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Mills River Land with Development Potential
For Sale
Under Contract
$2,400,000

467 Butler Farm Road, Mills River, NC 28759

LAND - Mills River, NC

Property SizeContact for details
Lot Size12.00 Acres
Days on Market336

Property Features for 467 Butler Farm Road

General Information

Property type Land
Property subtype Other
Zoning description MR-MU
Exterior features Fence
Fencing Fenced
Lot features Cleared, Green Area, Hilly, Level, Pasture, Private, Rolling Slope, Views
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active Under Contract
APN 1014425
Lot size 12.00 Acres

Taxes and HOA fees

Tax Description JAMES BALL RECOMB LO12AC
Legal Description JAMES BALL RECOMB LO12AC

Utilities

Sewer type Public Sewer
Water source Well

Building Details

Additional Structures Workshop
Listing Agency: GreyBeard Realty
Listed By: Bill Roberts · License #276443
Added: Sep 19, 2025 Changed: May 19 Last Checked: Aug 20 at 11:06PM
MLS# 4301798

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.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Restaurant 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

42
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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 Road 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.
More about this property
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