7501 Old Statesville Road

Charlotte, NC, 28269

$5,500,000

$5,500,000
Active Under Contract
Active Under Contract
 - For Sale
property_type
Land
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.
MLS® ID:
4028607
Listed:
5/9/23
Updated:
11/28/23
Charlotte Living Realty
Office: (704) 659-6705Email: [email protected]
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Exterior/Building Features

Lot Size
16.0 acres lot
Sewer
Public Sewer

School Information

High School
Unspecified
Middle/Jr High
Unspecified
Elementary School
Unspecified

Other Property Details

Garage
No
Parking
N
View
N
County
Mecklenburg
Utilities
Cable Available, Gas
Water Source
City
Pool
No
Sub Agency Compensation
0
Buyer Agency Compensation
3

Property History

Date
Event
Price
Value
6/23/23
Price Change
$5,500,000
-20%
11/7/23
Active Under Contract
-
-
Courtesy of Allen Tate Lake Norman, Gretel Howell
Listing Contact: [email protected] 
 
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Charlotte Living Realty
Office: (704) 659-6705Email: [email protected]
By providing your contact information, you acknowledge and agree to ourPrivacy Policyand consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.
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