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    303 Gashes Creek Rd Asheville, NC 28803

    Sponsored
    For Sale
    $1,360,000

    COMMERCIAL - Asheville, NC

    Lot size:
    1.65 Acres
    Days on Market:
    41
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 303 Gashes Creek Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PS
    APN
    9667-08-5744
    Fencing
    Fenced
    Lot size
    1.65 Acres

    Utilities

    Sewer type
    Public Sewer

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

    Listing agent Greg Palombi (828) 216-4037

    Listing date Nov 26, 2025

    MLS# 3519250 Listing URL

    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 Land Ready for Construction

    This 1.65-acre commercial land is located in Buncombe County, near Asheville, North Carolina, and is suitable for hotel, office building, medical, gas station, or convenience store development. The site benefits from high visibility with over 30,000 cars on US 74A and its location at the interchange with I-40, adjacent to the tunnel road commercial core and the Blue Ridge Parkway. The property is approved for a 30,000 square foot office building or 68,000 square foot hotel through Buncombe County Planning and Zoning. Existing improvements include paved and striped parking, retaining walls, a graded building site, underground fiber optic infrastructure, a sprinkler system, water supply, sewer, and all utilities to the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.49587
    Latitude
    35.56463

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    FAQs

    What type of property is this?
    Commercial land - Construction-ready commercial land near I-40 and Blue Ridge Parkway.
    Where is this commercial land located?
    The property is located at 303 Gashes Creek Rd Asheville, NC.
    What is the asking price?
    The asking price for this property is $1,360,000.
    What are key features of this property?
    This property features: - Construction-ready site with existing paved parking and utilities, significantly reducing development time and costs.; - High traffic location: Over 30,000 cars daily on US 74A at I-40 interchange, providing excellent visibility and accessibility.; - Approved for substantial development: Permits in place for either a 30,000 sq ft office building or a 68,000 sq ft hotel.
    (828) 216-4037
    Request Owner's contact information
    303 Gashes Creek Rd Asheville, NC 28803
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    Asheville, NC 28803
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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

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    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
    303 Gashes Creek Rd Asheville, NC 28803
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