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    Mineral Springs Rd Charlotte, NC 28262

    For Sale
    $92,000

    LAND - Charlotte, NC

    Lot size:
    0.31 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for Mineral Springs Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    047-034-02
    Lot size
    0.31 Acres

    Utilities

    Sewer type
    Public Sewer

    Keller Williams Ballantyne Area (704) 887-6600 [email protected]

    Listing agent Lorenza Boone (704) 594-1270

    Listing date Oct 17, 2025

    MLS# 4284779 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 Development Opportunity

    This is a 0.31 acre lot zoned R17MF, suitable for multifamily housing. It is located in The Derita Community, adjacent to Walgreens and Derita Presbyterian Church. The site offers visibility and accessibility, and is located minutes from Uptown Charlotte via Graham Street. The property is within walking distance to the proposed Future Red Line Light Rail. City water, sewer, and electrical connections are located nearby. The lot is positioned for long-term growth and investment and offers potential for townhomes, duplexes, or other medium-density residential options in a high-demand market.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.79295425
    Latitude
    35.29286049

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    FAQs

    What type of property is this?
    Land - 0.31 acre lot zoned R17MF, ideal for multifamily housing.
    Where is this land located?
    The property is located at Mineral Springs Rd Charlotte, NC.
    What is the asking price?
    The asking price for this property is $92,000.
    What are key features of this property?
    This property features: - Prime development opportunity in a rapidly evolving area.; - Zoned R17MF, perfect for multifamily housing.; - Walking distance to the proposed Future Red Line Light Rail.
    (704) 594-1270
    Request Owner's contact information
    Mineral Springs 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
    Mineral Springs Rd Charlotte, NC 28262
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