182 Mills River Rd Mills River, NC 28759
This exceptional 15.29-acre parcel presents a remarkable land development opportunity in the thriving Mills River, North Carolina market. Located at 182 N Mills River Rd, this commercially and industrially zoned (MR-MU) property boasts a gently rolling terrain ideal for various redevelopment projects. The site's strategic location places it in close proximity to established businesses, including Meade Tractor, Ingles, Bojangles, and Amazon, highlighting the area's robust economic activity and strong retail and industrial presence. While water and sewer lines are situated nearby, potential buyers are advised to independently verify utility availability, adaptability, and capacity to meet their specific project needs. It's important to note that an existing single-family dwelling on the property is considered to have no value in the overall assessment. Furthermore, prospective developers should be aware of applicable watershed restrictions. The property's APN is 9632514077. This prime location and significant acreage make this an unparalleled investment opportunity in a rapidly growing area of Henderson County, NC (zip code 28759). All showings require prior arrangement.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.