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Prime 18+ acre commercial opportunity located on US Hwy 23 in the highly desirable Wolf Laurel area of Mars Hill, NC less than one mile from I-26 Exit 3. Positioned at the last North Carolina exit before Tennessee, this high-visibility property captures consistent year-round traffic from tourists, outdoor enthusiasts, and locals alike. Surrounded by popular mountain attractions including skiing, hiking trails, cabins, and scenic retreats, the location offers exceptional accessibility to Mars Hill, Weaverville, Asheville, and Johnson City, TN. The property features multiple cleared and leveled build-ready areas, making it ideal for a variety of development opportunities including retail, restaurant, boutique hotel, Airbnb community, campground, or mixed-use investment. Strong short-term rental demand and excellent highway exposure add to the property's outstanding potential. Additional improvements include spring water on site, as well as existing well and septic. Easy access, strong visibility, and growing tourism in the area make this a rare investment opportunity in Western North Carolina. Whether you're an investor, developer, or entrepreneur, this property is ready for your vision.

Highlights

  • Commercial Sale
  • Unimproved Land
  • 712 days on Market

  • Foundation
    None

  • Lot Features
    Wooded, Rolling Slope, Sloped, Views
  • View
    Mountain(s)
  • Water
    Spring, Well

  • County
    Madison
  • City
    Mars Hill
  • Zip Code
    28754

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Frequently Asked Questions

How do I schedule a tour of ?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to .

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about ?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $500,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Mars Hill, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for ?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for at around $2,845. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy ?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for ?

In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Mars Hill's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on ?

We can handle that for you. Our preferred local agent specializes in commercial sales in Mars Hill and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

was listed on December 02, 2024, which means it's been on the market for 712 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

Is still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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 deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Canopy MLS. All rights reserved.

Last Updated: November 14, 2026 at 03:05AM | Source: Canopy MLS | MLS#: 4203989