Property profile

712 Merrimon Ave Asheville, NC 28804

OFF-MARKET
Commercial real estate
Property ID
US53-1863722
3,744 SF 0.47 ac lot Built 1968
Entity Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Construction BRICK
Total area 3,744 SF
Lot 0.47 ac (20,473 SF)
Zoning code DEED DATE: 12/22/1967 DEE
APN 9740-30-7788-00000
UPID US53-1863722

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
  • Big Box & Wholesale Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store

Location

712 Merrimon Ave Asheville, NC 28804-2450
Asheville metro Census 1601 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
$1.12M
Blend (final) Blend
$680k

Owner & transaction history

Zoning & alternative use

DEED DATE: 12/22/1967 DEE · Asheville, NC
Top alternative use upside
Auto repair, garage $960,000 +6.4%

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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