Agent profile image in chat bubble
Agent profile image in chat header

Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

Agent profile image in message

701 Old Fanning Bridge Rd , Fletcher, NC 28732
$7,800,000
Est. Payment: $43,836.27/mo
16.67 Acres
Status: active | Days on site: 43
Get Pre-Qualified
NCM13590 - andrew
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Terri Bias
Operator/Brokerage Owner

House Description

Exceptional opportunity to acquire a premier 23,540 SF commercial destination property situated on 16.67 acres in the heart of the Asheville–Hendersonville growth corridor. Constructed in 2020, the property features modern improvements, abundant parking, and expansive outdoor space, offering flexibility for recreational, hospitality, event, institutional, or adaptive commercial uses. Ideally located minutes from Interstate 26 and Asheville Regional Airport, this one-of-a-kind asset combines exceptional accessibility, quality construction, and significant long-term redevelopment potential in one of Western North Carolina's fastest-growing markets. Premier 23,540 SF Destination Facility on 16.67 Acres – Purpose-built in 2020, this exceptional property features a modern two-story facility situated on over 16 acres with significant room for outdoor recreation, expansion, and complementary uses. Strategic Location in One of Western North Carolina's Fastest-Growing Corridors – Positioned minutes from Interstate 26, Asheville Regional Airport, Asheville, and Hendersonville, the property benefits from excellent regional accessibility and strong demographic growth. High-Quality Improvements with Outstanding Functional Design – Constructed in 2020 and rated in excellent condition, the facility offers approximately 23,540 square feet with a remaining economic life of 36 years, making it well-suited for owner-users, recreational operators, institutional users, or adaptive commercial redevelopment. Located Within a Thriving Commercial & Industrial Growth Market – The surrounding Fletcher submarket continues to experience strong industrial, commercial, and residential growth, supported by major employers, expanding population, increasing household incomes, and proximity to regional employment centers. Institutional-Quality Asset with Significant Value – CBRE concluded an "As Is" market value of $7.8 million, reflecting the property's unique improvements, strategic location, and long-term investment potential.

Highlights

Listed by Andrew Riddle , 828-243-3610 Whitney Commercial Real Estate , 828-665-9085. Canopy MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
16.67

Year Built

2020

County

Henderson

Listing ID

4413856

Questions about this listing?

Contact Agent

Interior Features

Exterior Features

Principal Interest
$43,836
Taxes
$4,973

Home Price

$7,800,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$1,560,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$43,836.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $43,836.27 $4,972.50 $0.00 $48,808.77
Yearly $526,035.18 $59,670.00 $0.00 $585,705.18
Total $15,781,055.54 $1,790,100.00 $0.00 $17,571,155.54

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Fletcher, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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 data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T09:50:06.000Z

© 2026 Canopy MLS

MLS Logo - Canopy MLS