Under contract
Under Contract-Show
7121-7223 Alexander Road
Charlotte NC, 28270
$2,500,000
$18.63 per sqft
Under contract
Under Contract-Show
3.08 Acres
Land
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!
4115505
MLSⓇ ID
March 4, 2024
Listed
November 22, 2024
Updated
Map
7121-7223 Alexander Road
Charlotte NC, 28270
Exterior/Building Features
Lot Size
3.08 Acres
Lot Features
Other - See Remarks
Sewer
Public Sewer, Private Sewer, Other - See Remarks
School Information
High School
East Mecklenburg
Elementary School
Lansdowne
Other Property Details
Days on Market
18
Garage
No
View
No
County
Mecklenburg
Water Source
City
Pool
No
Zoning
N1-A
Listing History
Date | Event | Price |
|---|---|---|
9/6/2024 | Under contract | — |
8/22/2024 | Active | — |
3/9/2024 | Under contract | — |
Courtesy of EXP Realty LLC Ballantyne with Steve Casselman,
Listing Contact: 704-773-4345
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