7121-7223 Alexander Road

Charlotte, NC 28270

About this property

Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!

About this property

Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!

Features and Additional Information

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$2,500,000 Active Under Contract
0 SQFT

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Get in touch today! Phone: 1-910-515-5540
Brokerage
EXP Realty LLC Ballantyne
1-888-440-2798
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Area Information

Mecklenburg | Mecklenburg County |

$ 2,500,000
This listing is play_arrow 212.7% higher than the average in the area
$ 799,450 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
274 days on site
This listing is play_arrow 694.2% above the average in the area
35 days on site in the area

Schools in the Area

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    Elementary School
    Lansdowne
  • turned_in
    Middle School
    McClintock
  • turned_in
    High School
    East Mecklenburg

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Listed By Steve Casselman
Brokerage: EXP Realty LLC Ballantyne

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