701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
701 Old Fanning Bridge Rd - 701 Old Fanning Bridge Road, Fletcher
Location in Region - 701 Old Fanning Bridge Road, Fletcher
27 photos

$7,800,000

701 Old Fanning Bridge Road
Fletcher, NC 28732
Listed by Andrew Riddle · Whitney Commercial Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2020

About this home

Exceptional opportunity to acquire a premier 23,540 SF commercial destination property situated on 16.67 acres in the heart of the Asheville–Hendersonville growth corridor. Constructed in 2020, the property features modern improvements, abundant parking, and expansive outdoor space, offering flexibility for recreational, hospitality, event, institutional, or adaptive commercial uses. Ideally located minutes from Interstate 26 and Asheville Regional Airport, this one-of-a-kind asset combines exceptional accessibility, quality construction, and significant long-term redevelopment potential in one of Western North Carolina's fastest-growing markets. Premier 23,540 SF Destination Facility on 16.67 Acres – Purpose-built in 2020, this exceptional property features a modern two-story facility situated on over 16 acres with significant room for outdoor recreation, expansion, and complementary uses. Strategic Location in One of Western North Carolina's Fastest-Growing Corridors – Positioned minutes from Interstate 26, Asheville Regional Airport, Asheville, and Hendersonville, the property benefits from excellent regional accessibility and strong demographic growth. High-Quality Improvements with Outstanding Functional Design – Constructed in 2020 and rated in excellent condition, the facility offers approximately 23,540 square feet with a remaining economic life of 36 years, making it well-suited for owner-users, recreational operators, institutional users, or adaptive commercial redevelopment. Located Within a Thriving Commercial & Industrial Growth Market – The surrounding Fletcher submarket continues to experience strong industrial, commercial, and residential growth, supported by major employers, expanding population, increasing household incomes, and proximity to regional employment centers. Institutional-Quality Asset with Significant Value – CBRE concluded an "As Is" market value of $7.8 million, reflecting the property's unique improvements, strategic location, and long-term investment potential.

Property details

MLS
Canopy MLS
MLS #
CAR4413856
Property type
Special Purpose
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 1, 2026
Stories
N/A
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.

Elementary
Glenn C Marlow Elementary
1.41 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
5.05 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
10.95 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).

21
Car-dependent
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
20 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools3
Transit stops0
Pharmacies0

Market position

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

On the market 0 days -- 103 fewer days than Fletcher's current average of 103 days.
For reference, the median list price across 188 active listings in Fletcher right now is $425,000.

Mortgage calculator

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Est. monthly payment
$47,123/mo
$1,560,000 down
$6,240,000 loan
Principal & interest$40,473
Property tax (est.)$6,500
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 1, 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.