498-506 Merrimon Avenue

Asheville, NC 28804

$885,240
Price
13,503 / 0.31
Lot Size / Acres

Description

A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merrimon road. This property sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision. These 4 parcels make up over 145 ft of high visibility Merrimon street frontage and provide an ideal opportunity for a mixed-use redevelopment project. Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan,...A one of a kind, 4 parcel, redevelopment opportunity prominently sited on high traffic Merrimon road. This property sits at the gateway to UNC Asheville, with walkability to downtown Asheville, and is prime for new vision. These 4 parcels make up over 145 ft of high visibility Merrimon street frontage and provide an ideal opportunity for a mixed-use redevelopment project. Existing early 1900s two story masonry building may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.
  1. Listed by Karl Nelson • NAI Allen Tate Beverly-Hanks Commercial • knelson@naibeverly-hanks.com
  2. Listed by Chris Mansfield • NAI Allen Tate Beverly-Hanks Commercial

Amenities

  • Corner Lot
LISTING UPDATED: 08/21/2024 01:54 PM

Property Details for 498-506 Merrimon Avenue

StatusActive
MLS #4100163
Days on Market311
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Commercial
Year Built-
Lot Size0.31 AC
CountyBuncombe County

Virtual Tour

Building Information for 498-506 Merrimon Avenue

Lot Size0.31 AC

Property Information for 498-506 Merrimon Avenue

Summary
Location and General Information
  • Road Frontage Type: 4 Lane Highway, City Street, Interstate 1 mile or Less, State Highway
  • Longitude: -82.555009
  • Zoning: CBI
  • Latitude: 35.615764
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $333,500.00
  • Parcel Number: 9649-38-6063, 9649-38-6076
  • City Taxes Paid To: Asheville
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Virtual Tour
Property
Lot Information
  • Sq Ft Building Minimum: 9999
  • Lot Features: Corner Lot, Flood Plain/Bottom Land, Infill Lot
  • Lot Size Units: Acres
  • Possible Use: Commercial
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 7
  • Road Responsibility: Publicly Maintained Road
  • Additional Parcels Description: 9649-37-5600, 9649-38-6060
  • Senior Community YN: No
  • Restrictions: No Representation
  • Restrictions Description: No representation
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Paved
  • Other Structures: Other - See Remarks
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 498-506 Merrimon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 498-506 Merrimon Avenue

This home is within Asheville City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - K to 5
Rating
School
Distance
Ira B Jones Elementary
PublicPK to 5

Isaac Dickson Elementary
PublicPK to 5

Hall Fletcher Elementary
PublicPK to 5

Claxton Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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498-506 Merrimon Avenue is a 0.31 ac of land for sale in Asheville, NC 28804. This property was listed for sale on January 11, 2024 by NAI Allen Tate Beverly-Hanks Commercial, it's currently listed at $885,240. This listing's school district is Asheville City School District. Nearby schools include Ira B Jones Elementary, Isaac Dickson Elementary and Hall Fletcher Elementary. 498-506 Merrimon Avenue is a 0-bed, 0-bath, 0.31 ac of land on a 13,503 sq. ft. / 0.31 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Allen Tate Beverly-Hanks Commercial

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