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Charlotte Land Development Opportunity
For Sale
$1,050,000

449 Lawrence Gray Road, Charlotte, NC 28262

Land, Charlotte, NC

Property SizeContact for details
Lot Size2.94 Acres
Days on Market423

Property Features for 449 Lawrence Gray Road

General Information

Property type Land
Property subtype Other
Zoning description N2-B
Elementary school Mallard Creek
Middle school Ridge Road
High school Mallard Creek
Directions I-485 to Mallard Creek Rd West. Left on Breezewood Dr. Left on Lawrence Gray Rd.
Standard status Active
APN 029-664-01
Lot size 2.94 Acres

Taxes and HOA fees

Tax Description 2.937 ACRES PIN/PLSLIDE 02966401
Legal Description 2.937 ACRES PIN/PLSLIDE 02966401

Utilities

Sewer type Public Sewer
Listing Agency: Helen Adams Realty
Listed By: Bill Washburn · License #291649
Added: Jun 27, 2025 Changed: Aug 19 Last Checked: Aug 23 at 2:06PM
MLS# 4274907

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 2.94-acre parcel presents an excellent development opportunity near the I-485 and Mallard Creek Road interchange in Charlotte, NC. The property is already zoned for multi-family use (N2-B) and offers good visibility from I-485, with convenient access via the Mallard Creek Road on-ramp. The site features over 850 feet of road frontage. A conceptual plan suggests the potential for 48 units within two 3-story buildings, accompanied by 64 parking spaces, exceeding the required 48 spaces. An optional amenity area could be situated across the drainage ditch. City water and sewer services, along with other utilities, are accessible at the street. A physical survey is available, as is a topographical survey.

Key Highlights

  • Prime Development Opportunity: ~3ac parcel zoned for Multi‑Family (N2‑B) at I‑485 and Mallard Creek Rd interchange.
  • Excellent I‑485 Visibility and Easy Access**: High visibility from I‑485 and convenient on‑ramp access at Mallard Creek Rd.
  • Development Potential: Conceptual plan for 48 units in two 3‑story buildings.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Auto Repair Shop Law Firm HVAC Service

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

57
Businesses Nearby

Demographics for 28262, NC

46,048
Population
23,449
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
93%
High-School Grad
21.0 sq mi
ZIP Area
2,193
Density / Sq Mi
$66,757
Median Household Income
$47,201
Median Earnings
$1,481
Median Rent
$297,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.94 acre multi-family development site with I-485 visibility.
Where is this residential land & home lot located?
The property is located at 449 Lawrence Gray Road Charlotte, NC.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Prime Development Opportunity: ~3ac parcel zoned for Multi‑Family (N2‑B) at I‑485 and Mallard Creek Rd interchange.; Excellent I‑485 Visibility and Easy Access**: High visibility from I‑485 and convenient on‑ramp access at Mallard Creek Rd.; Development Potential: Conceptual plan for 48 units in two 3‑story buildings.
More about this property
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