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Commercial Land with MR-NC Zoning
For Sale
Under Contract
$5,550,160

32 School House Road, Mills River, NC 28759

COMMERCIAL - Mills River, NC

Lot Size63.07 Acres
Days on Market181

Property Features for 32 School House Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning MR-NC
Zoning description MR-NC
Lot features Cleared, Creek Front, Crops, Flood Fringe Area, Level, Creek/ Stream, Wooded
Standard status Active Under Contract
APN 800443
Lot size 63.07 Acres

Taxes and HOA fees

Tax Description SR1426 SCHOOL HOUSE RD OFF
Legal Description SR1426 SCHOOL HOUSE RD OFF

Building Details

Year built 1850
Listing Agency: Keller Williams Mtn Partners, LLC · Keller Williams Realty
Listed By: David Lee · License #212568
Added: Feb 2 Changed: Jul 31 Last Checked: Aug 2 at 10:06AM
MLS# 4329922

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Commercial land opportunity totaling 63.07 acres, zoned MR-NC (Neighborhood Commercial), at 32 School House Road in Mills River, NC (Henderson County). The tract is described as primarily flat and usable, with scope for phased development, subdivision, or a single large-scale commercial project subject to Town of Mills River requirements and approvals. Public water and sewer are located adjacent to the property, supporting a wide range of commercial, service-oriented, and mixed-use development concepts, along with potential for larger commercial or industrial approvals.

An existing old 1850’s colonial home remains on the site but is described as having no contributory value and not expected to affect redevelopment plans. The property is positioned for development leveraging access to public utilities and the flexibility associated with MR-NC zoning.

This listing focuses on the site’s land mass, flat/usable character, and availability of municipal water and sewer adjacent to the tract to help reduce early infrastructure constraints for prospective development plans.

Key Highlights

  • 63.07‑acre commercial land tract zoned MR‑NC (Neighborhood Commercial)
  • Public water and sewer located adjacent to the property
  • Land described as primarily flat and usable for development or subdivision

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Storage Facility Law Firm Nail Salon

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

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

80
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land zoned MR-NC with public water and sewer located adjacent to the tract.
Where is this commercial land located?
The property is located at 32 School House Road Mills River, NC.
What is the asking price?
The asking price for this property is $5,550,160.
What are key features of this property?
This property features: 63.07‑acre commercial land tract zoned MR‑NC (Neighborhood Commercial); Public water and sewer located adjacent to the property; Land described as primarily flat and usable for development or subdivision
More about this property
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