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3600 Primrose Ave - Primrose Ave 16.2 Acres of Industrial Land in Charlotte, NC 28208

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INVESTMENT HIGHLIGHTS

± 2.7 mi to I-77, ± 3.2 mi to I-85, ± 5.4 mi to I-485.
Opportunity Zone Location: Offers significant tax benefits for investors.
Suitable for industrial, residential, or mixed-use projects.

Close to major highways, ideal for businesses needing logistics access.
Zoning Mix: Zoned I-2 (Industrial) and R-8 (Residential), providing development flexibility.
Located within a region experiencing industrial and residential growth.

EXECUTIVE SUMMARY

Being within an Opportunity Zone, this property provides potential investors with significant tax advantages, including deferred or reduced capital gains taxes. This incentive, combined with the property’s prime location and zoning flexibility, creates strong development potential. Whether intended for industrial operations, residential housing, or a mixed-use project, this site offers ample space and opportunity to capitalize on the area's growth trajectory.

Primrose Ave

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Industrial
No. Lots	1	Building Class	C
Property Type	Land	Total Lot Size	16.20 AC
Property Subtype	Industrial	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I2 & R-8 - I-2 (Industrial) and R-8 (Residential)

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Industrial
Building Class	C
Total Lot Size	16.20 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I2 & R-8 - I-2 (Industrial) and R-8 (Residential)

1 LOT AVAILABLE

Lot

Lot Size	16.20 AC

Lot Size	16.20 AC

The property’s proximity to major transportation routes further enhances its appeal. Located just 2.7 miles from I-77, 3.2 miles from I-85, and 5.4 miles from I-485.

DESCRIPTION

This 16.2-acre property offers a prime development opportunity within an Opportunity Zone, providing significant tax incentives for investors. The land is comprised of three parcels: ±6.77 acres (Parcel ID #117-103-01), ±8.79 acres (Parcel ID #117-111-58), and ±0.64 acres (Parcel ID #117-111-59). With a mix of I-2 (Industrial) and R-8 (Residential) zoning, the site presents flexible use options, including industrial, commercial, or residential development, making it suitable for various projects.

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PROPERTY TAXES

Parcel Numbers	Multiple 117-103-01 117-111-59 117-111-58	Improvements Assessment	$0
Land Assessment	$316,800	Total Assessment	$316,800

PROPERTY TAXES

Parcel Numbers

Multiple

117-103-01
117-111-59
117-111-58

Land Assessment

$316,800

Improvements Assessment

Total Assessment

$316,800

(704) 458-1555

CONTACT

Jim Plyler
Piedmont Properties of the Carolinas, Inc.

Listing ID: 24926380
Date on Market: 1/27/2022
Last Updated:
Address: 3600 Primrose Ave, Charlotte, NC 28208

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