3700 Nevin Road, Charlotte, North Carolina, United States, 28269

800,000
for Sale

About the property:

Charlotte Development Opportunity | ±3.95 Acres Exceptional opportunity to acquire two connected parcels totaling approximately 3.95 acres along Nevin Road in Charlotte. Ideal for a multifamily developer, builder or investor seeking to create value through entitlement and redevelopment. The highest-value concept to investigate is a modern 100–140+ unit multifamily community, with preliminary studies evaluating approximately 25–38 units per acre. Potential development could feature 3–5 story contemporary buildings, balconies, clubhouse, fitness center, landscaped outdoor amenities and resident gathering areas. The combined parcels provide greater flexibility for building placement, access, parking, utilities, stormwater and internal circulation. Alternative concepts may include senior/workforce housing, 35–60 townhomes, build-to-rent, missing-middle housing or detached residential development. Buyer Due Diligence Required: All development concepts and unit counts are preliminary illustrations only and are not approved or guaranteed. Buyer is solely responsible for independently verifying zoning/rezoning, allowable density, utilities, access, environmental conditions, stormwater, soils, permitting and overall development feasibility before purchase. Two connected parcels. ±3.95 acres. Multiple development possibilities. Potential for a 100+ unit Charlotte multifamily project.
Property Type:
Acreage
Status:
for Sale
House Style:
Other
Acres:
3.95
Association Fee:
0
Is Acreage:
Yes
Is Building:
Yes
Is Fitness:
Yes
Is Land:
Yes
Is Multiple:
Yes
Is Other:
Yes
Is Parking:
Yes
Is Unit:
Yes
Listing ID:
CAR4418357

Rooms

Dimensions

Brokered by:
Northgroup Real Estate Llc
Presented By:

Kristen Haynes

BIC, GC, CMRS Broker/Realtor, NC/SC

New Home Buyers Brokers / Realty Pros