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32 School House Road, Mills River, NC 28759

$5,550,160
  • 32 School House Road, Mills River, NC 28759 Main Photo

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Active Under Contract
MLS#4329922
STATUSActive Under Contract PROPERTY TYPECommercial - Industrial

Property 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 Hou

32 School House Road | MLS# 4329922

This commercial property located at 32 School House Road, Mills River, NC 28759 is currently listed for sale with an asking price of $5,550,160. Search Mills River real estate on ericm.lakenormanrealty.com today.

Property Features

Property Type: Commercial - Industrial
Basement: Other
Lot Size: 63.07 Acres
Year Built: 1850

Feature Descriptions

Days on Site: 162
Flood Plain: Yes
Foundation: None
Lot: Cleared, Creek Front, Crops, Flood Fringe Area, Level, Creek/Stream, Wooded
Other Structures: Barn(s)
Parcel#: 800443
Special View Info: Long Range, Mountain(s), Year Round

Listed By / Shown By

Listed By

Agency Name: Keller Williams Mtn Partners, LLC
Agency Contact: davidleeteam@gmail.com

Shown By

Agent Name: Eric McCauley
Agent Phone: (704) 754-3796
Agency Title: Lake Norman Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/16/2026. The listing information on this page last changed on 07/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/16/2026 1:37:44 PM EST) or Canopy MLS (last updated Thu 07/16/2026 1:28:02 PM EST) or Triad MLS (last updated Thu 07/16/2026 1:36:45 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Listings courtesy of Canopy MLS as distributed by MLS GRID.

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