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    467 Butler Farm Rd Mills River, NC 28759

    For Sale
    $2,400,000

    LAND - Mills River, NC

    Lot size:
    12.00 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 467 Butler Farm Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1014425
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    12.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Well

    Building Details

    Additional Structures
    Workshop

    GreyBeard Realty (828) 669-1072 [email protected]

    Listing agent Bill Roberts (828) 674-7640

    Listing date Sep 25, 2025

    MLS# 4301798 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mills River Land with Development Potential

    The property at 467 Butler Farm Road in Mills River, NC, encompasses 12 acres and is bordered on three sides by over 170 acres of North Carolina Horticulture land. The site is located near the I-26 Airport Road exit, close to the Asheville Airport and the Airport Road commercial corridor. The property neighbors Class A industrial properties, including companies such as Gaia Herbs, Sierra Nevada Brewing, and FedEx, as well as the Broadpointe Industrial Park. The land has potential for industrial and multi-family development, a homesite with income potential from existing properties, or a family compound. The property includes three houses, a barn, and a workshop. The structures are in good condition, needing minor repairs. House 1 has 3 bedrooms and 2 baths with a partially finished basement and an additional bath. House 2 has 2 bedrooms and 1 bath with a full unfinished basement. House 3 has 3 bedrooms and 1 bath with a full finished basement and an additional bedroom and bath. The property features rolling pasture and views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Grocery Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mills River
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.557845
    Latitude
    35.420289

    Nearby Similar for Sale

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      View Details
    • $1,895,000

      Unrestricted Land with Remodeled Home

      13 acres of unrestricted land with a fully remodeled home.
      16 School House Rd, Mills River, NC 28759
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    FAQs

    What type of property is this?
    Commercial land - 12 acres near Asheville Airport with multiple development opportunities.
    Where is this commercial land located?
    The property is located at 467 Butler Farm Rd Mills River, NC.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - 12 acres bordering 170+ acres of State Horticulture land.; - Proximity to Asheville Airport and I-26 Airport Road exit.; - Development potential for industrial or multi-family use.
    (828) 674-7640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    467 Butler Farm Rd Mills River, NC 28759
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