For Sale
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Charlotte Peterson DrCharlotte, NC 28217

1.677 Acres, TOD Zoning, Lower South End

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.677-acre land assemblage in Charlotte's Lower South End presents a compelling multi-family development opportunity. Strategically located near the Scaleybark Light Rail Station, this property offers unparalleled access to Uptown Charlotte and I-77, ensuring convenient connectivity for future residents. The site is zoned TOD-CC and TOD-TR, allowing for a variety of high-density residential projects. The assemblage comprises five parcels, including five existing buildings with varying square footages: Building A (3,590+/- sq ft), Building B (2,912+/- sq ft), Building C (3,300+/- sq ft), Building D (1,680+/- sq ft), and Building E (7,894+/- sq ft). This unique combination of land and existing structures provides flexibility for developers seeking to maximize their investment. The property's prime location within the rapidly growing Lower South End neighborhood promises strong rental demand and significant long-term appreciation. This is a rare opportunity to acquire a substantial land parcel in a highly desirable area with excellent transit access and zoning that supports high-density residential development. The existing buildings offer potential for immediate income generation or redevelopment. Serious inquiries are encouraged.

Highlights

  • Desirable Lower South End location.
  • Multi-family development opportunity.
  • 1.677+/- acre five-parcel assemblage.
  • TOD-CC and TOD-TR zoning.
  • Proximity to Scaleybark Light Rail Station.
  • Convenient access to Uptown and I-77.

Property Details for Charlotte Peterson Dr

Property type
Land
Lot Size (sq. ft)
73,050 SF

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.1882414
Longitude
-80.8783467
Charlotte Peterson Dr, Charlotte, North Carolina

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Charlotte Peterson Dr
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