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Commercial Land at Interstate Interchange
For Sale
Under Contract
$7,900,000

Upward Road E, Flat Rock, NC 28731

Commercial Sale, Flat Rock, NC

Property SizeContact for details
Lot Size27.68 Acres
Days on Market158

Property Features for Upward Road E

General Information

Property type Residential
Property subtype Retail
Zoning RC
Zoning description RC
Lot features Cleared, Creek Front, Crops, Flood Fringe Area, Level
Directions I-26 to Upward Rd exit East to property on left.
Standard status Active Under Contract
APN 1011378
Lot size 27.68 Acres

Taxes and HOA fees

Tax Description SR1722 ON UPWARD RD
Legal Description SR1722 ON UPWARD RD

Building Details

Year built 2027
Listing Agency: Keller Williams Mtn Partners, LLC · Keller Williams Realty
Listed By: David Lee · License #212568
Added: Mar 31 Changed: Aug 19 Last Checked: Sep 4 at 7:06AM
MLS# 4350679

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 27.68-acre commercial land tract is predominantly level and was previously used for agriculture. The property carries RC (Regional Commercial) zoning and includes approximately 1,300 feet of frontage along Upward Road, with additional frontage on Commercial Boulevard in Appleland Business Park. Multiple ingress and egress points support site access, while the signalized interchange provides direct connectivity to I-26.

Available infrastructure includes public water and sewer, natural gas, and three-phase power. The site is positioned within a corridor containing commercial, industrial, and residential development, with regional access to Asheville, Hendersonville, Upstate South Carolina, and Asheville Regional Airport. Supported development concepts identified for the property include industrial flex, light manufacturing, distribution, multifamily residential, retail, office, hospitality, and mixed-use projects.

Key Highlights

  • 27.68‑acre commercial land tract
  • RC (Regional Commercial) zoning
  • Approximately 1,300 feet of frontage on Upward Road

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 28731, NC

8,806
Population
4,417
Households
2
Avg Household Size
53
Median Age
37%
College-Educated
91%
High-School Grad
33.1 sq mi
ZIP Area
266
Density / Sq Mi
$65,882
Median Household Income
$35,957
Median Earnings
$947
Median Rent
$361,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Level, utility-served acreage with access from Upward Road and Commercial Boulevard.
Where is this commercial land located?
The property is located at Upward Road E Flat Rock, NC.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 27.68‑acre commercial land tract; RC (Regional Commercial) zoning; Approximately 1,300 feet of frontage on Upward Road
More about this property
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