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32 School House Rd, Mills River, NC 28759
32 School House Rd, Mills River, NC 28759
32 School House Rd, Mills River, NC 28759
32 School House Rd, Mills River, NC 28759
32 School House Rd, Mills River, NC 28759
32 School House Rd, Mills River, NC 28759
32 School House Rd, Mills River, NC 28759

32 School House Rd Mills River, NC 28759

$5,550,160

ACTIVE UNDER CONTRACT
Beds
Baths
Sqft
Acres
63.07
Year
1850
Days on Site
69
Property Type
Commercial Sale
Sub Type
Industrial
Per Square Foot
$5,550,160
Date Listed
Feb 2, 2026

Description of 32 School House Rd, Mills River, NC 28759

Listing details for 32 School House Rd, Mills River, NC 28759 : 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.
Listing Updated : 02-05-2026 at 2:32 PM EST
Listing Provided By : David Lee, 828-290-1000, Keller Williams Mtn Partners, LLC
Source :

canopymls as distributed by MLS GRID, MLS#: CAR4329922

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Based on information submitted to the MLS GRID as of 2026-04-14 at 7:15 a.m. EDT. 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

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