Charlotte Peterson Dr Charlotte, NC 28217
- Land
- 1.68 lot acres
Current Use by Public Records
- Land
Property Details for Charlotte Peterson Dr
- Lot size
- 1.68 lot acres
- Property type
- Land
Description
This exceptional 1.677-acre land assemblage in Charlotte's Lower South End presents a compelling multi-family development opportunity. Strategically located near the Scaleybark Light Rail Station, this property offers unparalleled access to Uptown Charlotte and I-77, ensuring convenient connectivity for future residents. The site is zoned TOD-CC and TOD-TR, allowing for a variety of high-density residential projects. The assemblage comprises five parcels, including five existing buildings with varying square footages: Building A (3,590+/- sq ft), Building B (2,912+/- sq ft), Building C (3,300+/- sq ft), Building D (1,680+/- sq ft), and Building E (7,894+/- sq ft). This unique combination of land and existing structures provides flexibility for developers seeking to maximize their investment. The property's prime location within the rapidly growing Lower South End neighborhood promises strong rental demand and significant long-term appreciation. This is a rare opportunity to acquire a substantial land parcel in a highly desirable area with excellent transit access and zoning that supports high-density residential development. The existing buildings offer potential for immediate income generation or redevelopment. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8783
- Latitude
- 35.1882
