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Property profile

219 Merrimon Ave Asheville, NC 28801

OFF-MARKET
Breweries
Property ID
US53-1142025
7,482 SF 0.39 ac lot Built 1949
Entity Owned 2-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Breweries
Use group DISTILLERY, BREWERY, BOTTLING
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,482 SF
Lot 0.39 ac (16,988 SF)
Zoning code DEED DATE: 12/29/2000 DEE
APN 9649-44-0698-00000
UPID US53-1142025

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
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$685k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2019
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

DEED DATE: 12/29/2000 DEE · Asheville, NC
Top alternative use upside
Commercial (general) $1.9M +58.9%
Auto repair, garage $1.9M +58.5%
Medical building $1.7M +39.6%

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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