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498-500 Merrimon Ave. 0.18 Acres of Commercial Land Offered at $263,500 in Asheville, NC 28804
Executive Summary
A One of a kind redevelopment opportunity, prominently sited on high traffic Merimon road.
This 2 parcel grouping sits at the gateway to UNC Asheville, between Weaver Blvd and Chatam Road, with walkability to downtown Asheville, and is prime for new vision.
Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired.
Ideal opportunity for a mixed-use redevelopment project.
Existing partially collapsed structure may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.
This 2 parcel grouping sits at the gateway to UNC Asheville, between Weaver Blvd and Chatam Road, with walkability to downtown Asheville, and is prime for new vision.
Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired.
Ideal opportunity for a mixed-use redevelopment project.
Existing partially collapsed structure may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.
Property Facts
| Price | $263,500 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.18 AC |
| Zoning | CB1 - Central Business | ||
| Price | $263,500 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.18 AC |
| Zoning | CB1 - Central Business |
1 Lot Available
Lot
| Price | $263,500 | Lot Size | 0.18 AC |
| Price Per AC | $1,463,888.89 |
| Price | $263,500 |
| Price Per AC | $1,463,888.89 |
| Lot Size | 0.18 AC |
Flood plain, infill lot
Description
A One of a kind redevelopment opportunity, prominently sited on high traffic Merrimon road. This 2 parcel grouping sits at the gateway to UNC Asheville, between Weaver Blvd and Chatham Road, with walkability to downtown Asheville, and is prime for new vision. Can be acquired as part of a larger offering including the two adjacent Merrimon fronting properties, if desired. Ideal opportunity for a mixed-use redevelopment project. Existing partially collapsed structure may have potential for adaptive reuse and incorporation into new master plan, buyer to verify.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 9649-37-6956-00000 | Improvements Assessment | $0 |
| Land Assessment | $118,600 | Total Assessment | $118,600 |
Property Taxes
Parcel Number
9649-37-6956-00000
Land Assessment
$118,600
Improvements Assessment
$0
Total Assessment
$118,600
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498-500 Merrimon Ave.
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