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Commercial Land for Sale in Asheville, North Carolina

303 Gashes Creek Rd, Asheville, NC 28803

$1,360,000
1.65 acres
Active
$40k drop
Est $10,110/mo

Recent bank appraisal that supports asking price is available upon request. Located in Buncombe County and not Asheville so no Asheville restrictions on Hotel construction applies. Construction ready site with paved and striped parking in place for a hotel, office building, medical, gas station or convenience store. Over 30,000 cars on US 74A and right at the interchange with I-40. Right next to the tunnel road commercial core on one side and the Blue Ridge Parkway on the other. Approved for 30K office building or 68K sf of hotel through Buncombe County Planning and Zoning. Improvements include: parking, retaining walls, graded building site, underground fiber optic, sprinkler system, water supply, sewer and all utilities to site.

Location

Street address
303 Gashes Creek Rd
Elevation
2,083 feet
Coordinates
35.5647, -82.4958

Directions

From downtown Asheville, take I 240 East towards Fairview. I-240 turns into 74A (Charlotte Highway). Take a left like you are going to merge onto I-40 East (Gashes Creek Road) and turn right to stay on Gashes Creek. Do not get onto I-40.

Property details

Acreage
1.65 acres
Zoning
PS
MLS #
CMLS 3551189
Posted

Parcels

  • 9667-08-5744

Details and features

Listing

Type
Commercial Sale
Franchise
Independent

Listing history

DateEventPriceChangeSource
Nov 26, 2025Price drop$1,360,000$40,000 -2.9%CMLS
Nov 25, 2025Back on market$1,400,000CMLS
Oct 1, 2025Under contract$1,400,000CMLS
July 3, 2025Back on market$1,400,000CMLS
June 5, 2025Under contract$1,400,000CMLS
Feb 28, 2025Back on market$1,400,000CMLS
Aug 24, 2024Under contract$1,400,000CMLS
June 14, 2024Relisted$1,400,000CMLS
June 10, 2024Listing removed$1,400,000Listing agent
Mar 20, 2020Back on market$1,400,000CMLS
Feb 9, 2020Under contract$1,400,000CMLS
Oct 19, 2019New listing$1,400,000CMLS
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This 1.65-acre property is located at 303 Gashes Creek Rd in Asheville, NC 28803. The property is available for sale for $1,360,000 with a price per acre of $824,242.

Checked 1 min ago — Updated

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