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    99999 Pea Ridge Rd Mill Spring, NC 28756

    • Land
    • 37.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 99999 Pea Ridge Rd

    Lot size
    37.33 lot acres
    Property type
    Land

    Description

    This exceptional 37.33-acre commercial land parcel presents a unique investment opportunity in Polk County, North Carolina. Strategically located just 1.5 miles from the Tryon International Equestrian Center, the property boasts approximately 2745 feet of frontage on US-74, ensuring excellent visibility and accessibility. The main entrance is conveniently situated off the paved Pea Ridge Road, providing ideal access to the majority of the acreage. Water and sewer utilities are readily available along Pea Ridge Road, simplifying development plans. The land itself is characterized by a beautiful hardwood forest, multiple natural springs, and abundant wildlife. The gentle topography offers versatile options for land planning, development, and phased construction, catering to a variety of commercial projects. The property is zoned MU and features the APN numbers P115-224, P115-221, and P115-222. The asking price is $1,495,000, translating to approximately $49,558 per acre. This prime location and versatile land make this an exceptional opportunity for commercial development in a desirable area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mill Spring
    County
    Polk
    State
    North Carolina
    Longitude
    -82.083
    Latitude
    35.2947

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    99999 Pea Ridge Rd
    Mill Spring, NC 28756
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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