Land Suitable for Office or Medical

For Sale

5 Frederick Street, Asheville, NC 28801

This Asheville property for sale is located at 5 Frederick Street. The current listed sale price for Land Suitable for Office or Medical is $1,050,000. Land Suitable for Office or Medical is situated on a lot that is 0.91 acre in size.

Contacts

Austin Tyler, SIOR

Dewey Property Advisors

Property Details

  • Property Type VacantLand
  • Lot Size 0.91 Acre
  • Date Updated Apr 24, 2026
.91 Acres located in the Mission Hospital hospital district. Parcel is located in an Opportunity Zone and seated on the main road corridor connecting downtown Asheville to Biltmore Village.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.
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Highlights

  • Office/Business District zoning allows office, medical, multifamily, retail, daycare, fitness, and research uses
  • Opportunity Zone with tax-advantaged investment potential
  • Strategic location between Downtown Asheville and Biltmore Village
  • Strong development site in a rapidly growing medical district

Attachments

Getting around

  • 52/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 41/100

    Bike Score ®

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Location

  • City Asheville, NC
  • Neighborhood Lee Walker Heights
  • Zip Code 28801
  • Market Asheville

Points of Interest

  • Citgo

    0.35 miles

  • Exxon

    0.62 miles

  • Greenlots

    0.71 miles

  • Shell

    1.00 miles

  • Gas Express

    1.41 miles

  • BJ's Food Mart

    1.51 miles

  • Enmark

    1.62 miles

  • Sam's Club

    1.63 miles

  • Tesla Supercharger

    4.58 miles

  • EVgo

    6.82 miles

  • Ironwood Parking Garage

    0.44 miles

  • Biltmore Avenue Parking Garage

    0.68 miles

  • Sears Alley Public Parking Deck

    0.75 miles

  • Wall Street Garage

    0.85 miles

  • Rankin Avenue Garage

    0.90 miles

  • Simpson Parking

    0.91 miles

  • Civic Center Garage

    0.98 miles

  • Tempie Avery Montford Community Center Parking

    1.37 miles

  • Lioncrest

    2.23 miles

  • Shuttle Lot E

    2.31 miles

  • Aloft Asheville Downtown

    0.70 miles

  • The Foundry Hotel Asheville, Curio Collection by Hilton

    0.78 miles

  • Cedar Crest Inn

    0.80 miles

  • Downtown Inn and Suites

    0.80 miles

  • The Restoration Asheville

    0.81 miles

  • Residence Inn Asheville Biltmore

    0.82 miles

  • The Residences at Biltmore

    0.87 miles

  • Haywood Park Hotel and Atrium

    0.89 miles

  • Cambria Hotel Downtown Asheville

    0.90 miles

  • AC Hotel by Marriott Asheville Downtown

    0.91 miles

  • French Broad Food Co-op

    0.64 miles

  • Mast General Store

    0.79 miles

  • Katuah Market

    1.13 miles

  • Big Lots

    1.27 miles

  • Innsbruck Mall

    1.30 miles

  • Ingles

    1.33 miles

  • Whole Foods Market

    1.33 miles

  • Trader Joe's

    1.41 miles

  • Earth Fare

    1.43 miles

  • Dillard's

    1.44 miles

Contact Listing Broker
Austin Tyler, SIOR

Dewey Property Advisors

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