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    Property profile & analytics

    90 Merrimon Ave Asheville, NC 28801-2323

    • Retail space
    • 875 SF
    • 5.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-2207156
    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

    • Retail space

    Property Details for 90 Merrimon Ave

    Year built
    1929
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.25 lot acres
    Property size
    875 SF
    Zone code
    DEED DATE: 09/01/2006 DEE
    Property type
    Retail space
    APN
    9649-32-7813-00000
    APU
    964932781300000

    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
    -82.5541
    Latitude
    35.6019
    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
    $70,525
    $0.00
    $0.00
    $6,826,500
    -
    $4,459,500
    $2,367,000
    $6,826,500

    Comparable in this City

    • Value Estimation by Request
      7,042 SF

      114 Lexington Ave

      Individual retail properties • 7,042 SF
      114 Lexington Ave, Asheville, NC 28801
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    • Value Estimation by Request
      15,040 SF

      16 College St

      RETAIL STORES (PERSONAL SERVICES) • 15,040 SF
      16 College St, Asheville, NC 28801-2803
      View Details
    • Value Estimation by Request
      650 SF

      68 College St

      RETAIL STORES (PERSONAL SERVICES) • 650 SF
      68 College St, Asheville, NC 28801-2912
      View Details
    • Value Estimation by Request
      3,276 SF

      39 Biltmore Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,276 SF
      39 Biltmore Ave, Asheville, NC 28801-3603
      View Details
    • Value Estimation by Request
      15,141 SF

      19 Biltmore Ave

      RETAIL STORES (PERSONAL SERVICES) • 15,141 SF
      19 Biltmore Ave, Asheville, NC 28801-3603
      View Details
    • Value Estimation by Request
      12,810 SF

      40 Biltmore Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,810 SF
      40 Biltmore Ave, Asheville, NC 28801-3625
      View Details

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    Similar Nearby for Lease

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    • $2,811 /Mo
      1,022 SF

      Downtown Asheville Commercial Condo Space

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      View Details

    Property Visit Statistics

    • Visits by month
      11.6k
    • Visitors by month
      1.1k
    • Avg Time on site
      18 min
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    90 Merrimon Ave
    Asheville, NC 28801-2323
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    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
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