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Investment Highlights

  • Two contiguous lots totaling approximately 34 acres are offered for sale.
  • Power line easement owned by the property enhances utility and provides greenspace usage potential.
  • Ideal for multifamily, senior housing, or single-family residential development.
  • Engineered retention ponds already in place with Army Corps of Engineers approval.
  • Located 4 miles from I-77 Exit 23 with convenient access to retail and healthcare services.
  • Property currently under municipal review for approved development uses.

Executive Summary

This property offers a rare opportunity to acquire 34 acres of versatile residential land in Huntersville, NC. The site includes two available parcels—22 acres and 12 acres—with engineered retention ponds approved by the Army Corps of Engineers, making the property exceptionally prepared for development. With an approved review process underway with the Town of Huntersville, this site is well-positioned for multifamily, senior housing, or single-family residential development.
Located just 4 miles from I-77 Exit 23 (Gilead Road), the property provides excellent regional connectivity and proximity to abundant retail, dining, and medical amenities, including a hospital complex nearby. Utilities and infrastructure improvements, including a power line easement offering potential recreational or parking uses, add to the development appeal. The property benefits from substantial greenspace, creating opportunities for community amenities such as swimming pools and walking trails, making it an attractive option for developers targeting high-demand residential segments in a rapidly growing Charlotte submarket.

Property Facts

Price $750,000 - $3,250,000
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 34.00 AC
Zoning CB - Community Business Use

2 Lots Available

Lot 1

Price $2,500,000
Price Per AC $113,636.36
Lot Size 22.00 AC

Lot 1 totaling 22AC now available for sale at $ 1,750,000.

Lot 2

Price $750,000
Price Per AC $62,500.00
Lot Size 12.00 AC

Lot 2 totaling 12AC now available for sale at $750,000.

Description

The property consists of two parcels totaling about 34 acres located at 12320 McCoy Road, Huntersville, North Carolina. It is in the Town of Huntersville within close proximity to I-77 Exit 23 at Gilead Road and is surrounded by retail and medical facilities, including a hospital complex. The site includes engineered retention ponds and a utility easement owned as part of the property. It has CB Community Business zoning with a review for approved uses underway. The site is accessed via McCoy Road and reports limited public transportation options while being highly drivable.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
017-461-02
Land Assessment
$1,050,700
Improvements Assessment
$0
Total Assessment
$1,050,700
  • Listing ID: 12571757

  • Date on Market: 5/15/2018

  • Last Updated:

  • Address: 12320 Mccoy Rd, Huntersville, NC 28078

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