3.85 Acre Infill Land
For Sale
Contact for pricing
Pending
S Summit Ave., Charlotte, NC
3.85 acre infill land in an Opportunity Zone.
Property SizeContact for details
Lot Size3.85 Acres
Days on Market1031
Property Features for S Summit Ave.
General Information
Standard status
Pending
Lot size
3.85 Acres
Property subtype
LAND
Listing Agency:
Walters Commercial Real Estate Services, LLC
(704) 608-0212
Listed By:
Norman Walters · License #112749
(704) 608-0212
Source:
Moodyscre
Added: Oct 18, 2023
Changed: Aug 8
Last Checked: Aug 13 at 4:44AM
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 Walters Commercial Real Estate Services, LLC
Investment Insights
Based on property information with market context.
This 3.85-acre infill land is for sale and is located in an Opportunity Zone. Zoned NC - Neighborhood Center, it is situated in FreeMoreWest and the CLT Central Business District. The site is located in a flood plain, requiring any building to be constructed over a parking deck that allows the first floor to flood. A "dry land variance" for emergency vehicular access to the property would also be required. Potential uses include outdoor sports courts or athletic fields, a community garden, an event lawn, seasonal sales such as Christmas tree lots or pumpkin patches, outdoor entertainment like mini-golf, a driving range, go-karts, or batting cages, an outdoor event venue for weddings, festivals, or seasonal fairs, fitness/recreation such as CrossFit or sports training, or a parking lot. The location is just off W. Morehead Street, offering scenic views of Uptown Charlotte and immediate access to I-77 and I-277. The surrounding amenity-rich micro market includes hundreds of new multifamily units and an abundance of creative office, retail, and restaurants, all within walking distance of the site.
Key Highlights
- 3.85 acre infill land for sale with potential for various uses.
- Located in an opportunity zone.
- Zoned NC - Neighborhood Center.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,458
Businesses Nearby
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Frequently Asked Questions
What type of property is this?
Land - 3.85 acre infill land in an Opportunity Zone.
Where is this land located?
The property is located at S Summit Ave. Charlotte, NC.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 3.85 acre infill land for sale with potential for various uses.; Located in an opportunity zone.; Zoned NC - Neighborhood Center.
