This 2.89-acre infill development site sits along Asheville's sought-after Merrimon Avenue corridor, positioned between Downtown and North Asheville with strong visibility, access, and growth fundamentals. Flexible commercial zoning supports multiple high-value strategies ? multifamily, mixed-use, hospitality, retail, or residential ? letting developers tailor a project to market demand while preserving optionality. Located on a primary north-south artery with established surrounding demographics, the site benefits from consistent demand drivers and proximity to employment, retail, and lifestyle amenities. Utilities and access are already in place, reducing development complexity and supporting phased or flexible site planning. With large commercially zoned infill parcels increasingly scarce in this corridor, the offering stands out for groups seeking scale, frontage, and flexibility with multiple exit strategies. Buyer to verify zoning, permitted uses, utilities, acreage, and feasibility with Buncombe County and the City of Asheville; information deemed reliable but not guaranteed.
Listed By
Agency Name: Bhula Realty Group
Agency Contact: roshan@bhulagroup.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 8,561.48 per month $8,116.69 Principal & Interest $0.00 Property Tax (data not provided by mls) $444.79 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
87 Merrimon Avenue N | MLS# 4392571
This land located at 87 Merrimon Avenue N, Asheville, NC 28804 is currently listed for sale with an asking price of $1,525,000. The property has approximately 2.89 Acres. Search Asheville real estate on www.lakenormanrealty.com today.