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    167 Smokey Park Hwy Asheville, NC 28806

    Sponsored
    For Lease
    Contact for pricing

    High-traffic location, build-to-suit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.66-acre commercial land parcel is ideally situated at 167 Smokey Park Highway in Asheville, Buncombe County, North Carolina (zip code 28806). Zoned HB, this single-tenant property presents a unique opportunity for developers and businesses seeking a prime location with high visibility. The lot offers significant potential for a build-to-suit development, catering to a variety of commercial uses. Given its size and location, this property is well-suited for retail pad development, offering excellent exposure to a substantial daily traffic volume. The property is available for ground lease, with price and terms negotiable. All offers are encouraged. This is a rare chance to acquire a strategically positioned commercial lot in a thriving Asheville market. The property's location provides easy access to major roadways and a diverse customer base. Serious inquiries are welcome. Act quickly to secure this exceptional investment opportunity. Latitude and longitude coordinates are 35.5636172, -82.6298371 respectively.

    Property Features for 167 Smokey Park Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • High‑traffic, high‑visibility outparcel.
    • Less than half a mile to I‑40 exit ramp.
    • Prime US‑74 frontage, connecting I‑40 and downtown Asheville.
    • 19,000 vehicles per day (VPD) pass the site; 83,500 VPD on I‑40 at the nearby exit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Healthy Harvest Produce Produce Market UNITED REFRESHMENT SOLUTIONS Vending Machine Supplier The Extended Garden Florist Florist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.6298371
    Latitude
    35.5636172

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, build-to-suit potential.
    Where is this individual retail property located?
    The property is located at 167 Smokey Park Hwy Asheville, NC.
    What are key features of this property?
    This property features: High-traffic, high-visibility outparcel.; Less than half a mile to I-40 exit ramp.; Prime US-74 frontage, connecting I-40 and downtown Asheville.
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    167 Smokey Park Hwy Asheville, NC 28806
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