Property Attributes
- ID#4028629
- TypeContingent
- CountyMECKLENBURG
- CityCharlotte
- AreaMecklenburg County
- Zip28269
- StyleBusiness
- Price$ 5,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size16 Acres
Data Source:
Canopy MLS
Property Description
PRIME LOCATION FOR NEW DEVELOPMENT ON 16.89+/- ACRES WITH OVER 740 FEET OF ROAD FRONTAGE on Old Statesville Road (HWY 115) just south of W T Harris. This site is being sold together with the adjoining properties at 7535 Old Statesville Rd and 5701 Ratcliffe Lane. Properties have split zoning; CG and MHP per new UDO. Sellers anticipate developer rezoning and clearing the property. Future City of Charlotte 2040 Area Plan envisions Neighborhood 1 allowing for duplex, triplexes, or quadraplexes. Neighborhood 1 had 3 classifications A, B or C that specify minimum SF area per building unit, setbacks, etc. PROPOSED: RED LINE commuter rail and Community Activity Center with retail, dining and entertainment across Old Statesville Road. Existing mobile home leases will be terminated 30 days prior to closing. Buyer must handle any evictions, trailer abandonment, demolition and removal of remaining personal property. Mobile homes date back to 1958; there are approximately 56 units.
Price History | |
---|---|
5/10/2023 | Listed $6,900,000 |
6/23/2023 | 21% - $5,500,000 |
General Features
Sewer | Public Sewer |
---|---|
Utilities | Cable Available,Gas |
Year Built | 1931 |
Property SubType | Business |
Additional Parcels Description | 037-214-01 |
County | Mecklenburg |
New Construction | No |
Property Type | Commercial Sale |
Possible Use | Commercial,Development,Industrial,Multi-Family,Other - See Remarks |
Directions | I-77 EXIT 16,Turn EAST on W T Harris Blvd. TR on Old Statesville Road. |
City | Charlotte |
Street Name | Old Statesville |
Standard Status | Active Under Contract |
CAR_HOASubjectTo | None |
Restrictions | No Representation |
Tax Assessed Value | 2290100 |
Interior Features
Street Suffix | Road |
---|
Exterior Features
Water Source | City |
---|---|
Inclusions | Land |
Lot Size Area | 16 |
Lot Size Units | Acres |
Road Responsibility | Publicly Maintained Road |
Road Frontage | 740 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool