Property profile

585 Merrimon Ave Asheville, NC 28804

OFF-MARKET
Drive through restaurants
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Property ID
US53-1373365
3,052 SF 0.88 ac Built 1985
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$13k
Tax billed · 2024
Assessed value$1.30M
Effective rate1.03%

Value estimate

· Nov 2026
$745k
$671k – $820k
Submarket $/SF estimate$1.71M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$375/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$160 – $560
Qualifying comparables3

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: 09/07/1984 DEE
JurisdictionBUNCOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.3
Auto Parts Store10.8
HVAC Service10.6

Location

585 Merrimon Ave Asheville, NC 28804-3422
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
961 Merrimon, Asheville, NC 28804-2304 $705,000 Jun 2024 1,530 SF
127 Weaverville, Asheville, NC 28804-1225 $1,839,500 Apr 2024 2,018 SF
711 Merrimon, Asheville, NC 28804-2414 $1,082,500 Dec 2023 5,071 SF
1459 Merrimon, Asheville, NC 28804-1340 $30,000 Feb 2023 3,604 SF
873 Merrimon, Asheville, NC 28804-2404 $1,800,000 Oct 2022 2,574 SF
204 Weaverville, Asheville, NC 28804-1228 $500,000 Oct 2019 3,032 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
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Includes: Price & PSF · Cap rate · Location · Zoning

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