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Flex Space with Warehouse and Office
For Lease
$11.50 SF/Yr

5 Woodland Drive, Asheville, NC 28806

Commercial Lease, Asheville, NC

Space Size1,000 SF
Property Size10,000 SF
Lot Size0.60 Acres
Days on Market190

Property Features for 5 Woodland Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning HB
Zoning description Highway Business
Parking features Parking Lot, Driveway
Directions From West Asheville/Haywood Road: Travel west on Patton Ave/Smokey Park Hwy/US-19 for ~1mi. Turn right onto Old Haywood Road and travel ~0.2mi. Sharp right turn onto Woodland Drive. Location is second driveway on right. From I-40: Use Exit 44. Travel east on Smokey Park Hwy/US-19 for ~0.1mi. Turn left onto Old Haywood Road. Travel ~1.2mi and veer left onto Woodland Drive. Location is second driveway on the right.
Standard status Active
APN 9628322558
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description A portion of the Metes & Bounds (see attached aerials photos with lot lines)
Legal Description A portion of the Metes & Bounds (see attached aerials photos with lot lines)

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Radiant, Ductless (Heating)
Cooling system Ductless
Water source Public

Building Details

Year built 1974
Floors in Building 1
Flooring type Concrete, Laminate
Building materials Aluminum
Roof type Aluminum
Listing Agency: Keller Williams Professionals · Keller Williams Realty
Listed By: Scott Mirkin · License #324454
Added: Mar 11 Changed: Sep 14 Last Checked: Sep 16 at 1:06AM
MLS# 4356166

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This flex property combines Approx. 9,000 SF of warehouse area with Approx. 1,000 SF of office space on part of a larger parcel. The 1974 building has aluminum construction and roofing, concrete and laminate flooring, ductless heating and cooling, and radiant heat. Public water and sewer serve the property, with driveway and parking-lot areas available on site.

The included area totals Approx. 0.6 AC and provides access to US-19/23 and I-40. The HB zoning designation supports a commercial setting, while specific uses remain subject to landlord approval. The space is offered under a modified-gross lease structure.

Key Highlights

  • Approx. 9,000 SF of warehouse space and Approx. 1,000 SF of office space
  • Approx. 0.6 AC included with the leased property
  • HB zoning designation

Property Analytics

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Current Use

Elite Fitness Products Gym & Fitness Center

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Asheville, NC

$19.58 /SF/Yr
Avg Asking Price
$17.77–$22 /SF/Yr
Price Range
3,790 SF
Avg Space Size

This space is priced 41% below the average of $19.58 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Food Experience 1501 Patton Ave #2, Asheville, NC 28806

Frequently Asked Questions

What type of property is this?
Flex space - HB-zoned commercial space with public utilities, parking, and access to major regional routes.
Where is this flex space located?
The property is located at 5 Woodland Drive Asheville, NC.
What is the lease rate?
The lease rate is $11.50 SF/Yr.
What are key features of this property?
This property features: Approx. 9,000 SF of warehouse space and Approx. 1,000 SF of office space; Approx. 0.6 AC included with the leased property; HB zoning designation
More about this property
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