Buncombe County, North Carolina Commercial Real Estate 0 Listings

Buncombe County, North Carolina: A Premier Destination for Commercial Real Estate

Introduction

Buncombe County, North Carolina, is emerging as a premier destination for commercial real estate (CRE) investments. Located in the scenic Appalachian region, the county is home to the vibrant city of Asheville. With a diverse economy centered around healthcare, tourism, manufacturing, and technology, Buncombe County offers unique opportunities for commercial real estate professionals. The area's strategic location, coupled with its growing industry clusters, makes it a compelling market for office, industrial, and retail properties.

Economic and Industry Overview

Buncombe County's economy is driven by a mix of industries, including healthcare, advanced manufacturing, and technology. The presence of healthcare giants such as Mission Health and the growth of tech startups contribute significantly to the demand for office and medical spaces. Additionally, the county's thriving tourism industry, anchored by the iconic Biltmore Estate, fuels the retail and hospitality sectors.

The Economic Development Coalition of Asheville-Buncombe County actively supports business growth through various initiatives, enhancing the region's attractiveness for commercial real estate investors.

Strategic Location and Transportation Infrastructure

Buncombe County boasts a well-developed transportation infrastructure that supports its commercial activities. Major highways, including I-40 and I-26, connect the region to key markets across the Southeast. The Asheville Regional Airport facilitates air travel and cargo handling, while the Norfolk Southern rail line provides freight services that are essential for logistics and distribution operations.

These logistical advantages, combined with access to a skilled labor pool, position Buncombe County as a prime location for industrial and distribution facilities.

Commercial Real Estate Inventory & Zoning

Buncombe County's commercial real estate landscape includes several submarkets such as Asheville's Central Business District (CBD), the River Arts District, and the industrial corridors along I-40. Key asset classes include industrial, retail, flex, office, and medical properties.

Recent zoning changes and overlays, such as the City of Asheville's zoning map, provide incentives for developers, including density bonuses and tax rebates in designated areas.

Major Employers and Institutions

Top employers in Buncombe County include Mission Health, Buncombe County Schools, and Ingles Markets. The area is also home to the University of North Carolina at Asheville, which contributes to a steady demand for office and retail spaces.

For more detailed information on major employers, visit the Asheville Chamber of Commerce's business directory.

Notable Commercial Developments & Projects

Buncombe County is witnessing several large-scale development projects, including the River Arts District Transportation Improvement Project and the mixed-use Biltmore Park Town Square. These developments, coupled with designated Opportunity Zones, present lucrative opportunities for investors.

For insights into ongoing projects, check the City of Asheville's planning department.

Building Permits, Planning, and Development Tools

For developers looking to invest in Buncombe County, the following resources are essential:

Market Data & Economic Reports

Public data sets such as those available on census.gov and Asheville's open data portal provide valuable insights into the county's economic landscape. Brevitas leverages AI-powered aggregation of these datasets and internal insights to offer comprehensive market intelligence.

Explore Brevitas-powered dashboards for Buncombe County here.

Why Use Brevitas for Buncombe County, North Carolina CRE?

Brevitas offers an unparalleled platform for CRE discovery in Buncombe County, combining AI-driven search capabilities with real-time market alerts. Key features include: