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223 Odonald Rd - 0000 New Leicester Hwy, Asheville NC 28806 1,032 SF Specialty Building Offered at $1,661,892 CAD in Asheville, NC 28806



INVESTMENT HIGHLIGHTS
- Open Use Zoning
- Over 500’ of highway frontage
- Level topography
EXECUTIVE SUMMARY
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.
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.
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.
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.
PROPERTY FACTS
| Price | $1,661,892 CAD | Building Class | C |
| Price Per SF | $1,610.36 CAD | Lot Size | 5.39 AC |
| Sale Type | Investment | Building Size | 1,032 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1932 |
| Property Subtype | Trailer/Camper Park | Parking Ratio | 6.78/1,000 SF |
| Zoning | OU - Open Use | ||
| Price | $1,661,892 CAD |
| Price Per SF | $1,610.36 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 5.39 AC |
| Building Size | 1,032 SF |
| No. Stories | 1 |
| Year Built | 1932 |
| Parking Ratio | 6.78/1,000 SF |
| Zoning | OU - Open Use |
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223 Odonald Rd - 0000 New Leicester Hwy, Asheville NC 28806
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