Technical
Financial
Distress signals
Property profile

353 Banner Farm Rd Mills River, NC 28759

OFF-MARKET
Industrial properties
Property ID
US53-1977558
33,020 SF 5.25 ac lot Built 2007
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2007
Total area 33,020 SF
Lot 5.25 ac (228,690 SF)
Zoning code 1005710~MR-LI
APN 9631834334
UPID US53-1977558

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Big Box & Wholesale Store Food Market
  • Industrial Manufacturer Production Facility

Location

353 Banner Farm Rd Mills River, NC 28759-8707
Mills River metro Census 930702 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$4.9M
6 recorded transactions
2025
$4.9M
2022
Price N/A
2019
Price N/A
2018
Price N/A
2006
$510,500
1969
Price N/A

Zoning & alternative use

1005710~MR-LI · Mills River, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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