Under contract
Under Contract-Show
7535 Old Statesville Road
Charlotte NC, 28269
$5,500,000
Under contract
Under Contract-Show
Commercial
Built in 1931
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.
4028629
MLSⓇ ID
May 10, 2023
Listed
October 23, 2024
Updated
Map
7535 Old Statesville Road
Charlotte NC, 28269
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
16 Acres
Sewer
Public Sewer
Other Property Details
Days on Market
177
Garage
No
View
No
County
Mecklenburg
Water Source
City
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/7/2023 | Under contract | — |
6/23/2023 | Price change | $5,500,000 -21% |
Courtesy of Allen Tate Lake Norman with Gretel Howell,
Listing Contact: [email protected]
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