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

November 22, 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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