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3600 Primrose Ave - Primrose Ave

16.2 Acres of Industrial Land in Charlotte, NC 28208

Investment Highlights

  • ± 2.7 mi to I-77, ± 3.2 mi to I-85, ± 5.4 mi to I-485.
  • Opportunity Zone Location: Offers significant tax benefits for investors.
  • Suitable for industrial, residential, or mixed-use projects.
  • Close to major highways, ideal for businesses needing logistics access.
  • Zoning Mix: Zoned I-2 (Industrial) and R-8 (Residential), providing development flexibility.
  • Located within a region experiencing industrial and residential growth.

Executive Summary

Being within an Opportunity Zone, this property provides potential investors with significant tax advantages, including deferred or reduced capital gains taxes. This incentive, combined with the property’s prime location and zoning flexibility, creates strong development potential. Whether intended for industrial operations, residential housing, or a mixed-use project, this site offers ample space and opportunity to capitalize on the area's growth trajectory.

Attachments

Primrose Ave

Property Facts

Sale Type Investment Proposed Use Industrial
No. Lots 1 Building Class C
Property Type Land Total Lot Size 16.20 AC
Property Subtype Industrial Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Building Class C
Total Lot Size 16.20 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size 16.20 AC
Lot Size 16.20 AC

The property’s proximity to major transportation routes further enhances its appeal. Located just 2.7 miles from I-77, 3.2 miles from I-85, and 5.4 miles from I-485.

Description

This 16.2-acre property offers a prime development opportunity within an Opportunity Zone, providing significant tax incentives for investors. The land is comprised of three parcels: ±6.77 acres (Parcel ID #117-103-01), ±8.79 acres (Parcel ID #117-111-58), and ±0.64 acres (Parcel ID #117-111-59). With a mix of I-2 (Industrial) and R-8 (Residential) zoning, the site presents flexible use options, including industrial, commercial, or residential development, making it suitable for various projects.

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 117-103-01
  • 117-111-59
  • 117-111-58
 Improvements Assessment £0
Land Assessment £880,256 Total Assessment £880,256

PROPERTY TAXES

Parcel Numbers
Multiple
  • 117-103-01
  • 117-111-59
  • 117-111-58
Land Assessment
£880,256
Improvements Assessment
£0
Total Assessment
£880,256

zoning

Zoning Code I2 & R-8 (I-2 (Industrial) and R-8 (Residential))
I2 & R-8 (I-2 (Industrial) and R-8 (Residential))
(704) 458-1555

Contact

  • Listing ID: 24926380

  • Date on Market: 27/01/2022

  • Last Updated:

  • Address: 3600 Primrose Ave, Charlotte, NC 28208

The Land Property at 3600 Primrose Ave, Charlotte, NC 28208 is currently available for sale. Contact Piedmont Properties of the Carolinas, Inc. for more information.

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© 2024 CoStar Group

3600 Primrose Ave - Primrose Ave
(704) 458-1555 x

3600 Primrose Ave - Primrose Ave

James Plyler

(704) 458-1555

(704) 458-1555

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