5 Frederick Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 5 Frederick St, Asheville, NC 28801, USA
Atlanta & Southeast + Land/Development
Created date: January 12, 2026
Date last updated: September 15, 2026
Price: $1,050,000Investment Analyzer NEW!
  • Opportunity Zone with tax-advantaged investment potential
  • Office/Business District zoning allows office, medical, multifamily, retail, daycare, fitness, and research uses
  • Strategic location between Downtown Asheville and Biltmore Village
  • Strong development site in a rapidly growing medical district

Property Description

Prime ±0.91-acre development site located in the Mission Hospital District. Positioned on the main corridor connecting Downtown Asheville to Biltmore Village. Located within an Opportunity Zone and zoned Office/Business District, allowing a wide range of office, medical, residential, and supporting commercial uses. Highly visible location with strong connectivity and long-term investment potential.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,050,000
Lot Size: 0.91 Acres
Opportunity Zone: No
Property Website Click Here
Address: 5 Frederick Street, Asheville, NC 28801, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

775 Sha Ln

Spartanburg, South Carolina
Atlanta & Southeast + Land/Development
Units: 1

110 Ray Thorington Rd

Montgomery, Alabama
Atlanta & Southeast + Land/Development
Price: $650,000

0 Virginia Loop Rd

Montgomery, Alabama
Atlanta & Southeast + Land/Development
Price: $110,000

Brokers

View All

Lenders

View All