Search
Land and House Opportunity
For Sale
$1,100,000

5514 Grafton Place, Charlotte, NC 28212

Land and house with potential for apartments or business.

Property SizeContact for details
Lot Size0.98 Acres
Days on Market590

Property Features for 5514 Grafton Place

General Information

Standard status Active
Lot size 0.98 Acres
Property subtype Commercial

Amenities

Central air
Asbestos Shingle Roof
Carpet Flooring
Central Air Cooling
Heat Pump Cooling
Heat Pump Heating
Laminate Flooring
Linoleum Flooring
Natural Gas Heating
Sloped

Building Details

Year Built 1952
Listing Agency: J GODWIN REALTY
Listed By: JUDY GODWIN · License #231444
Source: Corcoran
Added: Jan 9, 2025 Changed: Aug 17 Last Checked: Aug 14 at 6:01AM

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 J GODWIN REALTY

Investment Insights

Based on property information with market context.

This property includes land consisting of two vacant lots facing Albemarle Road, along with a house located at 5514 Grafton Place, Charlotte, NC 28212. The total acreage is 0.981. The vacant lots are zoned R17MF. The house, built in 1952 and moved to the lot in the 1960s, features handmade elements. The property offers potential for apartments or business use, subject to rezoning of the house lot. City water, city sewer, and natural gas are available on the house lot. Availability of utilities for the vacant lots should be verified with the City of Charlotte, as tap fees have not been paid for these lots. This location is suitable for a business or project.

Key Highlights

  • Large .981 acre property consisting of two vacant lots and a house.
  • Zoned R17MF, suitable for apartments or business with rezoning of the house lot.
  • Excellent location on Albemarle Road.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Gym & Fitness Center 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

956
Businesses Nearby

Demographics for 28212, NC

41,009
Population
17,417
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
78%
High-School Grad
9.2 sq mi
ZIP Area
4,458
Density / Sq Mi
$51,530
Median Household Income
$35,596
Median Earnings
$1,274
Median Rent
$236,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land and house with potential for apartments or business.
Where is this residential land & home lot located?
The property is located at 5514 Grafton Place Charlotte, NC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Large .981 acre property consisting of two vacant lots and a house.; Zoned R17MF, suitable for apartments or business with rezoning of the house lot.; Excellent location on Albemarle Road.
More about this property
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