$2,500,000
UNDER CONTRACT

Estimated payment $16,453/month

Total Views 983
3.08 Acres
$811,688 Price per Acre
134,165 Sq Ft Lot

About This Lot

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!

Listing Agent

Steve Casselman

EXP Realty LLC Ballantyne Brokerage Phone: 704-773-4345 License #272611

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 446.07x300
  • Possible uses of the property include Development, Multi-Family, Residential, Other - See Remarks
  • Property is zoned N1-A

Schools

  • Lansdowne Elementary School
  • Mcclintock Middle School
  • East Mecklenburg High School

Utilities

  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 21319118

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: Medium
  • Attribution Contact: 704-773-4345
  • Special Features: UnderContract

Interior Features

  • Possible Use: Development, Multi-Family, Residential, Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Private Sewer, Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Other - See Remarks
  • Lot Size Area: 3.08
  • Lot Size Units: Acres
  • Parcel Number: 21319118
  • Zoning: N1-A
  • Can Be Subdivided: 1
  • Lot Size: 446.07x300
  • Additional Parcels Description: 21319119, 21319120, 21319116, 21319115, 21319117
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N1-A

MLS Schools

  • Elementary School: Lansdowne
  • High School: East Mecklenburg

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 For Sale $2,500,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4115505

Canopy MLS (Canopy Realtor® Association)