Unimproved Commercial at Mars Hill
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$450,000

Mars Hill, NC 28754
Listed by Darrell Metcalf · Likewise Commercial Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Prime Predevelopment Opportunity. With much of the horizontal preconstruction planning completed, this raw land opportunity allows an investor to capitalize on building equity early. A subject property plat has been recorded to accommodate a 20-unit duplex development. See attached plan and associated soil evaluation. Ideally positioned just 5 minutes from downtown Mars Hill and only 25 minutes to downtown Asheville, this site permits an end-product with convenient accessibility inside an expanding regional corridor.

Property details

MLS #
CAR4340996
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
73
On market date
February 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Mars Hill Elementary
1.43 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
497
Student:teacher ratio
13.4:1
District
Madison County Schools
Middle
Madison Middle School
10.33 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
439
Student:teacher ratio
11.6:1
District
Madison County Schools
High
Madison Early College High
7.96 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
271
Student:teacher ratio
27.1:1
District
Madison County Schools

Walkability

Blended score for Mars Hill's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

45
Somewhat walkable
out of 100
EPA National Walkability Index
7.7 / 20 -- Below average walkable
Google Places amenity density
55 / 100
Restaurants & cafes8
Grocery stores4
Parks0
Schools1
Transit stops0
Pharmacies3

Market position

How this listing compares to current activity in Mars Hill, from live MLS data.

On the market 73 days -- 281 fewer days than Mars Hill's current average of 354 days.
For reference, the median list price across 217 active listings in Mars Hill right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,860/mo
$90,000 down
$360,000 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.