$7,900,000
( )
 $42,409 est/mo Sourced by Back At You

000 Upward Road,Flat Rock, NC 28731

Flat Rock, NC 28731

Share:

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. Its location at a signalized interchange provides direct connectivity to I-26, allowing for efficient regional access to Asheville, Hendersonville, and Upstate South Carolinamaking 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.

Details

MLS #4350679
Listing TypeFor Sale
StyleRetail Center
Sub-TypeResale
StatusActive Under Contract
Year2027
Days On Site153
Listing Provided ByKeller Williams Mtn Partners, LLC | David Lee

Features

BasementY
ZoningRC
Acreage27.68
Water FrontYes
Property ViewMountain(s), Year Round

Exterior

RoofNone
Construction MaterialsN/A
Foundation DetailsNone
Lot FeaturesCleared, Creek Front, Crops, Flood Fringe Area, Level

Other

List AorHendersonville Board of Realtors

Taxes

Property2351300

Area Information

StateNC
CountyHenderson
CityFlat Rock
Zip Code28731
AreaHenderson
Listing VS Median (in 28731)
Price:
$7,900,000
low | high
Med:
$595,000
100% of Average
On site:
153
low | high
Med:
17
100% of Average
Sourced by Back At You

Market Activity 28731

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker CK Select at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 31, 2026 at 6:30:49 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Contact

Learn More About This Property

StateNC
CountyHenderson
CityFlat Rock
Zip Code28731
AreaHenderson
Listing VS Median (in 28731)
Price:
$7,900,000
low | high
Med:
$595,000
100% of Average
On site:
153
low | high
Med:
17
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $5.925M - $9.875M
sqft: 0 - 0
Listing Updated: August 12, 2026 at 8:18:10 AM PDT