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    3504 Colony Rd Charlotte, NC 28211

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    For Sale
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    9.134 Acres, Prime SouthPark Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.134-acre commercial land parcel presents a unique investment opportunity in Charlotte's prestigious SouthPark submarket. Located at 3504 Colony Rd, Charlotte, NC 28211 (APN: 17708156, 17708224), this property is zoned MUDD-O and offers significant development potential. Currently occupied by an 18-building condominium complex comprising 118 units, the site's true value lies in its expansive acreage and prime location. SouthPark's thriving environment boasts a dynamic mix of retail, office, mixed-use, hospitality, and multi-family developments, experiencing rapid growth. The property's proximity to SouthPark Mall, a luxury shopping destination, and a wealth of high-end dining options, including Rooster's Wood-Fired Kitchen, Baku, and Steak 48, further enhances its desirability. This site is ideally suited for a variety of development projects, including multi-family, mixed-use, retail, office, or hospitality ventures, making it an exceptional opportunity for investors seeking to capitalize on SouthPark's continued expansion and high demand. The property's size and location within this exclusive submarket make it a rare and highly sought-after asset.

    Property Features for 3504 Colony Rd

    General Information

    Property type
    Land
    Lot Size
    397,877 SF

    HighLights

    • 9.134‑acre commercial land parcel in Charlotte's SouthPark submarket.
    • Zoned MUDD‑O, offering significant development potential.
    • Currently improved with an 18‑building, 118‑unit condominium complex.
    • Prime location near SouthPark Mall and high‑end dining.
    • Suitable for multi‑family, mixed‑use, retail, office, or hospitality development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trianon Condominiums Condominium Complex

    Suggested Use

    Restaurant Law Firm Spa & Massage Realty agency Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8288475
    Latitude
    35.1589217

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    FAQs

    What type of property is this?
    Land - 9.134 Acres, Prime SouthPark Location
    Where is this land located?
    The property is located at 3504 Colony Rd Charlotte, NC.
    What are key features of this property?
    This property features: 9.134-acre commercial land parcel in Charlotte's SouthPark submarket.; Zoned MUDD-O, offering significant development potential.; Currently improved with an 18-building, 118-unit condominium complex.
    (704) 373-9797
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    3504 Colony Rd Charlotte, NC 28211
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    Charlotte, NC 28211
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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
    3504 Colony Rd Charlotte, NC 28211
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