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    OFF-MARKET
    Land

    1730 State Rd, Charlotte, NC 28262

    3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3-acre commercial land parcel presents a remarkable redevelopment opportunity in Charlotte, North Carolina. Located at 1730-1740 Salome Church Road, this property boasts a highly desirable R-3 zoning classification, opening doors to a variety of development possibilities. The site is strategically positioned less than half a mile from the I-485/North Tryon Street interchange and the PNC Music Pavilion, ensuring high visibility and convenient access. Surrounded by existing multi-family and retail developments, this location offers significant potential for growth and return on investment. The property's convenient location benefits from substantial traffic counts, with North Tryon Street registering 32,000 vehicles per day and Salome Church Road seeing 4,400 vehicles per day. The seller is willing to cooperate with rezoning requests, adding further flexibility for prospective buyers. This is a rare chance to acquire a sizable, well-located commercial land parcel in a thriving Charlotte neighborhood. The asking price for this exceptional opportunity is $925,000. The property is situated in Mecklenburg County, NC, zip code 28262.

    Property profile
    Verified
    Property type Land
    Lot 3 ac (130,680 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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