Residential Land for Sale in Charlotte, North Carolina

7121-7223 Alexander Rd Charlotte, NC 28270

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$2,500,000
3.08 acres
pending saleUnder contract

Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!

Directions

Take US-74 E and NC-16 S to Alexander Rd

Turn left onto Alexander Rd

Destination will be on the left

Property details

Coordinates
35.1213, -80.7669
Zoning
N1-A
Elevation
669 feet
MLS Number
CMLS 4115505
Date Posted

Legal description

Parcels

  • 21319118

This 3.08-acre property is located at 7121-7223 Alexander Rd in Charlotte, NC 28270 with latitude 35.1213 and longitude -80.7669. The property is currently pending sale for $2,500,000 with a price per acre of $811,688. Listing data is sourced from Canopy MLS # 4115505.

Verify sale details at the property source or contact eXp Realty LLC Ballantyne at (888) 388-4377.

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Copyright (C) 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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