87 N Merrimon Avenue, Asheville, NC 28804
Local realty services provided by:CENTURY 21 The Harrelson Group
Listed by: roshan bhula
Office: bhula realty group
MLS#:4439956
Source:CH
87 N Merrimon Avenue,Asheville, NC 28804
$1,475,000
- 2.89 Acres
- Lots / Land
- Active
Price summary
- Price:$1,475,000
About this home
This ±2.89-acre development site presents a rare opportunity to acquire a large-scale, flexible-use parcel along Asheville’s highly sought-after Merrimon Avenue corridor. Strategically positioned between Downtown Asheville and North Asheville’s established residential communities, the property offers strong visibility, accessibility, and long-term growth fundamentals. The site’s commercial zoning allows for multiple high-value development strategies, including multifamily, mixed-use, hospitality, retail, or residential concepts. With increasing demand for housing, experiential retail, and corridor-based development, this property provides developers and investors with the ability to tailor a project that aligns with market needs while maintaining optionality across asset classes. Given the limited availability of similarly sized infill sites in this location, the property stands out as a compelling opportunity for groups seeking scale, frontage, and flexibility within one of Asheville’s primary growth corridors. The configuration supports a range of site planning approaches, including density-driven multifamily projects, mixed-use environments with activated retail frontage, or phased development strategies. This offering is well-suited for developers, private equity groups, and owner-users looking to deploy capital into a high-demand market with multiple exit strategies....
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Home facts
- Listing ID #:4439956
- Updated:November 03, 2026 at 09:13 PM
Structure and exterior
- Lot area:2.89 Acres
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Water:Tap Fee Required
- Sewer:Tap Fee Required
Finances and disclosures
- Price:$1,475,000
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