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8801 Grier Rd - Rocky River & Grier Road Development Site 6.45 Acres of Residential Land in Charlotte, NC 28215
Investment Highlights
- ±6.45-acre site planned for 70 townhome lots with 22’ x 50’ dimensions.
- Located in Northeast Charlotte with excellent access to I-485.
- Strong demand drivers support both for-sale and build-to-rent strategies.
- Land development permits are imminent, reducing entitlement risk.
- Close to UNC Charlotte and multiple retail and dining amenities.
Executive Summary
An exceptional development opportunity is available on Grier Road in Northeast Charlotte, featuring approximately 6.45 acres of land with imminent approvals for a 70-lot townhome community. The proposed configuration includes 22’ x 50’ lot footprints, enabling efficient planning for either for-sale or build-to-rent strategies.
The site benefits from strong connectivity, with direct access to I-485 and proximity to UNC Charlotte, retail centers, and numerous dining options. These attributes create a compelling foundation for residential growth in a rapidly expanding submarket. The area continues to show steady demand for attached housing products, driven by population growth and economic vibrancy, making this site an attractive investment for developers seeking to capitalize on Charlotte’s robust housing market.
The site benefits from strong connectivity, with direct access to I-485 and proximity to UNC Charlotte, retail centers, and numerous dining options. These attributes create a compelling foundation for residential growth in a rapidly expanding submarket. The area continues to show steady demand for attached housing products, driven by population growth and economic vibrancy, making this site an attractive investment for developers seeking to capitalize on Charlotte’s robust housing market.
Property Facts Under Contract
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 6.45 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Residential | ||
| Zoning | N2 - A(CD) - Residential, Rezoning Petition 2024-087 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 6.45 AC |
| No. Stories | 1 |
| Zoning | N2 - A(CD) - Residential, Rezoning Petition 2024-087 |
1 Lot Available
Lot
| Lot Size | 6.45 AC |
| Lot Size | 6.45 AC |
70-lot townhome development, rezoned in January 2025, petition number 2024-087, Land Development permits imminent
Description
ACREAGE* ± 6.45 Acres PARCEL IDS 10508213 & 10508203 PROPOSED USE 70-Lot Townhome Development LOT CONFIGURATION 22’ x 50’ Townhome Lots ENTITLEMENTS Land development permits imminent LOCATION HIGHLIGHTS Located in Northeast Charlotte with excellent access to I-485, nearby retail and dining, and UNC Charlotte, providing strong demand drivers for both for-sale and build-to-rent townhomes. SALE PRICE Please Contact Broker
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $200,500 | |
| Land Assessment | $614,600 | Total Assessment | $815,100 |
Property Taxes
Parcel Numbers
Land Assessment
$614,600
Improvements Assessment
$200,500
Total Assessment
$815,100
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8801 Grier Rd - Rocky River & Grier Road Development Site
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