0000 New Leicester Hwy
Land | 5.39 acres
Marketing description
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 5.39± 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.
Investment highlights
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
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.
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