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3512 Central Ave
Charlotte, NC 28205
Central Avenue Townhomes · Land For Sale
·
1.70 AC
Executive Summary
Prime Infill Townhome Development Opportunity
Rare opportunity to acquire a fully entitled 30-unit townhome development site in a highly desirable close-in Charlotte location. Positioned within minutes of major employment centers, retail, dining, entertainment, and transportation corridors, this project offers an attractive opportunity for builders and developers seeking a shovel-ready residential community.
Property Highlights
30 entitled townhome lots
Planned homes approximately 2,000 square feet of finished living area
Approved grading letter in place
Infill location with strong housing demand
Excellent access to Uptown Charlotte and major commuter routes
Ideal product type for today's move-up buyers and young professionals.
Utilities and infrastructure available in the surrounding developed area
Limited entitlement risk compared to raw land opportunities
Attractive density and efficient site design
Strong market fundamentals within one of Charlotte's fastest-growing residential corridors
Development Advantages
Entitlements secured, reducing development timeline
Townhome product size aligns with current market demand for attainable, low-maintenance housing
Opportunity to capitalize on continued population and employment growth in Charlotte
Close proximity to shopping, dining, and healthcare.
Potential for premium pricing due to convenient urban-suburban location.
This site offers developers the opportunity to move directly into final development planning and construction on a 30-unit entitled townhome community. With approximately 2,000 square feet per unit, an approved grading letter, and a strategic Charlotte location, the project is well-positioned to meet strong buyer demand for new construction housing.
Rare opportunity to acquire a fully entitled 30-unit townhome development site in a highly desirable close-in Charlotte location. Positioned within minutes of major employment centers, retail, dining, entertainment, and transportation corridors, this project offers an attractive opportunity for builders and developers seeking a shovel-ready residential community.
Property Highlights
30 entitled townhome lots
Planned homes approximately 2,000 square feet of finished living area
Approved grading letter in place
Infill location with strong housing demand
Excellent access to Uptown Charlotte and major commuter routes
Ideal product type for today's move-up buyers and young professionals.
Utilities and infrastructure available in the surrounding developed area
Limited entitlement risk compared to raw land opportunities
Attractive density and efficient site design
Strong market fundamentals within one of Charlotte's fastest-growing residential corridors
Development Advantages
Entitlements secured, reducing development timeline
Townhome product size aligns with current market demand for attainable, low-maintenance housing
Opportunity to capitalize on continued population and employment growth in Charlotte
Close proximity to shopping, dining, and healthcare.
Potential for premium pricing due to convenient urban-suburban location.
This site offers developers the opportunity to move directly into final development planning and construction on a 30-unit entitled townhome community. With approximately 2,000 square feet per unit, an approved grading letter, and a strategic Charlotte location, the project is well-positioned to meet strong buyer demand for new construction housing.
Property Facts
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.70 AC |
| Zoning | N2-B - Current zoning is N2-B | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.70 AC |
| Zoning | N2-B - Current zoning is N2-B |
1 Lot Available
Lot
| Price | $3,250,000 | Lot Size | 1.70 AC |
| Price Per AC | $1,911,764.71 |
| Price | $3,250,000 |
| Price Per AC | $1,911,764.71 |
| Lot Size | 1.70 AC |
30-Unit Approved Multifamily Development Site Exceptional opportunity to acquire a flat, development-ready multifamily site approved for 30 residential units. The property offers favorable topography with minimal grading requirements.
Description
30 Unit entitled site has an approved grading letter. Building pads are 20.10 X 40 so townhomes will come in at around 2000 square foot of finished living area. Extensive amount of work and money spent to get the site to its current status. Frontage on Central Avenue, Carolyn Drive, and Cyrus drive.
Property Taxes
| Parcel Number | 129-061-35 | Improvements Assessment | $400 |
| Land Assessment | $1,593,200 | Total Assessment | $1,593,600 |
Property Taxes
Parcel Number
129-061-35
Land Assessment
$1,593,200
Improvements Assessment
$400
Total Assessment
$1,593,600
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