0 New Leicester Hwy, Asheville, NC 28806
This exceptional 0.6-acre commercial land parcel presents a fantastic investment opportunity in Asheville, North Carolina. Located on New Leicester Highway (9999 New Leicester Hwy), this property boasts over 295 feet of desirable road frontage, offering significant visibility and accessibility. The property's APN is 9629-31-8724-00000, 962931960800000, and is zoned CBII. This versatile lot is ripe for development, with numerous possibilities for businesses seeking a high-traffic location. The property is situated in Buncombe County, Asheville, NC, 28806 (latitude 35.59687031054773, longitude -82.62062380509664). Prospective buyers are responsible for verifying the availability of utilities and confirming zoning regulations align with their intended use. This prime location and attractive asking price of $109,000 make this an exceptional opportunity for investors and developers alike. Don't miss out on this chance to secure a piece of Asheville's thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.