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32 School House Road, Mills River, NC 28759

$5,550,160
  • 32 School House Road, Mills River, NC 28759 Main Photo

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Active Under Contract
MLS#4329922
STATUSActive Under Contract PROPERTY TYPECommercial - Industrial

Property Description

Presenting an exceptional 63-acre commercial development opportunity in the heart of Mills River, North Carolina. One of Western North Carolina's fastest-growing and most strategically positioned commercial and industrial markets. Located at 32 School House Road, this expansive tract offers a unique combination of scale, zoning versatility, access to public utilities, and proximity to major regional transportation assets. Zoned MR-NC (Neighborhood Commercial), the property supports a wide array of commercial, service-oriented, and mixed-use development possibilities, with the potential for rezoning or conditional approvals for larger commercial or industrial concepts. This flexibility makes the site highly attractive for investors, developers, and end-users seeking a significant presence in a market experiencing sustained industrial and commercial demand.A key feature that sets this property apart is the availability of public water and sewer located adjacent to the tract?a rarity in Mills River, where many large parcels lack utility access. The presence of municipal utilities greatly enhances the development potential and substantially reduces upfront infrastructure costs. The land itself is primarily flat and usable, offering broad, functional acreage suitable for commercial campuses, retail and service centers, flex-industrial development, warehousing, light manufacturing, logistics, research facilities, or mixed-use clusters, subject to Town of Mills River requirements and approvals. The site's layout and topography provide numerous options for phased development, subdivision, or a single large-scale commercial project.Mills River has emerged as a powerhouse for industrial and commercial activity due to its central location between Asheville, Hendersonville, and Brevard, as well as its immediate proximity to Interstate 26, U.S. 280, and the Asheville Regional Airport. National and international companies?including Sierra Nevada Brewing, Amazon, FedEx, Pepsi, GF Linamar, and others have invested heavily in this corridor, drawn by excellent transportation access, a stable workforce, logistics advantages, and a pro-business regulatory environment. Industrial and commercial land absorption in Mills River has outpaced supply for years, creating strong long-term value and making large contiguous tracts with utility access increasingly scarce.An old 1850's colonial home remains on the property; however, it is considered to have no contributory value and is not expected to affect redevelopment plans. The highest and best use of the site lies overwhelmingly in its commercial and industrial potential. With its combination of location, visibility, access, utilities, and sheer acreage, this property represents one of the most compelling development opportunities currently available in Western North Carolina.Whether your vision is a corporate campus, industrial park, commercial center, or an investment hold for future appreciation, 32 School Hou

32 School House Road | MLS# 4329922

This commercial property located at 32 School House Road, Mills River, NC 28759 is currently listed for sale with an asking price of $5,550,160. Search Mills River real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Industrial
Basement: Other
Lot Size: 63.07 Acres
Year Built: 1850

Feature Descriptions

Days on Site: 121
Flood Plain: Yes
Foundation: None
Lot: Cleared, Creek Front, Crops, Flood Fringe Area, Level, Creek/Stream, Wooded
Other Structures: Barn(s)
Parcel#: 800443
Special View Info: Long Range, Mountain(s), Year Round

Listed By / Shown By

Listed By

Agency Name: Keller Williams Mtn Partners, LLC
Agency Contact: davidleeteam@gmail.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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