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    1138 Alexander St N Charlotte, NC 28206

    Picture of Residential land & home lots at Alexander St N 1138, Charlotte, NC
    Under Contract
    For Sale
    $439,900

    LAND - Charlotte, NC

    Lot size:
    0.17 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for 1138 Alexander St N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    UR3CD
    APN
    08109401
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer

    Keller Williams Realty a dba of WinWin Charlotte Partners, LLC (704) 602-0400 [email protected]

    Listing agent Ryan Lewis (302) 388-0193

    Listing date Oct 15, 2025

    MLS# 4025372 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charlotte Land For Multi-Family Development

    This 0.17-acre property presents an opportunity for multi-family development in the Belmont/Optimist Park area of Charlotte, North Carolina. The site is located approximately 0.6 miles from Optimist Hall and the Parkwood Light Rail station, with walking trails nearby. The property is zoned UR3CD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.823749
    Latitude
    35.231148

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    FAQs

    What type of property is this?
    Residential land & home lot - Land in Belmont/Optimist Park area, suitable for multi-family development.
    Where is this residential land & home lot located?
    The property is located at 1138 Alexander St N Charlotte, NC.
    What is the asking price?
    The asking price for this property is $439,900.
    What are key features of this property?
    This property features: - Multi-family development opportunity in a fast-growing area.; - Located within 0.6 mile of Optimist Hall.; - Proximity to Parkwood Light Rail station (0.6 mile).
    (302) 388-0193
    Request Owner's contact information
    1138 Alexander St N Charlotte, NC 28206
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    Charlotte, NC 28206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1138 Alexander St N Charlotte, NC 28206
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