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Prime Development Opportunity in Charlotte
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1633 W Arrowood Rd, Charlotte, NC 28217

2.96 acres for hotel and retail development in Charlotte.

Property SizeContact for details
Lot Size2.96 Acres
Days on Market1045

Property Features for 1633 W Arrowood Rd

General Information

Standard status Active
Lot size 2.96 Acres
Property subtype Land
Zoning OFC
Listing Agency: Boundary Street Advisors
Listed By: William Haygood · License #NC 290707
Source: Crexi
Added: Oct 4, 2023 Changed: Aug 8 Last Checked: Aug 13 at 6:53AM

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 Boundary Street Advisors

Investment Insights

Based on property information with market context.

This property presents a prime development opportunity for hotel and retail purposes. The site encompasses approximately 2.96 acres and is positioned in the heart of South Charlotte, specifically at the junction of Interstates 77 and 485, offering exceptional accessibility to these highways. The location is proximate to residential communities including Uptown, Midtown/South End, SouthPark, Ballantyne, Fort Mill, and Berewick. The property is also situated minutes away from dining, shopping, and lodging options, and provides easy access to the Charlotte Douglas International Airport.

Key Highlights

  • Prime hotel and retail development opportunity on approximately 2.96 acres.
  • Located in the heart of South Charlotte at the junction of Interstates 77 and 485.
  • Exceptional accessibility to Interstates 77 and 485.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Storage Facility Bakery Electrical Service

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

513
Businesses Nearby

Demographics for 28217, NC

28,955
Population
13,615
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
80%
High-School Grad
14.9 sq mi
ZIP Area
1,943
Density / Sq Mi
$60,397
Median Household Income
$37,338
Median Earnings
$1,498
Median Rent
$238,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.96 acres for hotel and retail development in Charlotte.
Where is this commercial land located?
The property is located at 1633 W Arrowood Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime hotel and retail development opportunity on approximately 2.96 acres.; Located in the heart of South Charlotte at the junction of Interstates 77 and 485.; Exceptional accessibility to Interstates 77 and 485.
(704) 724-3330 Call to check price and availability
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