32 School House Rd | Image 1
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$5,550,160

4 days ago

0 Bed

0 Bath

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MLS® 4329922

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 4
Approx. Age 1850
MLS® Number 4329922

Property Address: 32 School House Rd, Mills River, NC, 28759-9712

Average square foot calculated using Size range provided by listing agent.

Description

Presenting an exceptional 63-acre commercial development opportunity in the heart of Mills River, North Carolina. One of Western North Carolina’s fastest-growing and most strategically positioned commercial and industrial markets. Located at 32 School House Road, this expansive tract offers a unique combination of scale, zoning versatility, access to public utilities, and proximity to major regional transportation assets. Zoned MR-NC (Neighborhood Commercial), the property supports a wide array of commercial, service-oriented, and mixed-use development possibilities, with the potential for rezoning or conditional approvals for larger commercial or industrial concepts. This flexibility makes the site highly attractive for investors, developers, and end-users seeking a significant presence in a market experiencing sustained industrial and commercial demand. A key feature that sets this property apart is the availability of public water and sewer located adjacent to the tract—a rarity in Mills River, where many large parcels lack utility access. The presence of municipal utilities greatly enhances the development potential and substantially reduces upfront infrastructure costs. The land itself is primarily flat and usable, offering broad, functional acreage suitable for commercial campuses, retail and service centers, flex-industrial development, warehousing, light manufacturing, logistics, research facilities, or mixed-use clusters, subject to Town of Mills River requirements and approvals. The site’s layout and topography provide numerous options for phased development, subdivision, or a single large-scale commercial project. Mills River has emerged as a powerhouse for industrial and commercial activity due to its central location between Asheville, Hendersonville, and Brevard, as well as its immediate proximity to Interstate 26, U.S. 280, and the Asheville Regional Airport. National and international companies—including Sierra Nevada Brewing, Amazon, FedEx, Pepsi, GF Linamar, and others have invested heavily in this corridor, drawn by excellent transportation access, a stable workforce, logistics advantages, and a pro-business regulatory environment. Industrial and commercial land absorption in Mills River has outpaced supply for years, creating strong long-term value and making large contiguous tracts with utility access increasingly scarce. An old 1850’s colonial home remains on the property; however, it is considered to have no contributory value and is not expected to affect redevelopment plans. The highest and best use of the site lies overwhelmingly in its commercial and industrial potential. With its combination of location, visibility, access, utilities, and sheer acreage, this property represents one of the most compelling development opportunities currently available in Western North Carolina. Whether your vision is a corporate campus, industrial park, commercial center, or an investment hold for future appreciation, 32 School House Road delivers the fundamentals that developers and end-users seek—location strength, infrastructure, zoning flexibility, and market momentum. This is a rare chance to control a legacy-sized tract in a thriving commercial hub poised for continued long-term growth.
MLS® Number4329922
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1850
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Price History

-End Date
Not Sold YetSold Price

Other

Feb 2, 2026List Date
$5,550,160List Price
  • Commute

Commute

Starting Address
Destination Address
32 School House Rd, Mills River, NC

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