Property profile

505 Merrimon Ave Asheville, NC 28804

OFF-MARKET
Drive through restaurants
Property ID
US53-1495347
1,400 SF 0.22 ac lot Built 1949
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,400 SF
Lot 0.22 ac (9,583 SF)
Zoning code DEED DATE: 05/15/2009 DEE
APN 9649-37-7998-00000
UPID US53-1495347

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
  • Cafe & Coffee Shop Take-out & Catering

Location

505 Merrimon Ave Asheville, NC 28804-3407
Asheville metro Census 400 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
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

DEED DATE: 05/15/2009 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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