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Prime South End Development Site
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4044 Yancey Rd, Charlotte, NC 28217

Development site in a high-growth area near transit.

Property SizeContact for details
Lot Size0.95 Acres
Days on Market829

Property Features for 4044 Yancey Rd

General Information

Standard status Active
Lot size 0.95 Acres
Property subtype Land
Zoning TOD-TR
Listing Agency: Optima Property Advisors LLC
Listed By: Stephen Lucas · License #NC 149561
Source: Crexi
Added: May 18, 2024 Changed: Aug 23 Last Checked: Aug 24 at 4:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Optima Property Advisors LLC

Investment Insights

Based on property information with market context.

This commercial land parcel, located at 4044 Yancey Rd in Charlotte's South End, offers a development opportunity in a rapidly growing corridor. The site encompasses approximately 41,599 square feet, as per tax records. It is zoned TOD-TR (Transit Oriented Development – Transitional), which allows for buildings up to 50 feet in height, potentially accommodating a four-story structure suitable for retail and office spaces. The property is located within one block of two of the largest breweries in the state, entertainment venues, and office buildings. Additional nearby amenities include other breweries, restaurants, a pickleball court facility, a fitness center, and corporate office tenants. The LOSO Transit Station is located three blocks away. Utilities including water, sewer, gas, and electric are contiguous to the site. The topography of the land is level. The broker suggests a two-story retail building with a rooftop bar and surface parking. Rental rates are projected to range from $35 to $40 per square foot net. An alternative proposal involves ground-floor retail space for restaurants, with three floors above for apartments or hotel suites. The broker is seeking pre-leasing commitments for restaurant retail space.

Key Highlights

  • Located in South End, a rapidly growing area with 12,000+ apartments, new office towers, and retail along a transit line.
  • Zoned TOD‑TR, allowing for a 4‑story building with retail and offices.
  • Proximity to major breweries (within 1 block) and other entertainment venues.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

Demographics for 28217, NC

28,955
Population
13,615
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
80%
High-School Grad
14.9 sq mi
ZIP Area
1,943
Density / Sq Mi
$60,397
Median Household Income
$37,338
Median Earnings
$1,498
Median Rent
$238,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site in a high-growth area near transit.
Where is this commercial land located?
The property is located at 4044 Yancey Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Located in South End, a rapidly growing area with 12,000+ apartments, new office towers, and retail along a transit line.; Zoned TOD‑TR, allowing for a 4‑story building with retail and offices.; Proximity to major breweries (within 1 block) and other entertainment venues.
(704) 208-7877 Call to check price and availability
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