Skip to main contentSkip to navigation
1 / 16

Mixed-Use Land for Sale in Flat Rock, North Carolina

Upward Rd E, Flat Rock, NC 28731

$7,900,000
27.7 acres
Active sale
Est $57,364/mo

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. Its location at a signalized interchange provides direct connectivity to I-26, allowing for efficient regional access to Asheville, Hendersonville, and Upstate South Carolina-making it highly attractive for a wide range of commercial and industrial users. 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. This combination of scale and usability is increasingly rare in today's market, particularly in a corridor experiencing strong population growth, expanding infrastructure, and increasing demand for commercial and industrial space. Zoned RC (Regional Commercial), the property offers exceptional flexibility, allowing for a broad range of uses including industrial flex development, light manufacturing, distribution, multi-family residential, retail centers, office campuses, hospitality, and mixed-use projects. This versatility enables developers and investors to adapt to market conditions and pursue multiple development strategies within a single site. 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 substantially reduce development timelines and costs while enhancing the site's appeal for both institutional investors and owner-users. Surrounded by a growing mix of commercial, industrial, and residential development, the property benefits from strong demographics, increasing traffic counts, and proximity to major employment centers and regional amenities, including Asheville Regional Airport. Its positioning within Appleland Business Park provides an established commercial environment with nearby complementary uses, while still offering the scale and flexibility needed for larger, more impactful development. Additionally, the combination of interstate access, multiple road frontages, and a highly visible location creates opportunities for phased development, multi-tenant projects, or a single large-scale user. Whether envisioned as a multi-building industrial flex park, a residential multi-family community, a mixed-use development, or a commercial retail center, this property offers the foundational elements necessary for a successful project: location, infrastructure, visibility, and flexibility. In a market where large, well-located tracts with full utility access and interstate proximity are increasingly scarce, this offering represents a rare opportunity to secure a premier development site capable of supporting a wide range of high-demand uses.

Location

Street address
Upward Rd E
Zip code
28731
Elevation
2,102 feet
Coordinates
35.2963, -82.4125

Directions

I-26 to Upward Rd exit East to property on left.

Property details

Acreage
27.68 acres
Zoning
RC
MLS #
CMLS 4350679
Posted

Parcels

  • 1011378

Legal description

Details and features

Listing

Type
Residential
Subtype
Retail
Franchise
Keller Williams Realty

Lot

Features
Cleared, Creek Front, Crops, Flood Fringe Area, Level

Listing history

DateEventPriceChangeSource
July 30, 2026New listing$7,900,000CMLS
Subscribe to listing updates

Payment calculator

This 27.68-acre property is located at Upward Rd E in Flat Rock, NC 28731. The land is available for sale, priced at $7,900,000 — $285,405 per acre.

Listed by Keller Williams MTN Partners, (828) 290-1066

Checked 2 hours agoUpdated

Report listing issue

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact