825 Merrimon Ave Asheville, NC 28804-2464
Property profile & analytics
825 Merrimon Ave, Asheville, NC 28804-2464
- Strip malls
- 9,772 SF
- 0.97 lot acres
Property ID
US53-0048153
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.
Location Intelligence
Current Use by Public Records
- Buncombe Home Watch / Property Management Company / Service Establishment
- De Santana Stone Co Inc / Building Supply
- Carolina Eye Care On Merrimon / Physician
- the Center for Healthy Aging / Crisis Center / Medical Clinic
- Fast Freight Services Inc / Freight Service / Logistics Company
Property Details for 825 Merrimon Ave
- Year built
- 1996
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.97 lot acres
- Zone code
- DEED DATE: 02/26/1999 DEE
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 9740-41-4879-00000
- APU
- 974041487900000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 29, 2021 | $1,950,000 | M&m Valley Investments LP | Groce Properties LLC | Special Warranty Deed | — |
| Jan 14, 2021 | $565,500 | Amarx Construction LLC | At Arabella Heights L Pinnacle | Warranty Deed | $2M · First Nat'l Bk/pa |
| Dec 30, 2020 | — | Amarx Construction LLC | — | Deed · related | — |
| Dec 2, 2020 | — | Owners Crayton P | Amarx Construction LLC | Warranty Deed · related | — |
| — | — | Amarx Construction LLC | — | Deed Of Trust · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,470,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,275,000
- 6.5%
- $2,100,000
- 7%
- $1,950,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,662,000
- AI Estimate
- $1,662,000
Market price range: $814k - $3.33MMarket price range: $814k - $3.33M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,680,000 Current use
- AUTO REPAIR, GARAGE
- $2,505,000 Change: +49% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,355,000 Change: +40% Conversion: Easy
- MEDICAL BUILDING
- $2,205,000 Change: +31% Conversion: Difficult
- RETAIL STORES
- $1,965,000 Change: +17% Conversion: Easy
- OFFICE BUILDING
- $1,885,000 Change: +12% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Asheville
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.5527
- Latitude
- 35.6267
- 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
$16,358
$0.00
$0.00
$1,583,400
-
$1,162,000
$421,400
$1,583,400
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month1.9k
-
Visitors by month1.5k
-
Avg Time on site14 min
