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4417 Tilley Morris Rd - Multi-Unit Development Site 2.82 Acres of Residential Land Offered at $1,350,000 in Matthews, NC 28105
Investment Highlights
- 100% "By-Right" Development
- Extensive Road Frontage
- Preliminary Site Plan Completed
- Ready for Site Prep
Executive Summary
Property Facts
| Price | $1,350,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 2.82 AC |
| Property Type | Land | ||
| Zoning | N1-A - Vacant 1,334 SF house (built 1947) and carport. Being sold as-is at no value. Site is clear of leases, ready for demolition and 9-unit development. | ||
| Price | $1,350,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.82 AC |
| Zoning | N1-A - Vacant 1,334 SF house (built 1947) and carport. Being sold as-is at no value. Site is clear of leases, ready for demolition and 9-unit development. |
1 Lot Available
Lot
| Price | $1,350,000 | Lot Size | 2.82 AC |
| Price Per AC | $478,723.40 |
| Price | $1,350,000 |
| Price Per AC | $478,723.40 |
| Lot Size | 2.82 AC |
2.82ac in Matthews, NC. Zoned N1-A for by-right 9-unit duplex/triplex project. No rezoning required. Prelim plan includes 15% green/20% open space. Ideal build-to-rent/for-sale site near I-485. Existing 1947 vacant home (power/well) sold as-is.
Description
2.82 acres in Matthews (28105), Mecklenburg County, zoned N1-A. By-right opportunity for 9 total units (duplex/triplexconcept). Preliminary plan completed - no re-zoning required. Site provides required 15% green space with -20% openspace shown. Opportunity for build-to-rent or small scale for sale product in a strong South Charlotte submarket. Locatedon Tilley Morris Road with convenient access to I-485.
Property Taxes
| Parcel Number | 231-045-06 | Improvements Assessment | $13,700 |
| Land Assessment | $687,600 | Total Assessment | $701,300 |
Property Taxes
Presented by
4417 Tilley Morris Rd - Multi-Unit Development Site
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