167 Merrimon Ave Asheville, NC 28801
This exceptional commercial land parcel, encompassing 3,600 square feet, presents a unique investment opportunity in the vibrant city of Asheville, North Carolina. Situated at 167 Merrimon Avenue, this single-tenant property offers significant potential for various commercial ventures. The lot size is 3,600 square feet, providing ample space for development or expansion. The property's location in Buncombe County, with a zip code of 28801, places it within easy reach of Asheville's thriving business district and its diverse population. The property is classified as commercial land with a single tenancy, making it an attractive option for businesses seeking a dedicated space. The total building square footage is also 3,600 square feet, suggesting the possibility of a single, substantial structure already in place or the potential for new construction tailored to specific business needs. This property's strategic location and generous size make it an ideal platform for entrepreneurs and investors seeking a foothold in Asheville's dynamic commercial landscape. The address is easily accessible and visible, offering excellent exposure for any business operating from this location. Further investigation into zoning regulations and development possibilities is encouraged to fully explore the potential of this valuable asset.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.