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    220 New Leicester Hwy Asheville, NC 28806

    New
    Under Contract
    For Sale
    $480,000

    SINGLE_FAMILY - Asheville, NC

    Type:Office
    Lot size:
    0.68 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 220 New Leicester Hwy

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active Under Contract
    Zoning
    HB
    Rooms
    Basement
    APN
    9629-50-6014-00000
    Basement
    Walk-Out Access
    Lot size
    0.68 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1959

    Scott Carter (828) 255-4663 [email protected]

    Listing agent Jay Lurie (828) 216-8462

    Listing date Nov 30, 2025

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Opportunity in Asheville, NC

    This commercial property is situated on 0.681 acres and features a three-level building in cold, dark shell condition, providing a customizable space for various business ventures. The property is zoned Highway Business (HB), allowing for a wide range of uses including retail, office, restaurant, and service-oriented businesses. It benefits from frontage along New Leicester Hwy and additional access from Old County Home Rd at the rear. The location offers high visibility and strong traffic counts, making it suitable for redevelopment or an owner-user build-out.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Envirotec LLC Solar Energy Equipment Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Madden's Ace Hardware 5

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.614662
    Latitude
    35.592239

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    FAQs

    What type of property is this?
    Office Property / Space - Highway Business zoned property suitable for retail, office, or restaurant.
    Where is this office property / space located?
    The property is located at 220 New Leicester Hwy Asheville, NC.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Highway Business zoning allows for a wide range of uses (retail, office, restaurant, service).; - Excellent frontage on New Leicester Hwy and additional access from Old County Home Rd.; - High-visibility location with strong traffic counts.
    (828) 216-8462
    Request Owner's contact information
    220 New Leicester Hwy Asheville, NC 28806
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    Asheville, NC 28806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220 New Leicester Hwy Asheville, NC 28806
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