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    401 Bowman Rd Charlotte, NC 28217

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    For Sale
    Contact for pricing

    1.29 Acres, Prime Location, Multi-Family Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.291-acre development site presents a remarkable opportunity in Charlotte's vibrant LoSo neighborhood. Located at 401 Bowman Rd, 3910 S. Tryon St, and 3901 S Tryon St, this property boasts three separate addresses within Mecklenburg County, NC, zip code 28217, and encompasses APN numbers 14519218, 14519219, and 14519220. Its prime location offers unparalleled walkability to popular local breweries including Gilde Brewery, Red Clay Ciderworks, Olde Mecklenburg Brewery, and Sugar Creek Brewing, as well as convenient access to the Scaleybark Lightrail stop. The site's strategic positioning is further enhanced by its adjacency to recently constructed and proposed high-end luxury apartments and new multi-family developments, underscoring its potential for significant returns. This is an ideal location for a multi-family development project, capitalizing on the area's rapid growth and high demand for residential housing. The property's size and location make it a truly exceptional investment opportunity in one of Charlotte's most sought-after neighborhoods. This is a residential land opportunity not to be missed.

    Property Features for 401 Bowman Rd

    General Information

    Property type
    Land
    Lot Size
    56,236 SF

    HighLights

    • 1.291 acres of land available for development in Charlotte, NC's LoSo neighborhood.
    • APN: 14519218, 14519219, 14519220.
    • Excellent multi‑family development opportunity in a rapidly growing area.
    • Walkable to breweries (Gilde, Red Clay Ciderworks, OMB, Sugar Creek) and the Scaleybark Lightrail station.
    • Adjacent to new luxury apartments and other multi‑family developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8804326
    Latitude
    35.1924322

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    FAQs

    What type of property is this?
    Land - 1.29 Acres, Prime Location, Multi-Family Potential
    Where is this land located?
    The property is located at 401 Bowman Rd Charlotte, NC.
    What are key features of this property?
    This property features: 1.291 acres of land available for development in Charlotte, NC's LoSo neighborhood.; APN: 14519218, 14519219, 14519220.; Excellent multi-family development opportunity in a rapidly growing area.
    (704) 749-5737
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    401 Bowman Rd Charlotte, NC 28217
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    Charlotte, NC 28217
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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
    401 Bowman Rd Charlotte, NC 28217
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