UNDER CONTRACT
$1M PRICE DROP
7501 Old Statesville Rd Charlotte, NC 28269
Henderson Circle NeighborhoodEstimated payment $36,139/month
Total Views
19,005
16
Acres
$343,750
Price per Acre
696,960
Sq Ft Lot
About This Lot
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.
Listing Agent
Allen Tate Lake Norman Brokerage Email: gretel.howell@allentate.com License #252117
Property Details
Property Type
- Land
Lot Details
- Possible uses of the property include Commercial, Development, Industrial, Multi-Family, Residential, Other - See Remarks
- Property is zoned CG MHP
Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 037-214-01
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2023 06/23/23 | Price Changed | $5,500,000 | -20.3% | -- |
| 05/10/2023 05/10/23 | For Sale | $6,900,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Similar Property in Charlotte, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4028607
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