For Sale
$1

564 Mills Gap RdFletcher, NC 28732

22-Acre Commercial Parcel, $1 Auction

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 22.06-acre commercial land parcel presents a unique investment opportunity. Located in Fletcher, North Carolina, adjacent to 564 Mills Gap Road and behind a Dollar General, this property boasts high visibility and accessibility from both Burney Mountain Road and Mills Gap Road, experiencing approximately 4,187 vehicles per day. Situated just five miles east of Asheville Regional Airport, it benefits from its strategic location within a thriving commercial corridor, including logistics and other commercial properties. The property is also conveniently located near the Village at Windstone, a gated community of high-value single-family homes. Zoned M-1 (Manufacturing District), this versatile land allows for a wide range of uses, including mini-warehouses, storage facilities, retail spaces, banks, professional services, and restaurants. Fletcher's growth trajectory is promising, with a projected 3.79% population increase within a five-mile radius from 2024 to 2029. The area's strong demographics include a population of approximately 48,304 residents and an average household income of approximately $92,794 within a five-mile radius. This property is being offered via an absolute $1 auction with no reserve, taking place November 4-6, 2024. This presents a rare chance to acquire significant acreage in a rapidly developing area with favorable zoning and excellent access. Due diligence documents are available.

Highlights

  • Absolute $1 auction, no reserve.
  • 22.06-acre parcel adjacent to Dollar General in the Asheville MSA, with 4,187 vehicles per day (VPD) and frontage on two roads.
  • 5-mile radius projects 3.79% population growth (2024-2029) and is 5 miles from Asheville Regional Airport.
  • Strong demographics within a 5-mile radius: ~48,304 population and ~$92,794 average annual household income.
  • M-1 zoning allows flexible uses including mini-warehouse, storage, retail, banks, professional services, and restaurants.

Property Details for 564 Mills Gap Rd

Property type
Land
Lot Size (sq. ft)
960,934 SF

Location Insight

City
Fletcher
County
Henderson
State
North Carolina
Latitude
35.442361264332
Longitude
-82.475757637454
564 Mills Gap Rd, Fletcher, North Carolina

FAQs

What type of property is this?
Land - 22-Acre Commercial Parcel, $1 Auction
Where is the land located?
The property is located at 564 Mills Gap Rd Fletcher, NC.
What is the asking price?
The asking price for this property is $1.
What are key features of this property?
This property features: Absolute $1 auction, no reserve.; 22.06-acre parcel adjacent to Dollar General in the Asheville MSA, with 4,187 vehicles per day (VPD) and frontage on two roads.; 5-mile radius projects 3.79% population growth (2024-2029) and is 5 miles from Asheville Regional Airport.
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564 Mills Gap Rd
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