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    Alleghany/Ashley Alleghany St Charlotte, NC 28208

    Sponsored
    For Sale
    $1,084,700

    Prime Charlotte location, two parcels, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.73-acre commercial land offering presents a rare opportunity in a highly desirable Charlotte neighborhood. Situated near Camp Greene Park and conveniently located off Freedom Drive near the City View Shopping Center, this property comprises two contiguous parcels (PIDs 06714218 and 06714219), sold together, presenting significant development potential. The land's prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. The area is known for its strong residential and commercial growth, ensuring a robust market for future development. The combined acreage provides ample space for a substantial project, allowing for flexibility in design and functionality. While the tax value listed reflects only one parcel, the combined value of both parcels offers significant investment potential. This is a unique opportunity to acquire a substantial land holding in a thriving Charlotte location. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime piece of Charlotte real estate. The property's proximity to both residential areas and established commercial centers makes it an attractive investment for developers and businesses alike.

    Property Features for Alleghany/Ashley Alleghany St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    75,359 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.88596
    Latitude
    35.23975

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Charlotte location, two parcels, development potential.
    Where is this commercial real estate located?
    The property is located at Alleghany/Ashley Alleghany St Charlotte, NC.
    What is the asking price?
    The asking price for this property is $1,084,700.
    (704) 277-4595
    Request Owner's contact information
    Alleghany/Ashley Alleghany St Charlotte, NC 28208
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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
    Alleghany/Ashley Alleghany St Charlotte, NC 28208
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