www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31392787
31392793

000 Upward Rd, Flat Rock, NC 28731 For Sale

DL
NC 212568
Keller Williams Realty Mountain Partners
Listed by Keller Williams Realty Mountain Partners
$7,900,000
104 days on market
Updated 104 days ago

Easler Upward Road @ I-26

Details
Property Type Land
Sub Type Commercial, Industrial (+1)
Broker Co-Op Yes
Acreage 26.970
Zoning C-3
Ownership Of Record

Land | 26.97 acres

Marketing description

Exceptional large-scale development opportunity in one of Henderson County’s most strategic and rapidly expanding commercial corridors. This ±27.68 acre tract is ideally positioned at the Upward Road interchange along I-26, offering outstanding visibility, accessibility, and connectivity within the highly desirable South Asheville / Hendersonville growth corridor. With approximately 1,300 feet of frontage along Upward Road and additional frontage on Commercial Boulevard within the established Appleland Business Park, the property benefits from excellent access, strong traffic exposure, and multiple points of ingress and egress. Its location at a signalized interchange provides direct connectivity to I-26, allowing for efficient regional access to Asheville, Hendersonville, and Upstate South Carolina—making it highly attractive for a wide range of commercial and industrial users. The land is predominantly level and has been previously utilized for agriculture, creating a highly efficient and cost-effective development site with minimal grading requirements. This combination of scale and usability is increasingly rare in today’s market, particularly in a corridor experiencing strong population growth, expanding infrastructure, and increasing demand for commercial and industrial space. Zoned RC (Regional Commercial), the property offers exceptional flexibility, allowing for a broad range of uses including industrial flex development, light manufacturing, distribution, multi-family residential, retail centers, office campuses, hospitality, and mixed-use projects. This versatility enables developers and investors to adapt to market conditions and pursue multiple development strategies within a single site. A significant advantage of this property is the availability of key infrastructure, including public water and sewer, natural gas, and three-phase power, providing the critical utilities necessary to support modern commercial, industrial, and residential development. These utility capabilities substantially reduce development timelines and costs while enhancing the site’s appeal for both institutional investors and owner-users. Surrounded by a growing mix of commercial, industrial, and residential development, the property benefits from strong demographics, increasing traffic counts, and proximity to major employment centers and regional amenities, including Asheville Regional Airport. Its positioning within Appleland Business Park provides an established commercial environment with nearby complementary uses, while still offering the scale and flexibility needed for larger, more impactful development. Additionally, the combination of interstate access, multiple road frontages, and a highly visible location creates opportunities for phased development, multi-tenant projects, or a single large-scale user. Whether envisioned as a multi-building industrial flex park, a residential multi-family community, a mixed-use development, or a commercial retail center, this property offers the foundational elements necessary for a successful project: location, infrastructure, visibility, and flexibility. In a market where large, well-located tracts with full utility access and interstate proximity are increasingly scarce, this offering represents a rare opportunity to secure a premier development site capable of supporting a wide range of high-demand uses.

Investment highlights

±27.68 AC PRIME DEVELOPMENT SITE | I-26 & UPWARD RD INTERCHANGE

Appleland Business Park | Henderson County, NC

Rare opportunity to acquire a ±27.68 acre commercial tract located directly off the Upward Road interchange at I-26—one of the most active and rapidly growing corridors in Henderson County and the greater Asheville MSA . This highly visible and accessible site features approximately 1,300 feet of frontage along Upward Road with additional frontage on Commercial Boulevard within the established Appleland Business Park, offering multiple access points and excellent development flexibility .

The property is predominantly level and has been previously utilized for agriculture, providing a clean, efficient development footprint with minimal site work required. Zoned RC (Regional Commercial), the site allows for a wide range of uses including industrial, flex, multi-family, retail, office, hospitality, and mixed-use development. Infrastructure is a key advantage, with public water and sewer, natural gas, and three-phase power available to the site—making it well-positioned for immediate development and reducing upfront costs and timelines for investors and developers.

Located in the heart of the South Asheville / Hendersonville growth corridor, the property benefits from strong surrounding development, proximity to Asheville Regional Airport, and immediate interstate access via I-26. The site is surrounded by a growing mix of industrial, commercial, and residential uses, supporting long-term demand and absorption. This offering presents a unique opportunity to develop a large-scale industrial flex park, multi-family community, or commercial center in a supply-constrained market where sites of this size, visibility, and utility access are increasingly rare.

Investment Highlights

* ±27.68 acres in prime I-26 corridor location

* Direct access via Upward Road interchange

* ±1,300’ road frontage + additional frontage on Commercial Blvd

* Located within Appleland Business Park

* Zoned RC (Regional Commercial) – flexible use options

* Public water & sewer, natural gas, and 3-phase power available

* Level topography – minimal grading required

* Ideal for industrial, flex, multi-family, or commercial development

* Minutes to Asheville Regional Airport

Ideal Uses

* Industrial / Flex Development

* Multi-Family Residential

* Distribution / Light Manufacturing

* Retail / Mixed-Use Commercial

Summary - Large-scale, utility-served development sites with interstate access are increasingly limited in Western North Carolina. This property offers the scale, infrastructure, and location required to support a wide range of high-demand uses, making it a premier investment and development opportunity.

Listing Contacts

DL
NC 212568
Keller Williams Realty Mountain Partners
Listed by Keller Williams Realty Mountain Partners

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
David Lee
License
212568
Brokerage
Keller Williams Mountain Partners
Title
Broker - Team Lead
Brokerage Address
404 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591