5840 University Pointe BlvdCharlotte, NC 28262

  • Other commercial real estate
  • 2.39 AC
For Sale
$350,000 View listing

Property Details for 5840 University Pointe Blvd

Lot size
2.39 AC
Property type
Other commercial real estate
Property subtype
Other land

Description

This 2.39-acre commercial land parcel in Charlotte, North Carolina, presents a unique investment opportunity. Located at 5840 University Pointe Blvd, in Mecklenburg County (zip code 28262), this property boasts a strategic location adjacent to IKEA and other established shopping centers, ensuring high visibility and accessibility. The asking price is $350,000. The property is zoned B-1SCD, allowing for a variety of commercial developments. According to the zoning department, permitted uses include, but are not limited to, hotels and restaurants. Utilities are readily available for connection from the street, simplifying the development process. The property's last assessed city tax value was $691,400. This parcel is available for both sale and ground lease, offering flexibility to potential investors and developers. Its prime location and versatile zoning make it an ideal site for a range of commercial ventures. Consider this exceptional opportunity to capitalize on Charlotte's thriving commercial market.

5840 University Pointe Blvd, Charlotte, North Carolina
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Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2971
Longitude
-80.7596

Comparable in this City

Similar Nearby for Sale

Similar Nearby for Lease

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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