Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5115 Freedom Dr Charlotte, NC 28208

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $555,000

    1.42-acre lot near Uptown Charlotte, zoned for multi-family dwellings.

    Property Features for 5115 Freedom Dr

    General Information

    Standard status
    Active

    Source: HOWARD HANNA ALLEN TATE SOUTHPARK Agent WALTER SIKES

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charlotte Land Ideal for Development

    This 1.42-acre lot, with the potential for up to 3.5 additional adjoining acres, is ideally situated near Uptown Charlotte. Zoned N2-B, it is specifically intended for multi-family dwellings, offering developers an exceptional opportunity to construct single or multi-family units. The property is located in a well-established area with easy access to major highways and public transit. City water and city sewer are available. The location provides convenient access to shopping, dining, entertainment, and medical facilities, and is just minutes from the airport. Recreation options are available at nearby venues like the Whitewater Center. The gentle topography offers a nice build site. There is no HOA.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Skin Care Clinic Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9195018
    Latitude
    35.2620185

    Nearby Similar for Sale

    • $1,899,000
      0.50 Acres

      Villa Heights Multifamily Investment Portfolio

      Seven-unit portfolio near NODA, renovated in 2020, flexible leasing options.
      1909 Pegram St, Charlotte, NC 28205
      View Details
    • New
      $1,750,000
      0.60 Acres

      Versatile Commercial Office in Oakhurst

      Multi-use commercial office space in a prime Charlotte location.
      5101 Monroe Rd, Charlotte, NC 28205
      View Details
    • $1,479,800
      0.20 Acres

      Versatile Duplex Near Camp North End

      Configurable duplex with rental potential near urban amenities.
      209 Keswick Ave, Charlotte, NC 28206
      View Details
    • $1,324,500
      0.19 Acres

      Modern Duplex in Historic Charlotte

      New construction duplex with modern finishes, ideal for investment.
      2001-1121 Renner St, Charlotte, NC 28216
      View Details
    • $1,324,500
      5,015 SF

      Modern Townhome Duet, No HOA

      New construction townhome duet in historic West Charlotte.
      2001-1121 Renner St, Charlotte, NC 28216
      View Details
    • New
      $425,000
      Pending

      Charlotte Duplex: Turn-Key Investment

      Duplex in prime Charlotte location, ideal for investors.
      1424 Wembley Dr, Charlotte, NC 28205
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.42-acre lot near Uptown Charlotte, zoned for multi-family dwellings.
    Where is this residential land & home lot located?
    The property is located at 5115 Freedom Dr Charlotte, NC.
    What is the asking price?
    The asking price for this property is $555,000.
    What are key features of this property?
    This property features: - Prime location minutes from Uptown Charlotte with easy access to highways, public transit, and the airport.; - Zoned N2-B, ideal for building single or multi-family dwellings.; - Large 1.42-acre lot with the potential to acquire up to 3.5 additional adjoining acres.
    (704) 364-6400
    Request Owner's contact information
    5115 Freedom Dr Charlotte, NC 28208
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5115 Freedom Dr
    Charlotte, NC 28208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5115 Freedom Dr Charlotte, NC 28208
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.