57 Mills River Rd Mills River, NC 28759
This exceptional Mills River, NC commercial property, located at 57 S Mills River Rd, presents a compelling investment opportunity. The 2,400 square foot building, constructed in 1974, sits on a 0.38-acre lot and is zoned MRMU (Mills River Mixed Use), allowing for diverse business applications. The single-story structure features a 12-foot ceiling height, providing ample vertical space. Two 12-foot-high drive-in doors, complemented by an existing car lift, enhance functionality and accessibility. The property includes a bathroom with a shower. This versatile space is ideal for a variety of uses, including creative office, traditional office, or warehouse operations. Its convenient location in Mills River, NC (zip code 28759) offers easy access to local amenities and transportation routes. The property's features, zoning, and location combine to create a strong investment prospect with significant potential for return. The APN is 9631562485. This is a rare opportunity to acquire a well-maintained industrial property in a thriving area. The asking price is $308,400.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.