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2321 Crescent Ave - Eastover Assemblage

0.75 Acres of Residential Land in Charlotte, NC 28207

Investment Highlights

  • Rare Eastover Assemblage
  • Approved Rezoning plan for high end development
  • Value add Office/Retail opportunity
  • Fully leased thru 2026
  • Wealthiest zip code in the Carolinas

Executive Summary

Rare Eastover infill Development Opportunity in the wealthiest zip code in the Carolinas. These three parcels are surrounded by some of the grandest homes in Charlotte and in close proximity to a number of new developments including The Regent, Charlotte Pipe & Foundry’s new Training Facility, Chase Bank’s new Eastover Branch, and a number of other new developments either under construction or
soon to be completed.
This Property benefits from being just off Providence Road/Fourth Street with extremely high traffic counts, as this artery leads into Charlotte’s CBD. Two of the three parcels are favorably zoned and entitled for up to 12 residential condos with ground-level retail. The third parcel, facing Cherokee Rd., has been remodeled and currently occupied by one Charlotte’s most notable interior designers. The Property is currently 100% occupied through end of 2026, offering a developer income while development plans are set into place.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.75 AC

1 Lot Available

Lot

Lot Size 0.75 AC

Rare assemblage in Eastover.

Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 155-033-07
  • 155-033-14
Land Assessment
£2,144,186
Improvements Assessment
£349,054
Total Assessment
£2,493,240

zoning

Zoning Code NS (Neighborhood Services)
NS (Neighborhood Services)
  • Listing ID: 33301924

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 2321 Crescent Ave, Charlotte, NC 28207

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