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Residential Land Near Mallard Creek
For Sale
$699,999

520 Lawrence Gray Road, Charlotte, NC 28262

Land, Charlotte, NC

Property SizeContact for details
Lot Size3.16 Acres
Days on Market789

Property Features for 520 Lawrence Gray Road

General Information

Property type Land
Property subtype Other
Zoning description N1-B
Lot features Cleared, Cul-De-Sac, Sloped
Elementary school Mallard Creek
Middle school Ridge Road
High school Mallard Creek
Standard status Active
APN 029-661-73
Lot size 3.16 Acres

Taxes and HOA fees

Tax Description TR-4 U/M
Legal Description TR-4 U/M
Listing Agency: MATHERS REALTY.COM
Listed By: Wallace Crawford · License #256716
Added: Sep 6, 2024 Changed: Aug 26 Last Checked: Nov 3 at 3:06AM
MLS# 4179423

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3.16-acre residential land is located near Mallard Creek and I-485. Zoned for single-family residential use, the property may support up to tri-plexes according to Char Meck Zoning, but cannot be rezoned for multifamily use. A home is currently situated on one of the three parcels and requires rehabilitation. The land may accommodate up to 8 homes. City water is available. The main sewer line stops at Mallard Woods, and the city indicates that a builder could connect to the main line, but the city will not facilitate the connection. The house is being sold as is. All three parcels are to be sold together.

Key Highlights

  • Prime location near Mallard Creek and I‑485.
  • 3.24 acres suitable for development.
  • Zoned for single‑family residential, potentially supporting up to tri‑plexes.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

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

54
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - 3.16 acres of residential land near Mallard Creek and I-485.
Where is this land located?
The property is located at 520 Lawrence Gray Road Charlotte, NC.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Prime location near Mallard Creek and I‑485.; 3.24 acres suitable for development.; Zoned for single‑family residential, potentially supporting up to tri‑plexes.
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