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    Property profile & analytics

    391 Merrimon Ave Asheville, NC 28801-1223

    • Breweries
    • 4,000 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-2063397
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Points of Light Crystal and Mineral Gallery / Rock Shop / Gift Shop

    Property Details for 391 Merrimon Ave

    Year built
    1976
    Construction
    STEEL FRAME
    Lot size
    0.27 lot acres
    Property size
    4,000 SF
    Zone code
    DEED DATE:12/30/2019 DEED
    Property type
    Breweries
    APN
    9649-36-6861-00000
    APU
    964936686100000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5548
    Latitude
    35.6126
    CBSA code
    11700
    CBSA name
    ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,527
    $0.00
    $0.00
    $631,800
    -
    $323,400
    $308,400
    $631,800

    Comparable in this City

    • Value Estimation by Request
      8,280 SF

      23 Hamilton St

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      80 Charlotte St

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      10,180 SF

      144 Biltmore Ave

      DISTILLERY, BREWERY, BOTTLING • 10,180 SF
      144 Biltmore Ave, Asheville, NC 28801-4117
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    • Value Estimation by Request
      1,050 SF

      336 Merrimon Ave

      DISTILLERY, BREWERY, BOTTLING • 1,050 SF
      336 Merrimon Ave, Asheville, NC 28801
      View Details
    • Value Estimation by Request
      7,922 SF

      75 Victoria Rd

      DISTILLERY, BREWERY, BOTTLING • 7,922 SF
      75 Victoria Rd, Asheville, NC 28801-4419
      View Details
    • Value Estimation
      $7,675,000
      3,280 SF

      174 Merrimon Ave

      DISTILLERY, BREWERY, BOTTLING • 3,280 SF
      174 Merrimon Ave, Asheville, NC 28801-1873
      View Details

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    Property Visit Statistics

    • Visits by month
      21.9k
    • Visitors by month
      11.9k
    • Avg Time on site
      7 min
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    391 Merrimon Ave
    Asheville, NC 28801-1223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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