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    Property profile & analytics

    Mills River, NC 28759

    • Commercial land
    • 3.30 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 16, 2022
    $389,000
    Location Intelligence
    Property ID
    US53-3047325
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for Mills

    Lot size
    3.30 lot acres
    Zone code
    9960502~MR-GB
    Property type
    Commercial land
    APN
    9641224769
    APU
    9641224769

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    River
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.5485
    Latitude
    35.382
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $127,100
    $0.00
    $127,100
    -
    $127,100
    $0.00
    $127,100

    Comparable in this City

    • Value Estimation by Request
      92.74 Acres

      Mills

      VACANT COMMERCIAL LAND • 92.74 Acres
      Mills, River, NC 28759
      View Details
    • Value Estimation by Request
      1.14 Acres

      Mills

      VACANT COMMERCIAL LAND • 1.14 Acres
      Mills, River, NC 28759
      View Details
    • Value Estimation by Request
      17.50 Acres

      Mills

      VACANT COMMERCIAL LAND • 17.50 Acres
      Mills, River, NC 28759
      View Details
    • Value Estimation by Request
      2.84 Acres

      Mills

      VACANT COMMERCIAL LAND • 2.84 Acres
      Mills, River, NC 28759
      View Details
    • Value Estimation by Request
      7.55 Acres

      Mills

      VACANT COMMERCIAL LAND • 7.55 Acres
      Mills, River, NC 28759
      View Details
    • Value Estimation by Request
      0.08 Acres

      Mills

      VACANT COMMERCIAL LAND • 0.08 Acres
      Mills, River, NC 28759
      View Details

    Similar Nearby for Sale

    • $4,500,000
      15 SF

      Mills River Development Opportunity

      Prime land near Asheville Airport, suitable for various developments.
      182 N Mills River Rd, Horse Shoe, NC 28759
      View Details
    • $1,125,000

      11.25 Acres Zoned MR-MU

      11.25 acre parcel zoned MR-MU in Mills River, NC.
      999999 Boylston Hwy, Mills River, NC 28759
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    • $1,395,000

      Prime Retail Site in Mills River

      Sought-after retail site at major intersection, high visibility.
      4184 Haywood Rd, Mills River, NC 28759
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    • $2,400,000
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      Mills River Land with Development Potential

      12 acres near Asheville Airport with multiple development opportunities.
      467 Butler Farm Rd, Mills River, NC 28759
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    • $2,995,000

      Mills River Development Opportunity

      Exceptional development opportunity in the heart of Mills River.
      5620 Old Haywood Rd, Mills River, NC 28759
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    • $4,500,000

      Mills River Investment Opportunity

      20-acre commercial land with utilities and high-traffic frontage.
      4165 Haywood Rd, Mills River, NC 28759
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      101,850 SF

      Class A Industrial Facility

      101,850 SF class-A industrial facility for lease.
      Banner Farm Rd, Mills River, NC 28759
      View Details
    • Contact for pricing
      171,155 SF

      Banner Farm Logistics Center

      Class A Industrial Space Available
      0 Banner Farm Rd, Mills River, NC 28759
      View Details
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    Mills
    River, NC 28759
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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