7121-7223 Alexander Road, Charlotte, NC

$2,500,000

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3.08

Acres

About 7121-7223 Alexander Road

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!

Features of 7121-7223 Alexander Road

MLS® # 4115505
Price $2,500,000
Bathrooms 0.00
Acres 3.08
Type Land
Sub-Type Lot
Status Active Under Contract

Community Information

Address 7121-7223 Alexander Road
City Charlotte
County Mecklenburg
State NC
Zip Code 28270

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Other - See Remarks

School Information

Elementary Lansdowne
Middle McClintock
High East Mecklenburg

Additional Information

Date Listed March 4th, 2024
Days on Market 55
Zoning N1-A
Foreclosure No
Short Sale No

Listing Details

OfficeEXP Realty LLC Ballantyne

Listing Map

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