4000 Memorial Parkway Charlotte, NC 28217

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Listed by Meredith M. Mears · License #MD #672907 Show Phone

Source Svnmiller

Added: Jan 27 Updated: Jul 6 at 10:17AM Checked: Jul 21 at 6:22AM

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Investment Insights

Based on property information with market context.

This offering presents a self-storage development opportunity on a visible corner site in Charlotte, North Carolina. The parcel is approximately 1.9 acres in size, with approximately 1.3 acres developable. Zoned MUDD-O (Mixed Use Development District), the site is located at the entrance to City Park, a 150-acre master-planned community developed over the past 15 years. The property benefits from visibility and access, with approximately 21,400 vehicles per day along W. Tyvola Road. Conceptual plans call for a four-story facility totaling approximately 101,850 square feet of self-storage and 3,150 square feet of retail, enabling an efficient building design. ESRI projections indicate the population within a 10-mile radius is expected to reach 740,969 by 2059, with per capita income projected to increase 3.51% supporting long-term demand.

Key Highlights

• By‑right self‑storage development opportunity in a high‑growth urban market (Charlotte, NC).
• High visibility corner site with approximately 21,400 vehicles per day.
• Zoned MUDD‑O (Mixed Use Development District) allowing self‑storage development.

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FAQs

What type of property is this?

Commercial land - 1.9-acre corner site suitable for self-storage development with retail.

Where is this commercial land located?

The property is located at 4000 Memorial Parkway Charlotte, NC.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: By‑right self‑storage development opportunity in a high‑growth urban market (Charlotte, NC).; High visibility corner site with approximately 21,400 vehicles per day.; Zoned MUDD‑O (Mixed Use Development District) allowing self‑storage development.