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Unrestricted Land with Income Potential
For Sale
$2,250,000

82 Hwy 9 N, Mill Spring, NC 28756

5.33 acres with commercial buildings and residential units for sale.

Property Size1,800 SF
Lot Size5.60 Acres
Price / SF$1,250
Days on Market640

Property Features for 82 Hwy 9 N

General Information

Standard status Active
Size 1,800 SF
Lot size 5.60 Acres

Taxes and HOA fees

Annual Taxes $5,624
Listing Agency: coldwell banker advantage
Listed By: Cheryl Stott · License #76999
Source: Exprealty
Added: Nov 19, 2024 Changed: Aug 20 Last Checked: Aug 20 at 11:09AM

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 coldwell banker advantage

Investment Insights

Based on property information with market context.

This 5.33-acre property is located at the corner of Highway 9 and Highway 108 in Mill Spring, NC. The property is unrestricted and unzoned, offering approximately 655 feet of frontage on SR 1368, 500 feet on Highway 9, and 860 feet on Highway 108. It features a commercial strip building with seven units, a freestanding 1,800-square-foot commercial building situated on the corner at the traffic signal, and two residential units. City water and six septic systems are available, along with natural gas. Positioned at the crossroads to Rutherfordton, Columbus, Lake Lure, Lake Adger, and Spartanburg SC, the property is also a short distance from I-26. The property has potential for enhancement and additional structures for increased income, or redevelopment. This tract is located at a signalized State Highway intersection.

Key Highlights

  • Prime location at a signalized intersection of Highway 9 and Highway 108.
  • Substantial 5.33‑acre tract, a rare size for a property at a signalized State Highway intersection in Polk County.
  • Unrestricted and unzoned land offering limitless potential for development or redevelopment.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Grocery & Convenience Store Carpet & Flooring Store Pharmacy Computer & Electronic Repair Veterinary Clinic Real Estate Agency

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

73
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
7,404 visits/mo 0.5 miles
Dollar General Shops & Services
6,500 visits/mo 0.5 miles

Demographics for 28756, NC

4,156
Population
2,375
Households
1.7
Avg Household Size
49
Median Age
19%
College-Educated
87%
High-School Grad
79.3 sq mi
ZIP Area
52
Density / Sq Mi
$54,112
Median Household Income
$36,375
Median Earnings
$662
Median Rent
$275,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 5.33 acres with commercial buildings and residential units for sale.
Where is this mixed-use property located?
The property is located at 82 Hwy 9 N Mill Spring, NC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime location at a signalized intersection of Highway 9 and Highway 108.; Substantial 5.33‑acre tract, a rare size for a property at a signalized State Highway intersection in Polk County.; Unrestricted and unzoned land offering limitless potential for development or redevelopment.
More about this property
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