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524 Dawn Cir - 524 Dawn Circle 4.26 Acres of Commercial Land Offered at $585,000 in Charlotte, NC 28213
Investment Highlights
- Multi-lot Mecklenburg County tract for single family home development
- Convenient to I-85 and LYNX light rail
- Midway between uptown Charlotte and UNC Charlotte
- Pond setting
- Convenient to restaurants and retail
- Connects to Toby Creek Greenway and Cross Charlotte Trail system
Executive Summary
This unique 4.26 +/- acre parcel in Mecklenburg County has a 1.41 +/- acre pond leaving 2.85 +/- usable acres before setbacks and buffers. It is an open canvas with sufficient acreage for a homebuilder to carve out 6+ lots for N1-B zoned single family home development in a location that is in high demand for home buyers. The property is in an established neighborhood midway between uptown Charlotte and UNC Charlotte and a short walk to the Old Concord Road light rail station for the LYNX Blue Line. Restaurants and plenty of retail nearby. Dawn Circle is the connector for the Toby Creek Greenway and the Cross Charlotte Trail system. Located very close to I-85 and just off of N. Tryon Street, there are two access points along Dawn Circle and a third off of Austin Dr through a deeded right-of-way easement. Area serviced by Charlotte sewer and water.
Property Facts
| Price | $585,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 4.26 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | N1-B - N1-B | ||
| Price | $585,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 4.26 AC |
| Opportunity Zone |
Yes |
| Zoning | N1-B - N1-B |
1 Lot Available
Lot
| Price | $585,000 | Lot Size | 4.26 AC |
| Price Per AC | $137,323.94 |
| Price | $585,000 |
| Price Per AC | $137,323.94 |
| Lot Size | 4.26 AC |
4.26 +/- acre parcel - 1.41 +/- acre pond leaving 2.85 +/- usable acres before setbacks and buffers
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 089-212-06 | Improvements Assessment | $169,200 |
| Land Assessment | $337,600 | Total Assessment | $506,800 |
Property Taxes
Parcel Number
089-212-06
Land Assessment
$337,600
Improvements Assessment
$169,200
Total Assessment
$506,800
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524 Dawn Cir - 524 Dawn Circle