5840 University Pointe Blvd Charlotte, NC 28262
- Land
- 2.39 lot acres
Current Use by Public Records
- Land
Property Details for 5840 University Pointe Blvd
- Lot size
- 2.39 lot acres
- Property type
- Land
Description
This 2.39-acre commercial land parcel in Charlotte, North Carolina, presents a unique investment opportunity. Located at 5840 University Pointe Blvd, in Mecklenburg County (zip code 28262), this property boasts a strategic location adjacent to IKEA and other established shopping centers, ensuring high visibility and accessibility. The asking price is $350,000. The property is zoned B-1SCD, allowing for a variety of commercial developments. According to the zoning department, permitted uses include, but are not limited to, hotels and restaurants. Utilities are readily available for connection from the street, simplifying the development process. The property's last assessed city tax value was $691,400. This parcel is available for both sale and ground lease, offering flexibility to potential investors and developers. Its prime location and versatile zoning make it an ideal site for a range of commercial ventures. Consider this exceptional opportunity to capitalize on Charlotte's thriving commercial market.
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
- -80.7596
- Latitude
- 35.2971
