4028 Haywood Rd, Mills River, NC 28759
This exceptional 120.15-acre property in Mills River, North Carolina, presents a unique investment opportunity. Zoned R2, it offers diverse development potential, blending agricultural, residential, and commercial possibilities. The land boasts rolling pastures ideal for farming, while its strategic location near Asheville, Brevard, and Hendersonville ensures convenient access to major markets and amenities. Adding to its appeal is a charming, historically significant all-brick farmhouse dating back to the 1920s. This three-bedroom home features a covered porch, rich-wood foyer, comfortable living room, expansive kitchen with fireplace, and retains its original detailed charm. The property is offered at $7,000,000 and has been owned for over a year. Located at 4028 Haywood Rd, Mills River, NC 28759 (Henderson County), this property presents a rare chance to acquire a substantial land holding with significant historical and development potential. The property's versatility makes it suitable for a variety of uses, from continuing its agricultural legacy to creating a unique residential or commercial development. This is a truly exceptional opportunity in a highly desirable location.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.