7121-7223 Alexander Road
$2,500,000
Charlotte, NC, 28270
land
0
Lot Size: 3.08 Acres
Listing Provided Courtesy of Steve Casselman at EXP Realty LLC Ballantyne | 704 773-4345
ABOUT

Property Information

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!
SPECIFICS

Property Details

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Price:
$2,500,000
MLS #:
CAR4115505
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
7121-7223 Alexander Road
Type:
Land
Subtype:
Lot
City:
Charlotte
Listed Date:
Mar 4, 2024
State:
NC
ZIP:
28270
Lot Size:
134,165 sqft / 3.08 acres (approx)
AMENITIES

Interior

AMENITIES

Exterior

NEIGHBORHOOD

Schools

Elementary School:
Lansdowne
Middle School:
McClintock
High School:
East Mecklenburg
FINANCIAL

Financial

Buyer Agent Compensation
3.0%

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7121-7223 Alexander Road
Charlotte, NC