$5,500,000
Accepting Backup Offers

7501 Old Statesville Road

Charlotte, NC 28269
#4028607
Browse 2 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Gas
      • Sewer InformationPublic Sewer
      • Utility SourceCity
  • Community and Neighborhood Details
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • CountyMecklenburg
  • Financial Details
      • Original List Price$6,900,000
      • Days on Market (Cumulative)181
  • Other
      • MLS #4028607

Location

Legal

Based on information submitted to the MLS GRID as of 2024-10-23 14:36:03. 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. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.

Last Updated: . Source: CANOPY

Listing Courtesy
Listing Agent: Gretel Howell (#CAR56416)
Listing Office: Allen Tate Lake Norman (#CAR810010)

Bradley Pace | Keller Williams ProfessionalsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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    © 2024 Keller Williams Luxury. All rights reserved.
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    Based on information submitted to the MLS GRID as of {date_updated}. 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. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.