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Graded Commercial Land Site
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1480 Tunnel Road, Asheville, NC 28805

Graded, level 0.72-acre parcel zoned Highway Business with utilities available for ground lease or build-to-suit development.

Lot Size0.72 Acres
Days on Market835

Property Features for 1480 Tunnel Road

General Information

Standard status Active
Lot size 0.72 Acres
Property subtype LAND
Listing Agency: Whitney Commercial
Listed By: Jason Burk, CCIM
Source: Moodyscre
Added: Apr 17, 2024 Changed: Jul 29 Last Checked: Jul 30 at 9:30AM

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 Whitney Commercial

Investment Insights

Based on property information with market context.

This graded, level commercial land site offers 0.72 acres of development-ready space for a ground lease or build-to-suit arrangement. The property is served by electricity, gas, and water and is described as well-located for visibility along Tunnel Road.

Zoned Highway Business, the site is positioned for a wide range of development options, including drive-thru food service, retail, offices, restaurants, or combinations of uses. It is located on US-70 and is noted as close to I-40 at exit 55, with frontage visibility supported by reported traffic counts of 18,000 CPD. The surrounding area is described as a thriving commercial and hotel area, and nearby businesses referenced include Zaxby’s, Bojangles, and Arby’s.

The parcel is also described as close to outdoor recreation, with Blue Ridge Parkway (NPS) noted as less than 1 mile away.

Key Highlights

  • 0.72‑acre graded, level site ready for construction
  • Highway Business zoning allows drive‑thru food service, retail, offices, restaurants, or combinations
  • Available for ground lease or build‑to‑suit development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Spa & Massage Center 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.

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 28805, NC

18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Graded, level 0.72-acre parcel zoned Highway Business with utilities available for ground lease or build-to-suit development.
Where is this commercial land located?
The property is located at 1480 Tunnel Road Asheville, NC.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 0.72‑acre graded, level site ready for construction; Highway Business zoning allows drive‑thru food service, retail, offices, restaurants, or combinations; Available for ground lease or build‑to‑suit development
(828) 674-2120 Call to check price and availability
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