7121-7223 Alexander Road,Charlotte, NC 28270
Charlotte, NC 28270
Description
Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!
Details
| MLS# | 4115505 |
|---|---|
| Listing Type | For Sale |
| Style | Farm or Ranch |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 468 |
| Listing Provided By | EXP Realty LLC Ballantyne | Steve Casselman |
Features
| Zoning | N1-A |
|---|---|
| Acreage | 3.08 |
Exterior
| Lot Features | Other - See Remarks |
|---|
Other
| List Aor | Canopy Realtor Association |
|---|
Market Activity 28270
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Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.
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Learn More About This Property
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Charlotte |
| Zip Code | 28270 |
| Area | Mecklenburg |
| School District | East Mecklenburg |
| Elementary School | Lansdowne |
| Middle School | McClintock |
| High School | East Mecklenburg |
| Listing VS Median (in 28270) | |
Price: $2,500,000 low | high Med: $713,500 On site: 468 low | high Med: 49.000000 | |