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Highway Business-Zoned Commercial Land
For Sale
$995,000

1260 Hendersonville Road, Asheville, NC 28803

A billboard lease provides an existing income stream, with a 120-day termination option available to the owner after sale.

Property SizeContact for details
Days on Market624

Property Features for 1260 Hendersonville Road

General Information

Standard status Active
Property subtype Lot
Listing Agency: Pulliam Properties, Inc
Listed By: James Wilson · License #185498
Source: Elevateasheville
Added: Feb 17, 2025 Changed: Oct 27 Last Checked: Oct 31 at 3:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pulliam Properties, Inc

Rey
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Investment Insights

Based on property information with market context.

This 0.82-acre commercial parcel is zoned Highway Business in the City of Asheville. A billboard sign on the property is leased under a new 10-year agreement with Lamar; the landlord may end that lease after a sale by providing 120 days’ notice.

Located on Hendersonville Road in Asheville, the site is identified for potential retail, office, or fast-food use.

Key Highlights

  • 0.82‑acre parcel zoned Highway Business in the City of Asheville
  • Billboard sign leased to Lamar under a new 10‑year agreement
  • Landlord may terminate the billboard lease following a sale with 120 days’ notice

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 28803, NC

34,108
Population
18,322
Households
1.9
Avg Household Size
43
Median Age
50%
College-Educated
93%
High-School Grad
38.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,638
Median Household Income
$41,057
Median Earnings
$1,455
Median Rent
$408,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - A billboard lease provides an existing income stream, with a 120-day termination option available to the owner after sale.
Where is this commercial land located?
The property is located at 1260 Hendersonville Road Asheville, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 0.82‑acre parcel zoned Highway Business in the City of Asheville; Billboard sign leased to Lamar under a new 10‑year agreement; Landlord may terminate the billboard lease following a sale with 120 days’ notice
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