For Sale
$1,500,000

2925 Derita Av.Charlotte, NC 28269

3-Acre Shopping Center, High-Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional investment opportunity: a 3.03-acre shopping center in Charlotte, North Carolina, zoned B-1. This property boasts a prime location along the new Charlotte Red Line high-speed transit rail, approximately 300 yards from a new transit station. The site features two existing small buildings slated for demolition, offering significant redevelopment potential. The property also includes a cell tower, which is available for separate negotiation. The land offers road frontage on both Gibbon Road and Derita Avenue. This area is experiencing rapid growth, with several large-scale developments underway, including townhomes and retail projects nearby. The asking price is $1,500,000, representing a land value of $500,000 per acre. The property's APN is 04513506. This is an individual ownership property. The property's address is 2925 Derita Ave, Charlotte, NC 28269. This is a unique chance to capitalize on the burgeoning Derita area's transformation.

Highlights

  • 3.03-acre site ideally situated along Charlotte's new Red Line light rail.
  • Approx. 300 yards from the new light rail station.
  • Prime location in the rapidly developing Derita area, near significant ongoing projects including new townhomes and retail at Mallard Creek and Sugar Creek Roads.
  • Two existing small buildings on site slated for demolition.
  • Property includes a cell tower, available for separate purchase.

Property Details for 2925 Derita Av.

Property type
Lifestyle centers, Power centers
Buildings
2
Lot Size (sq. ft)
131,987 SF

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.300288927805
Longitude
-80.803251330684
2925 Derita Av., Charlotte, North Carolina

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2925 Derita Av.
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