7501 Old Statesville Road, Charlotte, NC

$5,500,000

Previous Next

16.00

Acres

About 7501 Old Statesville Road

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.

Features of 7501 Old Statesville Road

MLS® # 4028607
Price $5,500,000
Bathrooms 0.00
Acres 16.00
Type Land
Sub-Type Lot
Status Active Under Contract

Community Information

Address 7501 Old Statesville Road
City Charlotte
County Mecklenburg
State NC
Zip Code 28269

Amenities

Utilities Cable Available, Gas
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

Elementary Unspecified
Middle Unspecified
High Unspecified

Additional Information

Date Listed May 10th, 2023
Days on Market 259
Foreclosure No
Short Sale No

Listing Details

OfficeAllen Tate Lake Norman

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?