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    520 Lawrence Gray Rd Charlotte, NC 28262

    Under Contract
    For Sale
    $699,999

    LAND - Charlotte, NC

    Lot size:
    3.16 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 520 Lawrence Gray Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    029-661-73
    Lot size
    3.16 Acres

    Mathers Realty (980) 721-9993 [email protected]

    Listing agent Wallace Crawford (980) 721-9993

    Listing date Oct 25, 2025

    MLS# 4179423 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

    Residential Land Near Mallard Creek

    This 3.16-acre residential land is located near Mallard Creek and I-485. Zoned for single-family residential use, the property may support up to tri-plexes according to Char Meck Zoning, but cannot be rezoned for multifamily use. A home is currently situated on one of the three parcels and requires rehabilitation. The land may accommodate up to 8 homes. City water is available. The main sewer line stops at Mallard Woods, and the city indicates that a builder could connect to the main line, but the city will not facilitate the connection. The house is being sold as is. All three parcels are to be sold together.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Building Supply Gym & Fitness Auto Repair Shop Skin Care Clinic Daycare Center Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.74679209
    Latitude
    35.35940997

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    FAQs

    What type of property is this?
    Residential land & home lot - 3.16 acres of residential land near Mallard Creek and I-485.
    Where is this residential land & home lot located?
    The property is located at 520 Lawrence Gray Rd Charlotte, NC.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: - Prime location near Mallard Creek and I-485.; - 3.24 acres suitable for development.; - Zoned for single-family residential, potentially supporting up to tri-plexes.
    (980) 721-9993
    Request Owner's contact information
    520 Lawrence Gray Rd Charlotte, NC 28262
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    Charlotte, NC 28262
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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
    520 Lawrence Gray Rd Charlotte, NC 28262
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