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    Property profile & analytics

    944 Merrimon Ave Asheville, NC 28804-2360

    • Commercial real estate
    • 45,212 SF
    • 2.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1366192
    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

    • The Fresh Market / Supermarket / American Grocery Store

    Property Details for 944 Merrimon Ave

    Year built
    1963
    Construction
    BRICK
    Lot size
    2.87 lot acres
    Property size
    45,212 SF
    Zone code
    DEED DATE: 07/16/1973 DEE
    Property type
    Commercial real estate
    APN
    9740-43-1380-00000
    APU
    974043138000000

    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
    -82.5539
    Latitude
    35.6307
    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
    $52,708
    $0.00
    $0.00
    $5,101,900
    -
    $2,750,400
    $2,351,500
    $5,101,900

    Comparable in this City

    • Value Estimation by Request
      0.31 Acres

      498- Merrimon Ave

      Land • 0.31 Acres
      498- Merrimon Ave, Asheville, NC 28804
      View Details
    • Value Estimation by Request
      3.03 Acres

      99999 Reynolds Mountain Blvd

      Land • 3.03 Acres
      99999 Reynolds Mountain Blvd, Woodfin, NC 28804
      View Details
    • Value Estimation by Request
      0.32 Acres

      211 Weaverville Rd

      COMMERCIAL (GENERAL) • 0.32 Acres
      211 Weaverville Rd, Asheville, NC 28804-1243
      View Details
    • Value Estimation by Request
      39,366 SF

      170 Windsor Rd

      COMMERCIAL (GENERAL) • 39,366 SF
      170 Windsor Rd, Asheville, NC 28804-1644
      View Details
    • Value Estimation by Request
      45,308 SF

      50 Merrimon Ave

      COMMERCIAL (GENERAL) • 45,308 SF
      50 Merrimon Ave, Asheville, NC 28804-1383
      View Details
    • Value Estimation by Request
      2,400 SF

      1070 Riverside Dr

      COMMERCIAL (GENERAL) • 2,400 SF
      1070 Riverside Dr, Asheville, NC 28804-3016
      View Details

    Similar Nearby for Sale

    • $450,000
      0.34 Acres

      Woodfin Commercial Redevelopment Opportunity

      Prime Woodfin location, 0.34 acres, needs remodel.
      75 Weaverville Rd, Woodfin, NC 28804
      View Details
    • $885,240
      0.31 Acres

      Merrimon Ave Redevelopment Opportunity

      Asheville, NC commercial land, high visibility.
      498- Merrimon Ave, Asheville, NC 28804
      View Details
    • $621,740
      0.13 Acres

      Asheville Commercial Land Opportunity

      Prime Merrimon Ave. redevelopment site.
      502 Merrimon Ave, Asheville, NC 28804
      View Details
    • $995,000
      3.03 Acres

      Asheville Commercial Land - I-26

      3-Acre Development Site, High Visibility
      99999 Reynolds Mtn Blvd, Woodfin, NC 28804
      View Details
    • $621,740
      0.13 Acres

      Merrimon Ave Redevelopment Opportunity

      Asheville Mixed-Use Potential, High Traffic
      502-506 Merrimon Ave, Asheville, NC 28804
      View Details
    • $263,500
      0.18 Acres

      Asheville Commercial Land - $263,500

      Prime Merrimon Ave. Redevelopment Opportunity
      498 Merrimon Ave, Asheville, NC 28804
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      469,577 SF

      Merrimon Ave Retail Center

      North Asheville retail spaces available
      41 Merrimon Ave, Woodfin, NC 28804
      View Details
    • $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
    • $2,500 /Mo

      Woodfin Commercial Space For Rent

      Commercial space in up-and-coming Woodfin River Arts District.
      941 Riverside Dr, Asheville, NC 28804
      View Details
    • $5,000 /Mo

      Woodfin Commercial Opportunity

      Commercial building in up-and-coming Woodfin River Arts District.
      943 Riverside Dr, Asheville, NC 28804
      View Details
    • $800 /Mo
      18,731 SF

      North Asheville Corner Office Space

      Desirable corner office with utilities included in North Asheville.
      7 Beaverdam Rd, Asheville, NC 28804
      View Details

    Property Visit Statistics

    • Visits by month
      31.5k
    • Visitors by month
      19.3k
    • Avg Time on site
      22 min
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    Asheville, NC 28804-2360
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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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