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7535 Old Statesville Road

Charlotte, NC 28269
  • $5,500,000
  • STATUS: Active Under Contract
  • ON SITE: 435 Days
  • ID#: 4028629
Under Contract
$5,500,000
  • 0
    BEDS
  • 16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1931
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Allen Tate Lake Norman: 704-896-8283. Copyright 2024 Canopy MLS. All rights reserved.

Description

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2024-07-18T23:33:33.037 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither DK Professionals | Beverly Hanks nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

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7535 Old Statesville Road Charlotte, NC 28269

  • Price: $5,500,000
  • Status: Active Under Contract
  • On Site: 435 Days
  • ID#: 4028629
0
Beds
0
Baths
0
½ Baths
16
Acres
1931
Built
County:
Mecklenburg
Area:
Charlotte
Property Description
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.
Exterior Features

Carport YN No Road Frontage 740 Road Responsibility Publicly Maintained Road

Interior Features

Additional Parcels Description 037-214-01 Basement YN No

Property Features

CCRSubject To Undiscovered City Taxes Paid To Charlotte Commercial Location Description General Business District Flood Plain No Hoa Subject To None Inclusions Land Inside City YN Yes Lease Considered YN No New Construction YN No Possible Use CommercialDevelopmentIndustrialMulti-FamilyOther - See Remarks Property Sub Type Business Rail Service Other Restrictions No Representation Restrictions Description Split zoning CG and RMP Senior Community YN No Sewer Public Sewer Special Listing Conditions Undisclosed Utilities Cable AvailableGas Water Source City



MLS Grid logo Based on information submitted to the MLS GRID as of 2024-07-18T23:33:33.037 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither DK Professionals | Beverly Hanks nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Canopy MLS logo Offered by Allen Tate Lake Norman: 704-896-8283. Copyright 2024 Canopy MLS. All rights reserved.