$5,250,000
Price
6
# of parcels
+/- 1
Land Acres
UC-RAC
Zoning Type
$5,250,000
Price Per Acre
Fee Simple
Ownership Type

Opportunity Overview

  • Rare opportunity to acquire an urban infill redevelopment site in the 4th ward, northwest edge of Uptown Charlotte, next to I-77 exit, Irwin Creek greenway, bike lanes City Lynx Gold street car (Irwin Ave stop).
  • Site is zoned UC-RAC permitting multifamily, mixed-use, hospitality and commercial development through administrative site plan approval under Charlotte's UDO.
  • Existing improvements are considered to have no contributory value, allowing developers to pursue immediate redevelopment strategies.

Market Overview

  • Charlotte is one of the fastest growing metros in the U.S., with a population exceeding 2.8 million and sustained in-migration driven by employment opportunities and quality of life.
  • Sustained investment in Uptown and adjacent corridors: Since 2020, Center City has seen $4+ Billion in completed and planned development including multifamily, office and mixed-use projects.
  • Adoption of the Charlotte's 2040 Plan encourages transit-oriented, mixed use, and higher density residential development in areas surrounding Uptown.
FOR MORE DETAILS CONTACT
Marsha Anderson
Principal CRE Broker
(954) 353-8677
marsha@ma-realty.com
NC:329159, FL:BK3609359
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