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    406 Oak St Charlotte, NC 28214

    Sponsored
    For Sale
    Under Contract
    $1,500,000

    LAND - Charlotte, NC

    Lot size:
    3.80 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 5 at 8:06 am

    Property Features for 406 Oak St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    035-052-16
    Lot size
    3.80 Acres

    The Downey Real Estate Group (704) 315-7590 [email protected]

    Listing agent Teresa Becker (980) 406-0653

    Listing date Dec 24, 2025

    MLS# 4309367 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 Approved for Development

    This is a solid investment opportunity with high income potential. The property consists of approximately 3.80 acres of I-2 (CD) Industrial Acreage with City-Approved Site Plans for a Truck Parking Lot. The land has been rezoned as I-2(CD), and the owners have already completed the multi-year planning approval and rezoning process. This parcel is located in Charlotte and is one of the few Industrial-zoned parcels in the area, allowing for the most intense Industrial use. The property has frontage along Fred D. Alexander Blvd, right off of NC-16 Brookshire Blvd. Its location provides quick access to I-85 and I-485, offering a rare opportunity to begin development quickly.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Truck terminals

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.916021
    Latitude
    35.288628

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    FAQs

    What type of property is this?
    Truck terminal - 3.8 acres of industrial land with approved site plans.
    Where is this truck terminal located?
    The property is located at 406 Oak St 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: - City-approved site plans for a truck parking lot included.; - Zoned I-2(CD) allowing for the most intense industrial use.; - Rare industrial-zoned parcel in Charlotte.
    (980) 406-0653
    Request Owner's contact information
    406 Oak St Charlotte, NC 28214
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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
    406 Oak St Charlotte, NC 28214
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