1800 West Blvd Charlotte, NC 28208
- Commercial real estate
- 1.36 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1800 West Blvd
- Lot size
- 1.36 lot acres
- Property type
- Commercial real estate
- APN
- 1702208
Description
This exceptional 1.36-acre parcel, located at 1800 West Blvd in Charlotte, North Carolina, presents a remarkable opportunity for multifamily development. The property boasts a prime location in Mecklenburg County, with the APN 1702208. Its N2-B zoning permits the construction of multifamily residential units. A significant advantage is the high traffic volume, with an Annual Average Daily Traffic (AADT) of 19,000 vehicles on West Boulevard in 2022, ensuring excellent visibility and accessibility. The land's size and zoning allow for a substantial development project. Preliminary plans suggest the potential for approximately fourteen apartments averaging 900 square feet each, and eleven 20x44 townhomes, each including a single-car garage. This presents a unique chance to capitalize on the growing demand for residential housing in a vibrant Charlotte neighborhood. The asking price for this exceptional development opportunity is $395,000. The property's strategic location and zoning make it an ideal investment for developers seeking to create a thriving multifamily community. This is a rare opportunity to acquire a sizable parcel in a high-demand area of Charlotte. Don't miss out on this chance to build your next successful project.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.887506
- Latitude
- 35.215274
