Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    892 Merrimon Ave Asheville, NC 28804-2405

    • Banks
    • 2,752 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0064153
    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.

    Current Use by Public Records

    • Bank of America ATM (Drive-thru) / Atm
    • Mortgage, Bank of America / Mortgage Lender / Mortgage Broker
    • Bank of America (with Drive-thru ATM) / Financial Planner / Bank

    Property Details for 892 Merrimon Ave

    Year built
    1973
    Construction
    METAL FRAME
    Lot size
    0.37 lot acres
    Property size
    2,752 SF
    Zone code
    DEED DATE:01/23/2017 DEED
    Property type
    Banks
    APN
    9740-42-4701-00000
    APU
    974042470100000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.553
    Latitude
    35.6289
    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
    $8,013
    $0.00
    $0.00
    $775,600
    -
    $443,200
    $332,400
    $775,600

    Comparable in this City

    • Value Estimation by Request
      2,304 SF

      918 Merrimon Ave

      FINANCIAL BUILDING • 2,304 SF
      918 Merrimon Ave, Asheville, NC 28804-2360
      View Details
    • Value Estimation by Request
      7,914 SF

      701 Broadway St

      FINANCIAL BUILDING • 7,914 SF
      701 Broadway St, Asheville, NC 28804-3237
      View Details
    • Value Estimation
      $980,000
      5,071 SF

      711 Merrimon Ave

      FINANCIAL BUILDING • 5,071 SF
      711 Merrimon Ave, Asheville, NC 28804-2414
      View Details
    • Value Estimation by Request
      5,467 SF

      625 Merrimon Ave

      FINANCIAL BUILDING • 5,467 SF
      625 Merrimon Ave, Asheville, NC 28804-3409
      View Details
    • Value Estimation by Request
      8,139 SF

      800 Merrimon Ave

      FINANCIAL BUILDING • 8,139 SF
      800 Merrimon Ave, Asheville, NC 28804-2417
      View Details
    • Value Estimation by Request
      3,012 SF

      850 Merrimon Ave

      FINANCIAL BUILDING • 3,012 SF
      850 Merrimon Ave, Asheville, NC 28804-2405
      View Details

    Similar Nearby for Sale

    • $565,000
      0.13 Acres

      High-Traffic Asheville Commercial Property

      Freestanding building on Merrimon Avenue, suitable for retail or office.
      738 Merrimon Ave, Asheville, NC 28804
      View Details
    • $2,800,000
      0.78 Acres

      Merrimon Avenue Retail Investment Opportunity

      Retail property with established businesses and high traffic location.
      853 Merrimon Ave, Asheville, NC 28804
      View Details
    • Contact for pricing
      17,773 SF

      Freestanding Staples Asset For Sale

      Single-tenant Staples asset with corporate lease in Asheville, NC.
      65 Merrimon Ave, Asheville, NC 28804
      View Details
    • $885,240

      Merrimon Avenue Redevelopment Opportunity

      Four parcels with high visibility frontage, ideal for mixed-use redevelopment.
      498-506 Merrimon Ave, Asheville, NC 28804
      View Details
    • $249,999

      Mountain View Build-Ready Land

      1.26-acre lot with sweeping mountain views in North Asheville.
      145 Black Oak Dr, Asheville, NC 28804
      View Details
    • $875,000
      0.23 Acres

      Asheville Multifamily with Mountain Views

      Newer construction duplex with rental income potential near Beaver Lake.
      17 Elkmont Ter, Asheville, NC 28804
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      1,681 SF

      Retail Space in Reynolds Village

      Retail suites available in a mixed-use development in North Asheville.
      61 N Merrimon Ave, Asheville, NC 28804
      View Details
    • $17 SF/Yr
      469,577 SF

      Merrimon Ave Retail Center

      North Asheville retail spaces available
      41 Merrimon Ave, Woodfin, NC 28804
      View Details

    Property Visit Statistics

    • Visits by month
      6.8k
    • Visitors by month
      4.1k
    • Avg Time on site
      8 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    892 Merrimon Ave
    Asheville, NC 28804-2405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.