NC > Charlotte
Charlotte, NC 28269,7501 Old Statesville RD
Charlotte, NC 28269,7501 Old Statesville RD
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Michelle Alexander Hovey

Michelle Alexander Hovey

+1(704) 756-5887
$5,500,000
Est. payment /mo
16 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lot

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 4028607

Lot Size 16.000 Acres

Acres 16.0

Property Sub-Type Lot

Property Description

PRIME LOCATION FOR NEW DEVELOPMENT ON 16.89+/- ACRES WITH OVER 740 FEET OF ROAD FRONTAGE on Old Statesville Road (HWY 115) just south of W T Harris. This site is being sold together with the adjoining properties at 7535 Old Statesville Rd and 5701 Ratcliffe Lane Properties have split zoning; CG and MHP per new UDO. Sellers anticipate developer rezoning and clearing the property. Future City of Charlotte 2040 Area Plan envisions Neighborhood 1 allowing for duplex, triplexes, or quadraplexes. Neighborhood 1 had 3 classifications A, B or C that specify minimum SF area per building unit, setbacks, etc. PROPOSED: RED LINE commuter rail and Community Activity Center with retail, dining and entertainment across Old Statesville Road. Existing mobile home leases will be terminated 30 days prior to closing. Buyer must handle any evictions, trailer abandonment, demolition and removal of remaining personal property. Mobile homes date back to 1958; there are approximately 56 units.

Location

State NC

County Mecklenburg

Zoning CG MHP

Exterior

Utilities Available Cable Available, Gas

Building

Sewer Public Sewer

Water City

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Restrictions No Representation

Acceptable Financing Cash, Construction Perm Loan, Nonconforming Loan

Listing Terms Cash, Construction Perm Loan, Nonconforming Loan

Special Listing Condition None

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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Gretel Howell • Allen Tate Lake Norman • [email protected]

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agent

Michelle Alexander Hovey

+1(704) 756-5887

Broker Associate | License ID: 275544

Broker Associate License ID: 275544

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