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Investment Highlights

  • 0.95-acre prime development site on Hazel Mill Rd. in Asheville
  • Excellent visibility near Patton Ave. (54,000 VPD)
  • Opportunity Zone with potential tax benefits
  • Zoned OFFICE, RM8 & HB – ideal for office or multifamily
  • City water/sewer available; gentle topography
  • Convenient to I-240, I-26 & Downtown

Executive Summary

Prime development opportunity with 3 contiguous parcels totaling 0.95 acres on Hazel Mill Road in Asheville, NC. Featuring gentle topography and access to city water and sewer, this site is ideally situated just off Patton Avenue, a major commercial corridor with 54,000 vehicles per day, with excellent potential for visibility from Patton Avenue as well. Parcels are zoned OFFICE, RM8 and HB, suitable for office and multifamily development. This property offers easy access to I-240 and I-26, connecting quickly to downtown Asheville and surrounding areas. Nearby businesses include Ingles Markets, Sam’s Club, Chipotle, Walgreens, and multiple retail, dining, and service establishments, ensuring strong visibility and traffic for future development. Located within an Opportunity Zone, buyers may be eligible for tax benefits! The home is currently occupied. Please do not disturb Tenants and contact Broker for all site visits.

Property Facts

Price $649,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
Total Lot Size 0.95 AC
Opportunity Zone Yes
Zoning OFFICE, RM8 and HB

1 Lot Available

Lot

Price $649,000
Price Per AC $683,157.89
Lot Size 0.95 AC

Prime 0.95-acre development on Hazel Mill Rd., Asheville. Zoned OFFICE, RM8 & HB with city utilities. Excellent visibility near Patton Ave. (54K VPD), I-240/I-26 access, Opportunity Zone benefits. Contact broker; do not disturb tenants.

Description

Prime development opportunity with 3 contiguous parcels totaling 0.95 acres on Hazel Mill Road in Asheville, NC. Featuring gentle topography and access to city water and sewer, this site is ideally situated just off Patton Avenue, a major commercial corridor with 54,000 vehicles per day, with excellent potential for visibility from Patton Avenue as well. Parcels are zoned OFFICE, RM8 and HB, suitable for office and multifamily development. This property offers easy access to I-240 and I-26, connecting quickly to downtown Asheville and surrounding areas. Nearby businesses include Ingles Markets, Sam’s Club, Chipotle, Walgreens, and multiple retail, dining, and service establishments, ensuring strong visibility and traffic for future development. Located within an Opportunity Zone, buyers may be eligible for tax benefits! The home is currently occupied. Please do not disturb Tenants and contact Broker for all site visits. Please contact the Listing Broker for showing requests and more information. Building on property have no added value.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 37351562

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 220, 226 & 9999 Hazel Mill Road, Asheville, NC 28806

Contact the Sale Advisor

220, 226 & 9999 Hazel Mill Road - 220, 226 & 9999 Hazel Mill Road

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