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87 Merrimon Avenue N, Asheville, NC 28804

$1,525,000
  • 87 Merrimon Avenue N, Asheville, NC 28804 Main Photo

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New to the Market Active
LOT SIZE 2.890 acres MLS#4392571
STATUSActive PROPERTY TYPELand - Residential

Property Description

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.

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.

Property Features

Property Type: Land - Residential
Lot Size: 2.89 Acres

Feature Descriptions

Days on Site: 3
Parcel#: 9730-7806306
Sewer: Public Sewer
Utilities: Underground Power Lines, Underground Utilities
Water: City

Local Schools

High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified

Listed By / Shown By

Listed By

Agency Name: Bhula Realty Group
Agency Contact: roshan@bhulagroup.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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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 Insurance

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