Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

99 Merrimon Ave Asheville, NC 28801

OFF-MARKET
Drive through restaurants
Property ID
US53-0147703
3,382 SF 0.68 ac lot Built 1983
Last sale Mar 2004 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$1.27M
Effective rate1.03%

Value estimate

· Oct 2026
$1.09M
$977k – $1.19M
Submarket $/SF estimate$1.80M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$375/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$160 – $560
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DEED DATE:03/15/2004 DEED
JurisdictionBUNCOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.4
Storage Facility10.3
Dry Cleaner8.7

Location

99 Merrimon Ave Asheville, NC 28801-2332
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
66 Broadway, Asheville, NC 28801-2916 $1,200,000 Jan 2026 4,186 SF
98 Lexington, Asheville, NC 28801-2822 $1,000,000 Mar 2025 3,252 SF
29 Carolina, Asheville, NC 28801-2806 $400,000 Jul 2024 2,592 SF
14 Patton, Asheville, NC 28801-3302 $950,000 Jun 2024 3,372 SF
27 Carolina, Asheville, NC 28801-2806 $700,000 Aug 2023 2,592 SF
796 Riverside, Asheville, NC 28801-1644 $350,000 Mar 2023 2,780 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 99 Merrimon Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again