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Commercial Development Land with Interstate Access
For Sale
$7,900,000

Upward Road E, Flat Rock, NC 28731

SINGLE_FAMILY - Flat Rock, NC

Lot Size27.68 Acres
Days on Market123

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
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: Jul 30 Last Checked: Jul 31 at 3:06AM
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 development land offering features predominantly level topography and a site history of agricultural use, supporting efficient development with minimal grading requirements. The property includes approximately 1,300 feet of frontage along Upward Road and additional frontage on Commercial Boulevard within Appleland Business Park, with multiple points of ingress and egress.

Located at the Upward Road interchange along I-26 in Flat Rock, the tract provides direct connectivity to Asheville, Hendersonville, and Upstate South Carolina. It is also described as signalized interchange frontage, intended to support strong visibility and accessibility for a wide range of projects.

Zoned RC (Regional Commercial), the property is presented as flexible for a broad mix of development strategies, including industrial flex development, light manufacturing, distribution, multi-family residential, retail centers, office campuses, hospitality, and mixed-use projects. Infrastructure availability is highlighted with public water and sewer, natural gas, and three-phase power, intended to support modern development timelines and site readiness.

Key Highlights

  • +/-27.68‑acre commercial development tract in Appleland Business Park with 1,300 ft of frontage on Upward Road and additional frontage on Commercial Boulevard
  • Signalized interchange at Upward Road provides direct connectivity to I‑26 for regional access to Asheville, Hendersonville, and Upstate South Carolina
  • Zoned RC (Regional Commercial), allowing a broad range of uses such as industrial flex, light manufacturing, distribution, multi‑family, retail, office, hospitality, and mixed‑use

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

239
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 27.68-acre RC-zoned tract with level terrain, extensive Upward Road frontage, and multiple utilities for flexible commercial development.
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 development tract in Appleland Business Park with 1,300 ft of frontage on Upward Road and additional frontage on Commercial Boulevard; Signalized interchange at Upward Road provides direct connectivity to I‑26 for regional access to Asheville, Hendersonville, and Upstate South Carolina; Zoned RC (Regional Commercial), allowing a broad range of uses such as industrial flex, light manufacturing, distribution, multi‑family, retail, office, hospitality, and mixed‑use
More about this property
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