Property profile

1435 Merrimon Ave Asheville, NC 28804

OFF-MARKET
Turn key restaurants
Property ID
US53-1489613
5,436 SF 0.56 ac lot Built 1960
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction CONCRETE BLOCKS
Total area 5,436 SF
Lot 0.56 ac (24,394 SF)
Zoning code DEED DATE: 09/11/1980 DEE
APN 9730-95-0925-00000
UPID US53-1489613

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1435 Merrimon Ave Asheville, NC 28804-1303
Asheville metro Census 1601 ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$868k
Blend (final) Blend
$555k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

DEED DATE: 09/11/1980 DEE · Asheville, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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