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000 Upward Rd - Easler Upward Road - 27 Acres 27 Acres of Industrial Land Offered at $7,900,000 in Flat Rock, NC 28731



Investment Highlights
- Prime I-26 interchange location on Upward Rd offers visibility, access, and strong growth potential.
- 27+ acres with RC zoning allow flexible uses including industrial, multi-family, and retail.
- Fronting both Upward Road & Commercial Boulevard allows for multiple access points, better site layout, & potential subdivision or phased development.
- Full utilities on site, including water, sewer, gas, and 3-phase power, reduce cost and risk.
- Proximity to Asheville Regional Airport Just minutes from the airport, which is one of the fastest-growing in the region.
- The land is predominantly level, which significantly reduces grading, site work, and development costs—this directly impacts a developer’s bottom line
Executive Summary
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.
Property Facts
1 Lot Available
Lot
| Price | $7,900,000 | Lot Size | 27.00 AC |
| Price Per AC | $292,592.59 |
| Price | $7,900,000 |
| Price Per AC | $292,592.59 |
| Lot Size | 27.00 AC |
Property offering consists of 4 parcels totaling approx. 27 acres of level and mostly cleared agricultural land.
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.
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000 Upward Rd - Easler Upward Road - 27 Acres
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