do not go inside the building. This offering is "as is- where is". Agent must accompany.

Property details

MLS #
CAR4397986
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
2
On market date
June 24, 2026
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Flowery Branch Elementary School
3.55 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
654
Student:teacher ratio
16.8:1
District
Hall County
Middle
West Hall Middle School
3.03 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
865
Student:teacher ratio
13.7:1
District
Hall County
High
East Forsyth High School
2.98 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,069
Student:teacher ratio
14.8:1
District
Forsyth County

Walkability

Blended score for Asheville'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).

21
Car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 2 days -- 124 fewer days than Asheville's current average of 126 days.
For reference, the median list price across 1,255 active listings in Asheville right now is $500,000.

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
$15,808/mo
$520,000 down
$2,080,000 loan
Principal & interest$13,491
Property tax (est.)$2,167
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 26, 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.