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$120,000
4422968 MLS
A rare opportunity to shape the future of a growing area of Charlotte, NC. This offering includes five lots totaling approximately 0.83 acres, presenting a unique opportunity for developers and investors looking to capitalize on the continued growth and transformation of the surrounding neighborhood. With a variety of potential development possibilities, this property offers the opportunity to get in on the ground floor of an emerging area. A road extension, along with the extension of city water and sewer services, is anticipated and could further enhance the development potential of the site. The seller is offering all five lots together, including 5403, 5416, 5409, and 5404, providing a substantial assemblage for future development. Power has already been installed.

5410 Howard Street, Charlotte

Listing courtesy of Ashley Lambert Realty. hello@myagentashley.com

$800,000
4418357 MLS
Charlotte Development Opportunity | ±3.95 Acres Exceptional opportunity to acquire two connected parcels totaling approximately 3.95 acres along Nevin Road in Charlotte. Ideal for a multifamily developer, builder or investor seeking to create value through entitlement and redevelopment. The highest-value concept to investigate is a modern 100–140+ unit multifamily community, with preliminary studies evaluating approximately 25–38 units per acre. Potential development could feature 3–5 story contemporary buildings, balconies, clubhouse, fitness center, landscaped outdoor amenities and resident gathering areas. The combined parcels provide greater flexibility for building placement, access, parking, utilities, stormwater and internal circulation. Alternative concepts may include senior/workforce housing, 35–60 townhomes, build-to-rent, missing-middle housing or detached residential development. Buyer Due Diligence Required: All development concepts and unit counts are preliminary illustrations only and are not approved or guaranteed. Buyer is solely responsible for independently verifying zoning/rezoning, allowable density, utilities, access, environmental conditions, stormwater, soils, permitting and overall development feasibility before purchase. Two connected parcels. ±3.95 acres. Multiple development possibilities. Potential for a 100+ unit Charlotte multifamily project.

3700 Nevin Road, Charlotte

Listing courtesy of NorthGroup Real Estate LLC. dioncanhelp@gmail.com

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