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Mills River Investment Opportunity
For Sale
$4,500,000

4165 Haywood Road, Mills River, NC 28759

20-acre commercial land with utilities and high-traffic frontage.

Property SizeContact for details
Days on Market471

Property Features for 4165 Haywood Road

General Information

Standard status Active
Listing Agency: VITAL COMMERCIAL REAL ESTATE
Listed By: ALISON PAGES
Source: Corcoran
Added: May 19, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VITAL COMMERCIAL REAL ESTATE

Investment Insights

Based on property information with market context.

This flexible investment opportunity is located in Mills River, NC. The property is approximately 20 acres and zoned General Business (MR-GB). On-site utilities include sewer, electric, and water. The property features over 900 feet of frontage on Haywood Road (NC 191), which is planned for expansion to a 5-lane highway in the near future, resulting in an approximate 0.749-acre reduction of the lot. It is located near the intersection of NC-191 and NC-280, with a combined daily traffic volume exceeding 30,000 AADT. The general business zoning allows for versatile use, potentially suitable for self-storage, general commercial, retail, medical office, and mixed-use developments, pending an engineer survey and city zoning approvals. Approximately 7 acres are filled and rough graded, with about 10 acres fillable for further development. Around 3 acres are located in a floodway, and the property includes 320 feet of river frontage on Mills River. The site is approximately 19 miles from downtown Asheville, NC, and about 8 miles from downtown Hendersonville, NC.

Key Highlights

  • High‑traffic location with over 900' frontage on Haywood Rd (NC 191), which is expanding to a 5‑lane highway.
  • Zoned General Business (MR‑GB) allowing for versatile use such as self‑storage, commercial, retail, medical office, and mixed‑use.
  • On‑site Sewer, Electric, and Water.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Nail Salon Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby

Demographics for 28759, NC

7,728
Population
3,300
Households
2.3
Avg Household Size
47
Median Age
43%
College-Educated
94%
High-School Grad
24.5 sq mi
ZIP Area
315
Density / Sq Mi
$88,984
Median Household Income
$37,796
Median Earnings
$1,611
Median Rent
$364,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 20-acre commercial land with utilities and high-traffic frontage.
Where is this commercial land located?
The property is located at 4165 Haywood Road Mills River, NC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: High‑traffic location with over 900' frontage on Haywood Rd (NC 191), which is expanding to a 5‑lane highway.; Zoned General Business (MR‑GB) allowing for versatile use such as self‑storage, commercial, retail, medical office, and mixed‑use.; On‑site Sewer, Electric, and Water.
More about this property
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