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Market Trends
Property profile

1453 Merrimon Ave Asheville, NC 28804

OFF-MARKET
Breweries
Property ID
US53-0811451
3,200 SF 0.24 ac lot Built 1983
Last sale Feb 2021 · $499,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a neighborhood retail center in Asheville, North Carolina, located at 1453 Merrimon Avenue on Merrimon Avenue. It is configured as a four-unit retail building with separate utilities, allowing the space to operate with multiple tenants. The existing tenant occupies the property in full, and the site is arranged for multi-tenant retail use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$318k
Effective rate0.93%

Value estimate

· Nov 2026
$375k
$338k – $413k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$109 – $254

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DEED DATE:02/10/2021 DEED
JurisdictionBUNCOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.7
HVAC Service11.5
Building Supply11.4

Location

1453 Merrimon Ave Asheville, NC 28804-1340
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
508 Merrimon, Asheville, NC 28804-6624 $640,000 Jul 2024 2,205 SF
841 Merrimon, Asheville, NC 28804-2404 $2,500,000 Apr 2021 15,297 SF
458 Weaverville, Asheville, NC 28804-1121 $1,560,500 Dec 2019 9,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $345,000
    3,186 SF
    190 Weaverville Rd
    DISTILLERY, BREWERY, BOTTLING
    190 Weaverville Rd, Asheville, NC 28804-1259
    View Details
  • Value Estimation
    $365,000
    3,365 SF
    178 Weaverville Rd
    DISTILLERY, BREWERY, BOTTLING
    178 Weaverville Rd, Asheville, NC 28804-1238
    View Details
  • Value Estimation
    $455,000
    3,492 SF
    174 Weaverville Rd
    DISTILLERY, BREWERY, BOTTLING
    174 Weaverville Rd, Asheville, NC 28804-1238
    View Details
  • Value Estimation
    $465,000
    2,580 SF
    311 Weaverville Rd
    DISTILLERY, BREWERY, BOTTLING
    311 Weaverville Rd, Asheville, NC 28804-1229
    View Details
  • Value Estimation
    $465,000
    4,272 SF
    146 Weaverville Rd
    DISTILLERY, BREWERY, BOTTLING
    146 Weaverville Rd, Asheville, NC 28804-1238
    View Details
  • Value Estimation
    $640,000
    2,205 SF
    508 Merrimon Ave
    DISTILLERY, BREWERY, BOTTLING
    508 Merrimon Ave, Asheville, NC 28804-6624
    View Details

Similar in This City for Sale

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  • Contact for pricing
    10,000 SF
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    Approx 9,000 SF warehouse plus 1,000 SF office on COA Highway Business zoning with parking and arterial access.
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    View Details
  • New
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    View Details
  • New
    $267,913
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    Combined retail and warehouse improvements support users needing customer-facing space alongside distribution or operational capacity.
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  • $2,000,000
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  • New
    Contact for pricing
    15,150 SF
    Flex Space with Two Loading Doors
    A heated and cooled private office provides separate administrative space alongside the warehouse area.
    1100 W Chapel Road #10, Asheville, NC 28803
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Similar in This City for Lease

  • $22 SF/Yr
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    Office and warehouse space with dedicated reception, private offices, meeting rooms, and access to shared parking.
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  • New
    $66,000/Mo
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  • New
    $19 SF/Yr
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  • $19 SF/Yr
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  • $11,554/Mo
    7,110 sqft
    Flex Space with High Dock
    Office-oriented flex space includes private offices, a conference room, lobby, showroom area, and warehouse support.
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  • $6,781/Mo
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    Renovated Warehouse Suite with Loading
    Updated industrial space with drive-in and dock-high loading, dedicated parking, and access to Asheville’s commercial corridor.
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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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