7121-7223 Alexander RD

Charlotte,NC 28270

$ 2500000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Lot

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 4115505

Lot Size 3.080 Acres

Acres 3.08

Lot Dimensions 446.07x300

Property Description

Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!

Location

State NC

County Mecklenburg

Zoning N1-A

Building

Lot Description Other - See Remarks

Sewer Public Sewer,Private Sewer,Other - See Remarks

Water City

Schools

Elementary Schools Lansdowne

Middle Schools Mcclintock

High Schools East Mecklenburg

Others

Senior Community false

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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