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3919 Morehead Rd 19.79 Acres of Commercial Land Offered at $7,000,000 in Charlotte, NC 28262

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INVESTMENT HIGHLIGHTS

  • Convenient access to the intersection of I-85 and I-77.
  • Close proximity to the heart of Charlotte.
  • Zonings allow for the development of single-family, duplex, and triplex dwellings on all lots.
  • Minutes away from I-485.
  • Many regional and national attractions nearby.

EXECUTIVE SUMMARY

The property is in close proximity to a variety of major roads and highways. The property is just south of Interstate 85 (I-85), providing easy access to other cities and states. It's also close to US Route 29 (North Tryon Street), a significant thoroughfare in Charlotte. The property is not far from the intersection of I-85 and I-77, two major interstates, and is minutes from I-485. There are a wide variety of attractions in the vicinity. The University of North Carolina at Charlotte is a short drive southwest of the location. The PNC Music Pavilion, an outdoor amphitheater that hosts many top-tier musical acts, is located southwest along I-485. Less than half a mile to the east of this property is the Charlotte Motor Speedway. The property is relatively close to the center of Charlotte, which is home to a variety of attractions. These include the Bank of America Stadium (home of the Carolina Panthers), the Spectrum Center (home of the Charlotte Hornets), and a host of museums and art galleries, including the Mint Museum and the Bechtler Museum of Modern Art.

PROPERTY FACTS

Price $7,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 19.79 AC
No. Stories 1
Zoning N1-A - The N1-A Zoning Districts allow for the development of single-family, duplex, and triplex dwellings on all lots.

1 LOT AVAILABLE

Lot 02907107

Price $7,000,000
Price Per AC $353,714.00
Lot Size 19.79 AC

This property consists of 1 tract in Mecklenburg. A leased cell tower borders the Mecklenburg parcel.

DESCRIPTION

This property is located in Mecklenburg and Cabarrus County. It's situated relatively close to the city center of Charlotte, which is known for its vibrant arts scene, sports teams, and a variety of businesses.

  • Listing ID: 28710461

  • Date on Market: 6/9/2023

  • Last Updated:

  • Address: 3919 Morehead Rd, Charlotte, NC 28262

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