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Investment Highlights

  • ±3.12-acre land parcel on a key commercial corridor
  • Ideal for retail, medical, office, or self-storage development
  • ±291 feet of frontage on Albemarle Road

Executive Summary

±3.12-acre land parcel, representing one of the few remaining sites of this size available on this strategic commercial corridor. The property is being sold as a prime candidate for rezoning to accommodate a new commercial development. Given its significant frontage of approximately 291 feet on Albemarle Road and its position in a high-growth market, the site is ideally suited for a developer looking to capitalize on the demand for retail, medical, office, or self-storage facilities. The listing is supported by partners with extensive experience in navigating the local entitlement and rezoning process, providing a distinct advantage for a potential buyer. This is a rare opportunity to secure a substantial land holding with immense upside potential.

Property Facts

Price $890,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Daycare Center
  • Healthcare
  • Medical
  • Religious Facility
  • Self Storage
Total Lot Size 3.12 AC
Zoning N1-A - Excellent rezoning potential for light retail, medical, daycare, etc.

1 Lot Available

Lot

Price $890,000
Price Per AC $285,256.41
Lot Size 3.12 AC

±3.12 acres (Potential for +6 acres with neighbor) on Albemarle Rd with ±291' frontage. Rare site ideal for retail, office, medical, or self-storage. Strong rezoning potential in a high-growth corridor with major development upside.

Description

This ±3.12-acre land parcel is positioned along Albemarle Road, a major commercial corridor in East Charlotte. The property offers approximately 291 feet of frontage, providing excellent visibility and access. The site presents a strong opportunity for rezoning to accommodate new development. Its location within a high-growth market makes it suitable for retail, office, medical, or self-storage uses. This is an opportunity to acquire a well-located parcel with development potential on one of Charlotte’s most active and expanding corridors.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
109-072-15
Land Assessment
$208,300
Improvements Assessment
$166,400
Total Assessment
$374,700
  • Listing ID: 38088468

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 8705 Albemarle Rd, Charlotte, NC 28227

Contact the Sale Advisor

8705 Albemarle Rd - +3 Acres - Albemarle Rd

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