$2,500,000
7121-7223 Alexander RD Charlotte, NC 28270
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$2,500,000
Est. payment /mo
3.08 Acres Lot
Active Under Contract
7121-7223 Alexander RD Charlotte, NC 28270
UPDATED:
09/06/2024 02:33 PM
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 4115505
Lot Size 3.080 Acres
Acres 3.08
Lot Dimensions 446.07x300
Property Description
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!
Location
State NC
County Mecklenburg
Zoning N1-A
Building
Lot Description Other - See Remarks
Sewer Public Sewer, Private Sewer, Other - See Remarks
Water City
Schools
Elementary Schools Lansdowne
Middle Schools Mcclintock
High Schools East Mecklenburg
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Steve Casselman • EXP Realty LLC Ballantyne • 704-773-4345
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