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Monroe Rd
Charlotte, NC 28212
Multifamily lot R 17MF · Land For Sale · 2.32 AC

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Manufactured Homes or Mobile Home Park
  • Parking Lot
  • Single Family Development
  • Single Family Residence
Total Lot Size 2.32 AC
Zoning R 17MF - R 17MF, Multifamily zoning allowing 17 units on 1 acre, totaling up to 39 units

Description

New plat map for 38 units was just submitted for a City approval, consisting of 2 apartment buildings, each 13 apartments, totaling 26 apartments and 12 townhomes. New "LYNX Silver Light Trail" is planned to be just steps from the lot with Village Lake station. Rare find multifamily 2.32 acr lot zoned R-17 MF, which makes it ideal for multi-family development. This property is perfect for any builders, developers, investors with the possibility to be subdivided. There is a huge road frontage at Monroe rd and Village Lake Dr, located in South East Charlotte. Per current zoning, the city would allow 39 unit apartment condo buildings / townhouses to be built. This lot is located just 1 min away from East Independence st, providing easy access to shops, restaurants, etc and just 10min to Uptown. Only 2 min away from McAlpine Creek Greenway and McAlpine Creek Park, just steps to Matthews. Fully cleared and absolutely flat lot, ready to be built. There are 33 existing paved parking spaces and some paved roads already on the property. Opportunities are endless. Topographic survey and boundary lines surveys are done in June 2022, AutoCad map for engineers available. Parcel number 19109499. Buyer to verify all the above info with city and make own due diligence. Seller related to Licensed NC Real estate Broker

Property Taxes

Property Taxes

Parcel Number
191-094-99
Land Assessment
$800,100
Improvements Assessment
$0
Total Assessment
$800,100
  • Listing ID: 27006962

  • Date on Market: 10/31/2022

  • Last Updated:

  • Address: Monroe Rd, Charlotte, NC 28212

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