$2,500,000

7121-7223 Alexander Road

Charlotte, NC 28270 Lots/Acres/Farms
MLS#: 4115505
Status: Under Contract-Show

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Details

Type
Lot 
Status
Under Contract-Show 
Lot Size
3.0800 
Subdivision
 
Elementary School
Lansdowne 
Middle School
McClintock 
High School
East Mecklenburg 
Buyer Agency Compensation¹
3.0 %
Sub Agency Compensation¹
0 $
Appliances
 
Cooling
 
Heating
 
Exterior
 
Water
City Water 
Year Built
 
Driveway
 
Laundry Location
 
Parking
 
Lot Description
Other - See Remarks 
¹ = The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property 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!

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