22 Acre Parcel, Asheville Msa
Fletcher, NC 28732
Henderson County, North Carolina
Ranch Description
RI Marketplace Online Auction November 4-6, 2024.
Register to bid on Marketplace.
Investment Highlights
±22.06 Acres of Land Adjacent to Dollar General in the Asheville MSA with 4,187 VPD Traffic and Frontage on 2 Roads
3.79% Future Population Growth Anticipated from 2024-2029 (5-mile radius) and 5 miles from Asheville Regional Airport
Attractive Demographics with Population of ±48,304 Individuals and Annual Household Income of (5-Mile Radius)
Favorable M-1 Zoning with Flexible Uses including Mini-Warehouse, Storage, Retail, Banks, Professional Services, Restaurant
Absolute Auction - NO Reserve
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±22.06-Acre land parcel located adjacent to 564 Mills Gap Road (the “Property”) in Fletcher, North Carolina. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.
The Property is a ±22.06-Acre parcel behind Dollar General with visibility and access on both Burney Mountain Road and Mills Gap Road with traffic counts of ±4,187 vehicles per day. The Property is 5 miles east of Asheville Regional Airport in a strong commercial corridor which also includes logistics and commercial properties. The Property sits just north of the Village at Windstone, a gated community of single-family homes with prices ranging from The Property benefits from highly favorable M-1, Manufacturing District zoning that allows for a wide variety of uses including mini-warehouse, storage, retail, banks, professional services, restaurants, and others.
Fletcher, North Carolina, is a growing town located in Henderson County, situated between Asheville and Hendersonville in the western part of the state. Fletcher benefits from its strategic location along the I-26 corridor, providing easy access to Asheville, about 12 miles to the north, and Greenville-Spartanburg, South Carolina, about an hour to the south. Fletcher's proximity to Asheville Regional Airport (less than 5 miles away) enhances its appeal for both residential and commercial development, making it a convenient hub for business and travel. The Property benefits from strong demographics with a population of 48,304 residents and an average household income of within a 5-mile radius. The population has experienced recent growth with 3.79% growth expected to continue through 2029.
Jerry E. King
King Auction & Realty Co., Inc.
License: 1010
Nc Broker's license: 22778
