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    41-61 Merrimon Ave Woodfin, NC 28804

    • Retail properties
    • 12,958 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 41-61 Merrimon Ave

    Property size
    12,958 SF
    Property type
    Retail properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Woodfin
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5762
    Latitude
    35.641

    Comparable in this City

    • Value Estimation by Request
      469,577 SF

      41 Merrimon Ave

      Lifestyle centers • 469,577 SF
      41 Merrimon Ave, Woodfin, NC 28804
      View Details
    • Value Estimation by Request
      170 SF

      185 Macon Ave, Unit G1

      PARKING LOT • 170 SF
      185 Macon Ave, Asheville, NC 28804-3763
      View Details
    • Value Estimation by Request
      2,304 SF

      918 Merrimon Ave

      FINANCIAL BUILDING • 2,304 SF
      918 Merrimon Ave, Asheville, NC 28804-2360
      View Details
    • Value Estimation by Request
      1,500 SF

      991 Riverside Dr

      AUTO REPAIR, GARAGE • 1,500 SF
      991 Riverside Dr, Asheville, NC 28804-3135
      View Details
    • Value Estimation by Request
      3,032 SF

      204 Weaverville Rd

      TAKE-OUT RESTAURANT • 3,032 SF
      204 Weaverville Rd, Asheville, NC 28804-1228
      View Details
    • Value Estimation by Request
      4,668 SF

      283 Weaverville Rd

      AUTO REPAIR, GARAGE • 4,668 SF
      283 Weaverville Rd, Asheville, NC 28804-1245
      View Details

    Similar Nearby for Sale

    • $565,000
      0.13 Acres

      High-Traffic Asheville Commercial Property

      Freestanding building on Merrimon Avenue, suitable for retail or office.
      738 Merrimon Ave, Asheville, NC 28804
      View Details
    • Contact for pricing
      17,773 SF

      Freestanding Staples Asset For Sale

      Single-tenant Staples asset with corporate lease in Asheville, NC.
      65 Merrimon Ave, Asheville, NC 28804
      View Details
    • $2,800,000
      0.78 Acres

      Merrimon Avenue Retail Investment Opportunity

      Retail property with established businesses and high traffic location.
      853 Merrimon Ave, Asheville, NC 28804
      View Details
    • $350,000

      North Asheville Build-Ready Mountain View Lot

      1.26 acre lot with mountain views ready for building.
      145 Black Oak Dr, Asheville, NC 28804
      View Details
    • $885,240

      Merrimon Avenue Redevelopment Opportunity

      Four parcels with high visibility frontage, ideal for mixed-use redevelopment.
      498-506 Merrimon Ave, Asheville, NC 28804
      View Details
    • $349,000
      1.00 Acre

      Asheville Land with Mountain Views

      One-acre lot with unobstructed mountain views in established subdivision.
      8 English Hills Dr, Asheville, NC 28804
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      469,577 SF

      Merrimon Ave Retail Center

      North Asheville retail spaces available
      41 Merrimon Ave, Woodfin, NC 28804
      View Details
    • $17 SF/Yr
      1,681 SF

      Retail Space in Reynolds Village

      Retail suites available in a mixed-use development in North Asheville.
      61 N Merrimon Ave, Asheville, NC 28804
      View Details
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    41-61 Merrimon Ave
    Woodfin, NC 28804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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