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    Mill Spring, NC
    Residential Income

    Mill Spring, NC Residential Income Properties for Sale

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    Lake Lure, NC Columbus, NC Rutherfordton, NC Tryon, NC Edneyville, NC Hendersonville, NC King, NC Saluda, NC
    Mountain Farmland Tract with Pastures
    Updated: Jun 28
    Mountain Farmland Tract with Pastures

    1194 Palmer Road, Mill Spring, NC 28756

    $5,225,000
    349.24 AC lot
    Nearly 350 acres of mountain land in the Blue Ridge foothills
    Two 2‑bedroom, 2‑bath homes on the property
    Water source: well
    Buried power infrastructure plus an existing network of well‑maintained roads from a paved public road
    Multiple pocket pastures, springs and creeks, with abundant wildlife
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    Unrestricted Land with Income Potential
    Updated: Nov 19, 2024
    Unrestricted Land with Income Potential

    82 Hwy 9 N, Mill Spring, NC 28756

    $2,250,000
    1,800 sqft 5.60 AC lot
    Prime location at a signalized intersection of Highway 9 and Highway 108.
    Substantial 5.33‑acre tract, a rare size for a property at a signalized State Highway intersection in Polk County.
    Unrestricted and unzoned land offering limitless potential for development or redevelopment.
    Existing infrastructure includes a commercial strip building (seven units), a 1,800 sq ft commercial building, and two residential units.
    Road frontage: Approximately 655' on SR 1368, 500' on Highway 9 and 860' on Highway 108.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 2 Active listings in Mill Spring, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Craftsman Duplex
    Updated Craftsman Duplex

    110 Grady Ave, Tryon, NC 28782

    $389,000
    2,236 sqft

    Two-unit residential property with refreshed major systems, original detailing, and flexible leasing potential subject to local regulations.

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    Mixed-Use Motel and Retail Property
    Mixed-Use Motel and Retail Property

    6080 Us 64 74a Hwy, Lake Lure, NC 28746

    $499,000
    4.00 AC lot

    Four-acre site with six buildings, including motel/short-term rental use and former ice cream and antique shop spaces.

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    Income-Producing Mobile Home Park
    Income-Producing Mobile Home Park

    3100 Peniel Road, Tryon, NC 28782

    $898,999
    840 sqft

    Established mobile home park with existing homes, tenant-owned lots, and an additional prepared pad.

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    Condominium Units in Lake Lure Resort
    Condominium Units in Lake Lure Resort

    747 Buffalo Creek Rd, Lake Lure, NC 28746

    Contact for pricing
    59,909 sqft

    68 condominium-style units within established resort, offered for sale.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Land Near Lake Adger
    Waterfront Land Near Lake Adger

    S Pointe Road lot: S 11/12, Mill Spring, NC 28756

    $274,900
    4.93 AC lot

    4.93 acres waterfront land with dock rights on Lake Adger.

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    Lake Adger Waterfront Lot
    Lake Adger Waterfront Lot

    Hawk Ridge Drive, Mill Spring, NC 28756

    $245,000
    1.41 AC lot

    Wooded lot with lake frontage, dock, and mountain views.

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    Signalized Strip Center
    Signalized Strip Center

    82 N Hwy9, Mill Spring, NC 28756

    $2,250,000
    10,100 sqft 5.60 AC lot

    Multi-unit commercial property with additional buildings, public water, and flexible unrestricted land use.

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    Land with Mountain Views
    Land with Mountain Views

    Hemlock Trail, Columbus, NC 28722

    $49,900
    2.72 AC lot

    2.72-acre lot in White Oak Mountain community.

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    Off-Market Properties in Mill Spring, NC

    Consider similar Off-Market properties in Mill Spring, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    66 School Rd
    GARDEN APT, COURT APT (5+ UNITS)

    66 School Rd, Mill Spring, NC 28756

    $300,000
    Estimated value
    1,015 sqft 0.69 AC lot
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    87 Wrenn Dr
    MOBILE HOME PARK, TRAILER PARK

    87 Wrenn Dr, Mill Spring, NC 28756

    $355,000
    Estimated value
    11.87 AC lot
    View details
    A R Thompson Rd
    Farms

    0 A R Thompson Rd, Mill Spring, NC 28756

    Value Estimation by Request
    3.64 AC lot
    View details
    99999 Sunnyview Dr
    Land

    99999 Sunnyview Dr, Mill Spring, NC 28756

    Value Estimation by Request
    83.65 AC lot
    View details
    1225 Ponder Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1225 Ponder Rd, Mill Spring, NC 28756

    $325,000
    Estimated value
    1,575 sqft 7.88 AC lot
    View details
    3508 Fox Mtn Rd
    CAMPGROUND, RV PARK

    3508 Fox Mtn Rd, Mill Spring, NC 28756

    $240,000
    Estimated value
    432 sqft 2.80 AC lot
    View details
    Off Sr
    MOBILE HOME PARK, TRAILER PARK

    Off Sr, Mill Spring, NC 28756

    $280,000
    Estimated value
    1,984 sqft 18.64 AC lot
    View details

    Mill Spring, NC Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Mill Spring, NC on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $7,475,000.

    Sale prices for residential income properties in Mill Spring, NC start at $2,250,000, averaging $3,737,500, and reaching up to $5,225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 1

    Demographics Overview

    Population 4,468
    Population Growth (5Y) -5.2%
    Median Household Income $54,112
    College Educated 28.1%

    High-Yield Neighborhoods for Investment

    Identify Mill Spring submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28756 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.64%
    Property Tax per SF $29.29 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

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