This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

357 Sardis Rd N - 301-357 Sardis Rd N

2.86 Acres of Residential Land Offered at £1,735,800 in Charlotte, NC 28270

Investment Highlights

  • Townhome Development Opportunity
  • Great Charlotte Location
  • Flexible and Accommodating Owner

Executive Summary

2.867 net acres in a prime South-Southeast Charlotte. Homes in the immediate vicinity sell from $450,000 to $850,000. This property would likely fit 20 townhomes selling in the low $500,000's. A site sketch and survey are available. Owner will cooperate with planning and rezoning. The owner will greatly reduce the price if rezoning is not needed. One house is owner occupied, the other rents for $1900/month (rental comps in the area would put this at $2,000-$2,500/month).

Property Facts

Price £1,735,800
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 2.86 AC

1 Lot Available

Lot

Price £1,735,800
Price Per AC £606,923
Lot Size 2.86 AC

2.867 net acres combined between two parcels. Both parcels have occupied single-family homes in great condition (2,980 SF and 1,724 SF). An estimated 20 town homes could be built on this lot, which includes are for tree-save and retention pond.

Description

Prime development opportunity in South-East Charlotte! This 2.867 acre property is located in a desirable area with existing homes selling between $450,000 and $850,000. The land presents a perfect opportunity to build a community of 20 townhomes, with a projected selling price in the low $500,000s. Additional details: Site sketch and survey available. Owner is cooperative for planning and rezoning processes. The property includes a currently occupied house and another one rented for $1900/month (market value suggests potential rent of $2,000-$2,500/month).

zoning

Zoning Code N1-A (Neighborhood 1 Zoning District)
N1-A (Neighborhood 1 Zoning District)
  • Listing ID: 32377169

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: 357 Sardis Rd N, Charlotte, NC 28270

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}