Date
Details
Price
Change
Source
3/23/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
$750,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
Prime retail available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area's busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville's primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor with flexible sale or ground lease options.
Full Property Details
Full Property Details for 1297 Tunnel Rd
General
- Price: $750,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4360564
- Updated: 3/23/2026
- Added to Site: 3 day(s) ago
Location
- County: Buncombe
- Driving Directions: Located at 1297 Tunnel Road in East Asheville, this commercial land opportunity sits along one of the city’s most active retail and commuter corridors. Tunnel Road (US-70) is a major four-lane arterial just minutes from downtown Asheville and offers quick access to I-240 and I-40, connecting the site to the broader Asheville market and surrounding mountain communities. The property is positioned within a dense commercial district surrounded by national retailers, restaurants, shopping centers, and high-density residential neighborhoods, and is near prominent destinations such as the Asheville Mall.
- City Limits: Yes
Structural Information
- Construction: Site Built
- Minimum Avail: 3,404 Sq. Ft.
- Year Built: 1985
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: HB
Disclosures and Reports
- Special Conditions: Undisclosed
- Restrictions: Other - See Remarks
- Inclusions: Building
- Property ID: 9668850518
- Lot Number: 1696/0723
Listed by Dewey Property Advisors
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1297 Tunnel Rd —
Dewey Property Advisors
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1297 Tunnel Rd
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Charles C Bell Elementary 90 Maple Springs Road, Asheville, NC 28805 | PK-5 | 1.2 mi |
A C Reynolds High One Rocket Drive, Asheville, NC 28803 | 9-12 | 2.6 mi |
A C Reynolds Middle 2 Rocket Drive, Asheville, NC 28803 | 6-8 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1297 Tunnel Rd
Tax History
Tax History for 1297 Tunnel Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,722
13%
$680,000
3%
2023
$5,944
1%
$659,700
—
2022
$5,878
—
$659,700
—
2021
$5,878
9%
$659,700
17%
2020
$5,415
—
$565,300
—
2019
$5,415
—
$565,300
—
2018
$5,415
-1%
$565,300
—
2017
$5,472
-8%
$565,300
2%
2015
$5,974
1%
$553,700
—
2014
$5,891
—
$553,700
—
2013
$5,891
—
$553,700
—
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 1297 Tunnel Rd
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1297 Tunnel Road, Asheville, NC 28805 (MLS# 4360564) is a Commercial property. 1297 Tunnel Road is currently listed for $750,000 and was received on March 23, 2026. Want to learn more about 1297 Tunnel Road? 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.