4178 Haywood Rd Mills River, NC 28759
Exceptional investment opportunity in Mills River, NC, featuring a 9,090 square foot assemblage on a 3.55-acre lot. This property consists of two buildings, built in 1900, and is zoned MR-GB. One building is an established auto service center with a long operational history, situated on a 1.45-acre parcel. The adjacent 2.1-acre parcel includes an older house and undeveloped land. The property boasts high visibility and traffic counts due to its location at the intersection of Haywood Road and Boylston Highway (NC 191-280), a key convergence point for traffic in Mills River. This location offers easy access to Brevard, Hendersonville, Asheville, and the Asheville Regional Airport. The property's strategic position within a high-growth area presents a compelling opportunity for redevelopment or expansion. The asking price is $3,600,000, translating to $396.04 per square foot. The property includes two separate APNs: 9631745617 and 9631744759. This assemblage presents a unique chance to capitalize on the strong growth and high traffic volume in this emerging market. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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