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4044 Yancey Rd 1 Acre of Commercial Land Offered at $4,100,000 in Charlotte, NC 28217
INVESTMENT HIGHLIGHTS
- Land site located in the middle of new development and entertainment district. New apartments, offices and breweries.
EXECUTIVE SUMMARY
Sale: Rare opportunity for South End Land development. The Proposed Site Plan is on two corners and offers great access and visibility with frontage on 3 streets. The site and proposed development could contain a 2-story retail building with surface parking or a larger 4 story building with a parking garage offering a mixed-uses of retail, office, meeting space, hotel or apartments. Retail space built to front on Yancey Rd is the best design for maximum pedestrian street exposure and the rear of the property on Peterson Street and Heriot St. is the best streets for surface parking or a parking garage.
Space for Lease: Broker is seeking tenants for pre-construction retail and office space lease up.
Space for Lease: Broker is seeking tenants for pre-construction retail and office space lease up.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,100,000 | Lot Size | 1.00 AC |
| Price Per AC | $4,115,226.34 |
| Price | $4,100,000 |
| Price Per AC | $4,115,226.34 |
| Lot Size | 1.00 AC |
Lower South End development parcel, of 41,599 SF (per tax file data), zoned TOD-TR, allows up to 50 foot high (4 story building). Land is level and fronts three streets (2 corners) for great access. Property is currently a gravel parking lot.
DESCRIPTION
South End parcel for development. Build your restaurant, retail store or offices here and add additional rental income. Also suitable for hotel and apartments.
1 1
PROPERTY TAXES
| Parcel Number | 149-022-01 | Improvements Assessment | $0 |
| Land Assessment | $2,662,500 | Total Assessment | $2,662,500 |
PROPERTY TAXES
Parcel Number
149-022-01
Land Assessment
$2,662,500
Improvements Assessment
$0
Total Assessment
$2,662,500
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4044 Yancey Rd
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