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    65 Merrimon Ave Asheville, NC 28801
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    Property profile & analytics

    65 Merrimon Ave Asheville, NC 28801


    • Breweries
    • 17,865 SF
    • 1.23 lot acres
    Freestanding Staples Asset For Sale For Sale
    $4,820,000
    17,773 SF

    Freestanding Staples Asset For Sale

    Single-tenant Staples asset with corporate lease in Asheville, NC.

    65 Merrimon Ave, Asheville, NC
    View Listing
    Property ID
    US53-0296346
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dear Mama God / Association Or Organization
    • Staples Travel Services / (Bike/Boat/Book/etc) Store
    • CANNA NC / (Bike/Boat/Book/etc) Store
    • Staples Print & Marketing Services / (Bike/Boat/Book/etc) Store / Printing Service
    • Basecamp Consulting / Consultant

    Property Details for 65 Merrimon Ave

    Year built
    2005
    Construction
    BRICK
    Lot size
    1.23 lot acres
    Property size
    17,865 SF
    Zone code
    DEED DATE:09/21/2017 DEED
    Property type
    Breweries
    APN
    9649-42-0673-00000
    APU
    964942067300000

    Description

    This exceptional investment opportunity presents a 17,773-square-foot, single-tenant, Class A shopping center in Asheville, North Carolina. The property, built in 2005, is 100% occupied by a Staples store under a sale-leaseback agreement, offering a secure, long-term income stream backed by a corporate guarantee. Situated on a 1.23-acre lot at 65 Merrimon Ave, Asheville, NC 28801, this strategically located asset benefits from exceptional demographics. The trade area boasts a population exceeding 135,000, with over 50,000 residents within a 3-mile radius and over 100,000 within a 5-mile radius. Average household incomes within these radii are over $107,000 and $100,000 respectively. The property enjoys a prominent position on a major retail corridor experiencing over 19,000 vehicles per day, and has seen a 5.8% increase in visitor traffic over the past five years. This fee-simple ownership offers a rare chance to acquire a top-performing Staples location in a highly desirable infill site. The single-story building sits on a 1.23-acre lot. This is a unique opportunity to acquire a stable, high-performing asset with significant long-term potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,541,000
      Market price range: $1.95M - $4.54M
      AI Estimate
      $4,541,000
      Market price range: $1.95M - $4.54M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,695,000
      COMMERCIAL (GENERAL)
      $4,590,000
      AUTO REPAIR, GARAGE
      $4,580,000
      MEDICAL BUILDING
      $4,030,000
      RETAIL STORES
      $3,355,000
      OFFICE BUILDING
      $3,310,000
      NEIGHBORHOOD: SHOPPING CENTER
      $3,075,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5529
    Latitude
    35.6012
    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
    $37,072
    $0.00
    $0.00
    $3,588,400
    -
    $2,089,600
    $1,498,800
    $3,588,400
    View Listing
    More about this property
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