$1,249,000

Estimated payment $6,812/month

Total Views 981
1.1 Acres
$1,135,455 Price per Acre
47,916 Sq Ft Lot

About This Lot

Development-Ready with Approved Plans. Seize a rare investment opportunity in one of Charlotte’s fastest-growing corridors. This 1.12+ acre shovel-ready parcel is zoned General Business (GB), allowing for a wide variety of commercial and residential development options. Full engineering, civil, and architectural plans are included, with approved permits for a 22-unit multifamily apartment project.Strategically located just minutes from Uptown, the Airport, SouthPark, Ballantyne, and the emerging River District. Near Steele Creek, adjacent to CMPD Training Center, and close to Topgolf and Charlotte Premium Outlets.Enjoy unparalleled access to shopping, dining, entertainment, and major transit routes, making this property ideal for developers, investors in ever increasing demand for mixed-use and residential projects. The owners have other life priorities, resulting in the parcel being listed. All plans are uploaded to the MLS!

Listing Agent

Raj Komuravelli

Ram Realty LLC Brokerage Email: nagraj0007@gmail.com License #339648 Listed on: 05/31/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,203

Lot Details

  • Possible uses of the property include Commercial, Multi-Family, Residential, Subdevelopment
  • Property is zoned B1

Listing and Financial Details

  • Assessor Parcel Number 167-161-10

Property Details

Property Type

Land

Est. Annual Taxes

$2,203

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Commercial
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: nagraj0007@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential, Subdevelopment

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, County Sewer
  • Water Source: City, County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.1
  • Lot Size Units: Acres
  • Parcel Number: 167-161-10
  • Additional Parcels: No
  • Zoning Specification: B1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,203 $300,300 $300,300 $0
2022 $3,220 $333,700 $333,700 $0
2021 $3,220 $333,700 $333,700 $0
2020 $3,220 $333,700 $333,700 $0
2019 $3,220 $333,700 $333,700 $0
2018 $4,152 $316,500 $316,500 $0
2017 $4,097 $316,500 $316,500 $0
2016 $4,097 $316,500 $316,500 $0
2015 $4,097 $316,500 $316,500 $0
2014 $4,065 $316,500 $316,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 For Sale $1,249,000 +318.0% --
08/14/2020 08/14/20 Sold $298,800 -2.0% --
06/03/2020 06/03/20 Pending -- -- --
06/02/2020 06/02/20 Price Changed $305,000 +8.9% --
06/02/2020 06/02/20 For Sale $280,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 None Available
Warranty Deed $299,000 None Available
Warranty Deed $270,000 None Available
Special Warranty Deed -- --
Warranty Deed $324,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $243,000 Purchase Money Mortgage
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4257344

Canopy MLS (Canopy Realtor® Association)

APN: 167-161-10