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Ground Lease Development Land
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6420 Carmel Rd, Charlotte, NC 28226

Ground lease opportunity on rezoned land permitting up to 120,000 square feet for office or professional development.

Space SizeContact for details
Lot Size1.04 Acres
Days on Market282

Property Features for 6420 Carmel Rd

General Information

Standard status Active
Lot size 1.04 Acres
Property subtype LAND
Zoning O-1 (CD)

Site & Location

Neighborhood South Middle

Spaces For Lease

at 6420 Carmel Rd
Ground Lease AVAILABLE, Now
Type LAND
Rate Contact for pricing
Sublease No
Rare opportunity at a highly visible, well-located infill site in the desirable Carmel Road submarket. The property was recently rezoned to O-1 (CD), permitting the development of up to ±20,000 square feet. The site benefits from excellent visibility along a key corridor in an established, high-demand area. Given the strength of the location and surrounding uses, the property could potentially be rezoned back to retail, allowing for a broader range of uses and attracting retailers seeking strong exposure and brand presence.
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Listing Agency: KW Commercial-Ballantyne
Listed By: Matthew C. Hagler · License #206869
Source: Moodyscre
Added: Jan 21 Changed: Oct 26 Last Checked: Oct 28 at 7:57AM

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 KW Commercial-Ballantyne

Rey
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Investment Insights

Based on property information with market context.

For lease: a highly visible infill commercial land site offered through a ground lease. The property has recently been rezoned to O-1 (CD), permitting development of up to 120,000 square feet. The current entitlement supports build-to-suit use for an office or professional user seeking long-term control without purchasing the land outright.

Ownership is structuring the offering as a ground lease, which can fit tenants looking to develop, occupy, and lease back a custom facility from the landlord. The site is positioned along a key corridor in an established area, providing strong exposure for the developed use.

The remarks also note that the property could potentially be rezoned back to retail, which may broaden future use options depending on approvals. Interested parties should review zoning, development parameters, and ground lease terms directly with the landlord or their representatives.

Key Highlights

  • Ground lease opportunity on a highly visible infill site in the Carmel Road submarket
  • Recently rezoned to O‑1 (CD), permitting development of up to 120,000 sq ft
  • Suitable for build‑to‑suit office or professional development with long‑term land control via ground lease

Property Analytics

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Open Analytics

Suggested Use

Top Pick Auto Repair Shop Building Supply Restaurant Auto Parts Store Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,693
Businesses Nearby

Demographics for 28226, NC

40,513
Population
16,816
Households
2.4
Avg Household Size
41
Median Age
62%
College-Educated
96%
High-School Grad
14.7 sq mi
ZIP Area
2,756
Density / Sq Mi
$113,203
Median Household Income
$61,177
Median Earnings
$1,477
Median Rent
$560,100
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?
Commercial land - Ground lease opportunity on rezoned land permitting up to 120,000 square feet for office or professional development.
Where is this commercial land located?
The property is located at 6420 Carmel Rd Charlotte, NC.
What are key features of this property?
This property features: Ground lease opportunity on a highly visible infill site in the Carmel Road submarket; Recently rezoned to O‑1 (CD), permitting development of up to 120,000 sq ft; Suitable for build‑to‑suit office or professional development with long‑term land control via ground lease
(704) 408-8867 Call to check price and availability
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