Listing provided courtesy of Bhula Realty GroupMLS# 4392571MLS ProviderContact Information: [email protected]
  • 14 days on site
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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.

Source: Canopy MLS, MLS#: 4392571

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  • Property Type
    Land

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  • Median Age
    45
  • Population Density
    845
  • College Educated
    66%
  • Estimated Median Income
    $67,759
  • Estimated Total Home Owners
    6,139
  • Estimated Total Renters
    2,855
  • Owner / Renter Divide
    68% / 32%
  • Estimated Average Household Size
    2
  • Total Population
    22,959
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 87 Merrimon Avenue N


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: Canopy MLS Added to Database
June 16, 2026