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    151 Mill Rd Marion, NC 28752

    For Sale
    $899,000

    6-Acre Commercial Lot Near I-40

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 6-acre commercial property at 151 Mill Road, Marion, NC, presents a compelling investment opportunity. Located less than a mile from the I-40 entrance, this site boasts unparalleled accessibility and visibility. Its proximity to a major Walmart complex ensures high foot traffic and convenient access for potential businesses. The property is fully serviced with utilities, eliminating significant upfront development costs. This prime location is experiencing substantial growth, recently enhanced by a new bridge expansion designed to accommodate current and projected future development. The strategic location offers easy access to Asheville, further enhancing its appeal to a wide range of businesses. The expansive acreage allows for considerable flexibility in development plans, catering to various commercial ventures. This is a rare chance to acquire a well-positioned, high-potential commercial property in a thriving area. The asking price is $899,000. Serious inquiries are encouraged. Don't miss this chance to secure a piece of Marion's burgeoning commercial landscape.

    Property Features for 151 Mill Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    261,360 SF

    Building Details

    Year Built
    1949
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    McDowell
    State
    North Carolina
    Longitude
    -82.03021
    Latitude
    35.65099

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    FAQs

    What type of property is this?
    Commercial real estate - 6-Acre Commercial Lot Near I-40
    Where is this commercial real estate located?
    The property is located at 151 Mill Rd Marion, NC.
    What is the asking price?
    The asking price for this property is $899,000.
    (828) 442-2537
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    151 Mill Rd Marion, NC 28752
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    Marion, NC 28752
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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
    151 Mill Rd Marion, NC 28752
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