00 Mallard Creek Rd, Charlotte, NC 28262
This exceptional 0.8-acre commercial land parcel presents a unique development opportunity in Charlotte, NC, near Concord Mills. Located at 00 Mallard Creek Road, zip code 28262, this property (APN 029-181-08) is currently zoned residential but offers significant potential for commercial use, subject to rezoning. Its strategic location places it within easy reach of bustling shopping centers, a variety of restaurants, and thriving multifamily residential developments, indicating a strong existing and growing market. The seller has owned the property for at least one year. Existing infrastructure includes readily available power lines and access to Charlotte's water system, significantly reducing development hurdles. The surrounding area is experiencing rapid expansion, making this an ideal investment for businesses seeking to capitalize on the dynamic local economy. This is a rare chance to acquire a well-situated lot in a high-growth area, poised for significant future value appreciation. The asking price is $650,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.