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000 Upward Rd
Flat Rock, NC 28731

$7,900,000 USD

Land For Sale  •  27 AC

Property Details

  • Property Type Land
  • Lot Size 27 AC
  • Zoning RC - Regional Commercial
30 Walk Score

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, allowing for flexible site design and efficient circulation. Its location at a signalized interchange provides direct connectivity to I-26, offering seamless regional access to Asheville, Hendersonville, and Upstate South Carolina, and placing the property squarely in the path of continued residential and commercial growth. 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 and reduced site preparation costs. This combination of scale, usability, and infrastructure availability is increasingly rare in today’s market, particularly in a corridor experiencing sustained population growth, expanding infrastructure investment, and increasing demand for commercial, industrial, and residential development. Zoned RC (Regional Commercial), the property offers exceptional flexibility, allowing for a wide range of uses including industrial flex development, light manufacturing, distribution, multi-family residential, retail centers, office campuses, hospitality, and mixed-use projects. This zoning designation allows developers and investors to respond dynamically to market demand and pursue phased or multi-component development strategies within a single cohesive project. 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 significantly reduce development timelines, lower upfront capital costs, and enhance the overall feasibility of large-scale projects, making the site particularly attractive to institutional investors, regional developers, and owner-users. The property is situated within a rapidly growing submarket characterized by expanding residential communities, increasing commercial services, and continued economic growth, all of which contribute to sustained demand for well-located development sites. Its proximity to Asheville Regional Airport further enhances its appeal for logistics, distribution, and corporate users seeking efficient regional and national connectivity. Additionally, the site benefits from its location within Appleland Business Park, providing an established commercial environment with nearby complementary uses while still offering the scale and flexibility needed for larger, more impactful development. The combination of interstate access, substantial road frontage, full utility availability, and a highly visible location creates opportunities for a variety of development scenarios including multi-building industrial flex parks, distribution or light manufacturing facilities, multi-family residential communities, mixed-use developments, or retail centers designed to serve the growing surrounding population. The size and configuration of the tract also lend themselves to phased development, allowing for capital deployment over time while maximizing long-term value creation. In a market where large, well-located tracts with full utility access and immediate interstate proximity are increasingly limited, this offering represents a rare opportunity to secure a premier development site capable of supporting a wide range of high-demand uses while delivering strong long-term investment potential and positioning for future growth within one of Western North Carolina’s most active and desirable commercial corridors.

Highlights

Prime I-26 interchange location on Upward Rd offers visibility, access, and strong growth potential.
Full utilities on site, including water, sewer, gas, and 3-phase power, reduce cost and risk.
27+ acres with RC zoning allow flexible uses including industrial, multi-family, and retail.
Proximity to Asheville Regional Airport Just minutes from the airport, which is one of the fastest-growing in the region.
Fronting both Upward Road & Commercial Boulevard allows for multiple access points, better site layout, & potential subdivision or phased development.
The land is predominantly level, which significantly reduces grading, site work, and development costs—this directly impacts a developer’s bottom line

Public Transportation

AirportDriveWalkDistance
Asheville Regional 17 min - 13.5 mi
David Lee 828-699-4505 Keller Williams Realty Mountain Partners
David Lee 828-699-4505 Keller Williams Realty Mountain Partners