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396 New Leicester HWY 396 New Leicester Hwy 2,544 SF Vacant Office Building Asheville, NC 28806 $1,099,922 CAD ($432.36 CAD/SF)



Investment Highlights
- ±2,544 SF freestanding commercial building
- High daily traffic counts (20,000–33,000 VPD)
- Strong “drive-home” commuter visibility
- Prime frontage along New Leicester Highway (NC-63)
- ±4 miles to downtown Asheville
- Population exceeding 99,000 within a 5-mile radius
Executive Summary
Positioned along the highly traveled New Leicester Highway (NC-63), 396 New Leicester Highway presents an excellent opportunity to acquire a well-located commercial asset in one of West Asheville’s most active growth corridors. This 2,544 SF building benefits from outstanding visibility and accessibility along a primary commuter route connecting the rapidly expanding Leicester community to Asheville.
Located just ±4 miles northwest of Asheville’s vibrant downtown, the property enjoys strong daily traffic counts estimated between 20,000 and 33,000 vehicles per day, delivering consistent “drive-home” exposure ideal for a wide range of commercial uses. The surrounding corridor is characterized by a dynamic mix of neighborhood retail, dining, and service-oriented businesses, making it a proven destination for both local residents and commuters.
The property is supported by a robust and growing customer base, with over 99,000 residents within a 5-mile radius and continued population growth projected in the coming years. This combination of strong demographics, high visibility, and strategic location makes the site well-suited for owner-users, investors, or businesses seeking to establish or expand their presence in the West Asheville market.
Located just ±4 miles northwest of Asheville’s vibrant downtown, the property enjoys strong daily traffic counts estimated between 20,000 and 33,000 vehicles per day, delivering consistent “drive-home” exposure ideal for a wide range of commercial uses. The surrounding corridor is characterized by a dynamic mix of neighborhood retail, dining, and service-oriented businesses, making it a proven destination for both local residents and commuters.
The property is supported by a robust and growing customer base, with over 99,000 residents within a 5-mile radius and continued population growth projected in the coming years. This combination of strong demographics, high visibility, and strategic location makes the site well-suited for owner-users, investors, or businesses seeking to establish or expand their presence in the West Asheville market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,544 SF
Building Class
B
Year Built
1998
Price
$1,099,922 CAD
Price Per SF
$432.36 CAD
Percent Leased
Vacant
Building Height
1 Story
Typical Floor Size
2,544 SF
Zoning
CBII - Commercial Business
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 9629-24-4778-00000 | Improvements Assessment | $352,944 CAD |
| Land Assessment | $81,768 CAD | Total Assessment | $434,711 CAD |
Property Taxes
Parcel Number
9629-24-4778-00000
Land Assessment
$81,768 CAD
Improvements Assessment
$352,944 CAD
Total Assessment
$434,711 CAD
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396 New Leicester HWY | 396 New Leicester Hwy
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