Property profile

840 Merrimon Ave Asheville, NC 28804

OFF-MARKET
Turn key restaurants
Property ID
US53-2026676
1,810 SF 0.3 ac lot Built 1974
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Construction CONCRETE BLOCKS
Total area 1,810 SF
Lot 0.3 ac (13,068 SF)
Zoning code DEED DATE: 01/08/2010 DEE
APN 9740-42-3102-00000
UPID US53-2026676

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
  • Bakery Specialty Food Shop

Location

840 Merrimon Ave Asheville, NC 28804-2405
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
$853k
Blend (final) Blend
$425k

Owner & transaction history

since 2010
2 recorded transactions
2010
Price N/A
2007
Price N/A

Zoning & alternative use

DEED DATE: 01/08/2010 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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