Prime South End Development
4044 Yancey Rd, Charlotte, NC 28217
Development site in a high-growth area near transit.
Type:Land
Lot size:
0.95 Acres- Added:
- May 18, 2024
- Days on Market:
- 736
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 4044 Yancey Rd
General Information
- Standard status
- Active
- Lot size
- 0.95 Acres
- Property subtype
- Land
Listing agent Stephen Lucas License #NC 149561
Listing office Optima Property Advisors LLC
Listing date May 18, 2024
Source Crexi
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 Optima Property Advisors LLC
HighLights
- Located in South End, a rapidly growing area with 12,000+ apartments, new office towers, and retail along a transit line.
- Zoned TOD‑TR, allowing for a 4‑story building with retail and offices.
- Proximity to major breweries (within 1 block) and other entertainment venues.
- Potential for a 2‑story retail building with a rooftop bar or ground floor retail with apartments/hotel suites above.
- Close to the LOSO Transit Station (3 blocks).
- Site is level and contiguous to utilities (water, sewer, gas, electric).
Overview
This commercial land parcel, located at 4044 Yancey Rd in Charlotte's South End, offers a development opportunity in a rapidly growing corridor. The site encompasses approximately 41,599 square feet, as per tax records. It is zoned TOD-TR (Transit Oriented Development – Transitional), which allows for buildings up to 50 feet in height, potentially accommodating a four-story structure suitable for retail and office spaces. The property is located within one block of two of the largest breweries in the state, entertainment venues, and office buildings. Additional nearby amenities include other breweries, restaurants, a pickleball court facility, a fitness center, and corporate office tenants. The LOSO Transit Station is located three blocks away. Utilities including water, sewer, gas, and electric are contiguous to the site. The topography of the land is level. The broker suggests a two-story retail building with a rooftop bar and surface parking. Rental rates are projected to range from $35 to $40 per square foot net. An alternative proposal involves ground-floor retail space for restaurants, with three floors above for apartments or hotel suites. The broker is seeking pre-leasing commitments for restaurant retail space.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8797385
- Latitude
- 35.1875189
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Development site in a high-growth area near transit.
Where is this commercial land located?
The property is located at 4044 Yancey Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Located in South End, a rapidly growing area with 12,000+ apartments, new office towers, and retail along a transit line.; Zoned TOD‑TR, allowing for a 4‑story building with retail and offices.; Proximity to major breweries (within 1 block) and other entertainment venues.
