41 Merrimon Ave Woodfin, NC 28804
This exceptional four-story, Class B retail center in Woodfin, NC, offers 40 suites totaling 469,577 square feet. Built in 2010, the property boasts 320 parking spaces and sits on 10.78 acres (APN: 9730-77-6740, Zoning: CS). Currently, multiple suites ranging from 1,200 to 2,442 square feet are available. Located in the Shops at Reynolds Village, this thriving mixed-use development benefits from a built-in customer base of nearly 98.5% occupied apartment units above the retail spaces. Its convenient location near I-26 and Weaverville Road, coupled with the presence of a YMCA and diverse existing businesses, creates a synergistic and walkable environment. Free parking is available directly in front of the shops, ensuring easy access for customers. This property presents a unique opportunity for businesses seeking a vibrant and established retail location in a rapidly growing area of North Asheville.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.