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$7,800,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 701 Old Fanning Bridge Rd
General
- Price: $7,800,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4413856
- Updated: 9/1/2026
- Added to Site: 1 day(s) ago
Location
- County: Henderson
- Driving Directions: Strategically located in Fletcher, North Carolina, between Asheville and Hendersonville, the property offers exceptional accessibility within one of Western North Carolina's fastest-growing commercial corridors. Situated just minutes from Interstate 26, Asheville Regional Airport, and major employment centers, the location provides convenient access to regional transportation networks while benefiting from strong population growth, expanding residential communities, and continued commercial investment. Surrounded by nationally recognized employers, retail destinations, and industrial developments, the property is ideally positioned to serve local, regional, and destination users throughout the Southeast.
Structural Information
- Construction: Site Built
- Minimum Avail: 23,540 Sq. Ft.
- Year Built: 2020
Lot Features
- Street/Road Desc.: Paved
Disclosures and Reports
- Inclusions: Building, Land
- Property ID: 701386
- Lot Number: 1496-517
Listed by Whitney Commercial Real Estate
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Schools
Schools serving 701 Old Fanning Bridge Rd
School District:Henderson County Schools
| Name | Grades | Distance |
|---|---|---|
Glenn C Marlow Elementary 1985 Butler Bridge Road, Mills River, NC 28759 | K-5 | 1.4 mi |
Hendersonville Elementary 1039 Randall Circle, Hendersonville, NC 28791 | K-5 | 8.2 mi |
Rugby Middle 3345 Haywood Road, Hendersonville, NC 28791 | 6-8 | 5.1 mi |
West Henderson High 3600 Haywood Road, Hendersonville, NC 28791 | 9-12 | 4.6 mi |
Henderson Co Early College High 300 East Campus Drive, Flat Rock, NC 28731 | 9-12 | 10.9 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 701 Old Fanning Bridge Rd
Date
Details
Price
Change
Source
9/01/2026
Listed
$7,800,000
—
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 701 Old Fanning Bridge Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,174
-13%
$5,608,900
—
2024
$27,881
11%
$5,608,900
-6%
2022
$25,133
100%
$5,973,400
109%
2020
100%
$2,855,300
—
2019
-100%
$2,855,300
599%
2019
$4,691
608%
$408,300
58%
2018
$663
—
$259,000
—
2016
$663
-50%
$259,000
—
2015
$1,330
10%
$259,000
10%
2013
$1,212
—
$235,900
—
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 701 Old Fanning Bridge Rd
701 Old Fanning Bridge Road, Fletcher, NC 28732 (MLS# 4413856) is a Commercial property. 701 Old Fanning Bridge Road is currently listed for $7,800,000 and was received on September 01, 2026. Want to learn more about 701 Old Fanning Bridge Road? Do you have questions about finding other Commercial real estate for sale in Fletcher? You can browse all Fletcher real estate or contact a Coldwell Banker agent to request more information.

