Listing Agency: CRE Charlotte Inc

Listed By: Mark Burdette · License #NC263009 Show Phone

Source: Crexi

Added: Oct 13, 2018 Changed: Oct 21 Last Checked: Oct 20 at 6:14PM

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Investment Insights

Based on property information with market context.

This multi-parcel assemblage is zoned ‘NC’ and located within an Opportunity Zone. The site is positioned on the Gold Trolley line at the French Street Station, presenting a favorable location for mixed-use development. Refer to the CityLYNX Gold Line information available on the Charlotte NC government website for additional details.

Key Highlights

• Located on the Gold Trolley line at French Street Station.
• Zoned ‘NC’ allowing for mixed‑use development.
• Located in an Opportunity Zone.

Property Analytics

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Current Use

Mamageesastnight Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store HVAC Service Building Supply

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

461

Businesses Nearby

Explore this area Business Placement

Demographics for 28216, NC

57,196

Population

24,902

Households

2.3

Avg Household Size

35

Median Age

35%

College-Educated

89%

High-School Grad

30.0 sq mi

ZIP Area

1,907

Density / Sq Mi

$64,977

Median Household Income

$43,643

Median Earnings

$1,464

Median Rent

$246,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Multi-parcel assemblage in Opportunity Zone, suitable for mixed-use development.

Where is this commercial land located?

The property is located at 505 Beatties Ford Rd Charlotte, NC.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Located on the Gold Trolley line at French Street Station.; Zoned ‘NC’ allowing for mixed‑use development.; Located in an Opportunity Zone.