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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
Property Facts
Price | £1,735,800 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 2.86 AC |
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 | Lot Size | 2.86 AC |
Price Per AC | £606,923 |
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) |
Presented by
357 Sardis Rd N - 301-357 Sardis Rd N
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