Residential Income

Mill Spring, NC Residential Income Properties for Sale

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Unrestricted Land with Income Potential
Updated: Nov 25, 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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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 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.

Two-Home Live-Work or Rental Property
Two-Home Live-Work or Rental Property

2800 Coxe Road, Tryon, NC 28782

$670,000
1.16 AC lot

Two spacious homes on one parcel with open floor plans, offering flexible options for residential or live-work use.

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Craftsman Duplex in Prime Location
Craftsman Duplex in Prime Location

110 Grady Avenue, Tryon, NC 28782

$389,000
0.34 AC lot

Income-generating Craftsman duplex with recent updates in Tryon, NC.

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Mobile Home Park with Multiple Units
Mobile Home Park with Multiple Units

Elijah Circle, Columbus, NC 28722

$799,000
13.18 AC lot

Mobile home park with six homes on two included parcels, each with its own driveway, and potential for additional units.

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Equestrian Estate in Polk County
Equestrian Estate in Polk County

820 Phillips Road, Columbus, NC 28722

$2,600,000

48.51-acre estate with renovated home and equestrian potential.

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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.

Highway Corner Commercial Opportunity
Highway Corner Commercial Opportunity

82 N Hwy9, Mill Spring, NC 28756

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

Unrestricted 5.33 acres with commercial buildings and residential units.

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Unrestricted Land with Mountain Views
Unrestricted Land with Mountain Views

Levi Road, Columbus, NC 28722

$249,000
8.03 AC lot

8.03 acres of unrestricted land with mountain views.

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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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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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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

Value Estimation by Request
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

Value Estimation by Request
11.87 AC lot
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A R Thompson Rd
Farms

0 A R Thompson Rd, Mill Spring, NC 28756

Value Estimation by Request
3.64 AC lot
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99999 Sunnyview Dr
Land

99999 Sunnyview Dr, Mill Spring, NC 28756

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

1225 Ponder Rd, Mill Spring, NC 28756

Value Estimation by Request
1,575 sqft 7.88 AC lot
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3508 Fox Mtn Rd
CAMPGROUND, RV PARK

3508 Fox Mtn Rd, Mill Spring, NC 28756

Value Estimation by Request
432 sqft 2.80 AC lot
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Off Sr
MOBILE HOME PARK, TRAILER PARK

Off Sr, Mill Spring, NC 28756

Value Estimation by Request
1,984 sqft 18.64 AC lot
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Mill Spring, NC Residential Income Properties Market Trends and Statistics

Explore 8 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 $2,250,000.

Sale prices for residential income properties in Mill Spring, NC start at $2,250,000, averaging $2,250,000, and reaching up to $2,250,000 — 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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