Mills River Development
For Sale
$2,995,000
5620 Old Haywood Road, Mills River, NC 28759
Exceptional development opportunity in the heart of Mills River.
Days on Market276
Property Features for 5620 Old Haywood Road
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1964
Listing Agency:
WHITNEY COMMERCIAL REAL ESTATE
(828) 665-9085
Listed By:
AUSTIN WALKER · License #227527
Source:
Corcoran
Added: Oct 31, 2025
Changed: Jul 6
Last Checked: Aug 1 at 7:27AM
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 WHITNEY COMMERCIAL REAL ESTATE
Investment Insights
Based on property information with market context.
This property presents an exceptional development opportunity in Mills River, suitable for land or industrial investors seeking a presence in the Asheville market. Zoned MRMU, the parcel is located at the intersection of Old Fanning Bridge Road and NC Highway 191, offering nearly 900 feet of frontage on NC 191, ensuring visibility and accessibility. The site features a rectangular configuration and gentle topography, facilitating straightforward infrastructure planning. Public water access is available via 12" and 6" lines. A septic system will be required. Located in the Town of Mills River, the property is positioned in a desirable commercial corridor of Western North Carolina. The existing house and barn are conveyed at no value.
Key Highlights
- Nearly 900 feet of frontage on NC 191 with excellent visibility and accessibility.
- MRMU (Mixed Use) zoning offers versatile development potential.
- Strategic location in the heart of Mills River, a thriving area of the Asheville market.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Exceptional development opportunity in the heart of Mills River.
Where is this commercial land located?
The property is located at 5620 Old Haywood Road Mills River, NC.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Nearly 900 feet of frontage on NC 191 with **excellent visibility and accessibility.**; MRMU (Mixed Use) zoning offers **versatile development potential.**; Strategic location in the heart of Mills River, a thriving area of the Asheville market.
