This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
$1,200,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
Property Description
Developer's Dream: Signalized Corner Acreage on New Leicester Hwy - position your next project on one of the most strategic and visible development sites in the Asheville market. This +/-5.39 acre parcel offers prime frontage on New Leicester Highway (over 500 ft on a 5-lane highway) plus additional access along O'Donald Road, all just 4 miles from Patton Avenue and minutes to downtown Asheville. Located at a signalized intersection on the drive-home side of the highway, this very gently sloping, high-traffic site offers a rare opportunity for commercial, multifamily, or mised-use development in one of Buncombe County's fastest-growing corridors. Open use zoning, minimal site prep, over 500' frontage on two roads, 3 private wells with municipal water available. Whether you're planning a multifamily development, commercial center, storage facility, or a blended-use project, this site checks every box - location, access, infrastructure, zoning flexibility, and growth potential. Property details also available at MLS #3603724.
Full Property Details
Full Property Details for 0000 New Leicester Hwy
General
- Price: $1,200,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 3603681
- Updated: 10/26/2025
- Added to Site: 2, 092 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
Location
- County: Buncombe
- Cross Streets: New Leicester Hwy
- Driving Directions: From Downtown Asheville, take Patton Avenue to right onto New Leicester Hwy, 4 miles to property on right. Frontage on both New Leicester Hwy and O"Donald Road; access from driveway on O'Donald Road.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Oil
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Construction Status: Completed
- Exterior Const.: Frame
- Basement: Yes
- Roof: Composition
- Ceiling Height: 8
- Minimum Avail: 1,032 Sq. Ft.
- Year Built: 1932
Lot Features
- Lot Size (Acres): 5.39
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Lot Features: Corner Lot
- Fencing (Description): Fenced
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Restrictions
- Inclusions: Land
- Property ID: 961959191700000
- Lot Number: 2729/230-232
Listed by Lantern Realty & Development
Get Pre-Approved Today
Schools
Schools serving 0000 New Leicester Hwy
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 0.7 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.6 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 2.7 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 2.1 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 2.8 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 2.8 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 2.9 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0000 New Leicester Hwy
Date
Details
Price
Change
Source
4/28/2020
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0000 New Leicester Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$362
7%
$51,900
—
2024
$339
3%
$51,900
—
2023
$329
53%
$51,900
—
2022
$215
-33%
$51,900
—
2021
$323
12%
$51,900
20%
2020
$289
—
$43,200
—
2019
$289
1%
$43,200
—
2018
$285
—
$43,200
—
2017
$285
-9%
$43,200
—
2015
$313
3%
$43,200
—
2014
$304
—
$43,200
—
2013
$304
—
$43,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0000 New Leicester Hwy
0000 New Leicester Highway, Asheville, NC 28806 (MLS# 3603681) is a Commercial property. 0000 New Leicester Highway is currently listed for $1,200,000 and was received on April 28, 2020. Want to learn more about 0000 New Leicester Highway? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

