223 Odonald Rd - Specialty FOR SALE


Asheville, NC 28806- West Asheville
$1,200,000 USD
704-298-5872
223 Odonald Rd, Asheville, NC for Sale
$1,200,000 USD
Specialty - FOR SALE
1/29
null | Request Cap Rate

223 Odonald Rd
Asheville, NC 28806
West Asheville


HIGHLIGHTS

  • Open Use Zoning
  • Level topography
  • Over 500’ of highway frontage

OVERVIEW

Developer’s Dream: Signalized Corner Acreage on New Leicester Hwy – Asheville, NC Position your next project on one of the most strategic and visible development sites in the Asheville market. This 9.75± acre parcel offers prime frontage on New Leicester Highway (over 500 feet on a 5-lane road) plus additional access along O'Donald Road, all just 4 miles from Patton Avenue and minutes to downtown Asheville. Located at a signalized intersection on the drive-home side of the highway, this level, high-traffic site offers a rare opportunity for commercial, multifamily, or mixed-use development in one of Buncombe County’s fastest-growing corridors. Key Features for Developers: Open Use Zoning (no city restrictions – outside Asheville city limits) Level topography with minimal grading required Over 500’ of highway frontage plus side road access Signalized intersection for controlled ingress/egress 3 private wells in place, plus municipal water available at road 9-pad mobile home park currently on site (1 home conveys) Existing residence ideal for temporary office or rental High visibility with strong traffic counts and residential growth nearby Whether you’re planning a multifamily development, commercial center, storage facility, or a blended-use project, this site checks every box—location, access, infrastructure, zoning flexibility, and growth potential.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$1,163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

0000 New Leicester Hwy, Asheville NC 28806

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

5.07 AC

LAND SF

220,810 SF

ZONING

OU

APN/PARCEL ID

9619-59-1917-00000

ASK ABOUT THIS PROPERTY

Chris PuckettLantern Realty & DevelopmentMore Info
704-298-5872

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Chris PuckettLantern Realty & DevelopmentMore Info
704-298-5872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.