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Flexible Investment Opportunity in Mills River, NC

$4,500,000

Description

This rare flexible investment opportunity is located in the desirable Asheville, NC submarket, Mills River, NC. This +/- 20 acre property is zoned General Business (MR-GB) and has on-site Sewer, Electric, and Water. Over 900' of frontage on high trafficked Haywood Rd (NC 191) that's expanding to a 5-lane Highway by 2025 (+/-0.749 acres reduction on lot), from the Intersection of Nc-191 & Nc-280 with a combined daily traffic volume of Over 30k AADT. Zoned as general business with potential for versatile use (MR-GB), this could be ideal for self-storage, general commercial, retail, medical office, and mixed use pending an engineer survey and city zoning approvals. +/- 7 acres filled and rough graded, +/- 10 acres fillable for further development, +/-3 acres located in floodway, 320" of river frontage on Mills River. Approximately 19 miles from downtown Asheville, NC. Approximately 8 miles to downtown Hendersonville, NC.

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Engel & Völkers

Your advisor: Trish Luzzi

Property ID: AM-5026212

Property details

Property type

Land

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