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    1800 West Blvd Charlotte, NC 28208

    Sponsored
    For Sale
    $395,000

    1.36 Acres, N2-B Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.36-acre parcel, located at 1800 West Blvd in Charlotte, North Carolina, presents a remarkable opportunity for multifamily development. The property boasts a prime location in Mecklenburg County, with the APN 1702208. Its N2-B zoning permits the construction of multifamily residential units. A significant advantage is the high traffic volume, with an Annual Average Daily Traffic (AADT) of 19,000 vehicles on West Boulevard in 2022, ensuring excellent visibility and accessibility. The land's size and zoning allow for a substantial development project. Preliminary plans suggest the potential for approximately fourteen apartments averaging 900 square feet each, and eleven 20x44 townhomes, each including a single-car garage. This presents a unique chance to capitalize on the growing demand for residential housing in a vibrant Charlotte neighborhood. The asking price for this exceptional development opportunity is $395,000. The property's strategic location and zoning make it an ideal investment for developers seeking to create a thriving multifamily community. This is a rare opportunity to acquire a sizable parcel in a high-demand area of Charlotte. Don't miss out on this chance to build your next successful project.

    Property Features for 1800 West Blvd

    General Information

    Property type
    Land
    Lot Size
    59,242 SF

    HighLights

    • $395,000 asking price.
    • 1.36‑acre land parcel.
    • N2‑B zoning (multi‑family permitted).
    • Mecklenburg County APN 1702208.
    • Located at 1800 West Blvd, Charlotte, NC 28208.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.887506
    Latitude
    35.215274

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    FAQs

    What type of property is this?
    Land - 1.36 Acres, N2-B Zoning, High Traffic
    Where is this land located?
    The property is located at 1800 West Blvd Charlotte, NC.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price.; 1.36-acre land parcel.; N2-B zoning (multi-family permitted).
    Request Owner's contact information
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    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
    1800 West Blvd Charlotte, NC 28208
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