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    US-23 Alt Mars Hill, NC 28754

    Sponsored
    For Sale
    $500,000

    18 Acres, Prime Location, High Visibility

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    335
    This exceptional 18.41-acre commercial land parcel in Mars Hill, NC, presents a unique investment opportunity. Strategically located along US Highway 23 and less than a mile from Interstate 26, this property boasts unparalleled visibility and accessibility. Zoned R-A, it's ideally suited for a variety of commercial ventures, including retail, restaurants, hotels, or tourism-related businesses. Multiple cleared and leveled sites are ready for immediate development. The property's proximity to major transportation routes ensures convenient access to Mars Hill, Weaverville, and Asheville (under 30 minutes away). Its location at the last North Carolina exit before the Tennessee border and the first after entering from Tennessee offers significant potential for businesses targeting interstate travelers. Nearby attractions such as a ski resort, snow tubing parks, vacation rentals, and campgrounds further enhance its appeal. APN: 9840-84-5918. Asking price: $500,000.

    Property Features for US-23 Alt

    General Information

    Property type
    Land
    Lot Size
    801,940 SF

    HighLights

    • $500,000 asking price.
    • 18.41‑acre commercial land parcel.
    • R‑A zoning.
    • Located on US‑23 ALT in Mars Hill, NC (APN: 9840‑84‑5918).
    • High visibility location near I‑26, offering convenient access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mars Hill
    County
    Madison
    State
    North Carolina
    Longitude
    -82.553505781876
    Latitude
    35.908535004164

    Nearby Comparable

    • $500,000
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      Mars Hill Commercial Land Available

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    • $259,000
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      Unrestricted Acreage Near Ski Resort

      Acreage with mountain views, build sites, and utilities near resort.
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    • $885,000
      104.19 Acres

      Mountain Land with Cabin and Yurt

      104-acre mountain property with cabin and yurt near Asheville.
      1710 Roaring Fork Rd, Mars Hill, NC 28754
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    • $2,750,000
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      Legacy Property with River Frontage

      191-acre property with log cabin, guest house, and river frontage.
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    Nearby Similar for Sale

    • $799,000
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    FAQs

    What type of property is this?
    Land - 18 Acres, Prime Location, High Visibility
    Where is this land located?
    The property is located at US-23 Alt Mars Hill, NC.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 18.41-acre commercial land parcel.; R-A zoning.
    Request Owner's contact information
    US-23 Alt Mars Hill, NC 28754
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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
    US-23 Alt Mars Hill, NC 28754
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