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    Land

    8605 Fairview Rd, Mint Hill, NC 28227

    Property ID
    Property summary
    AI-generated overview

    Exceptional development opportunity in thriving Mint Hill, North Carolina. This +/- 3.18-acre parcel boasts 265 feet of frontage on Fairview Road, offering excellent visibility and accessibility. Its strategic location provides convenient access to Highway 51 and is within a half-mile of Interstate 485, ensuring seamless connectivity to the greater Charlotte area. The property includes three existing homes, presenting immediate rental income potential while development plans are underway. This presents a unique opportunity to capitalize on the area's rapid growth and high demand for both residential and commercial properties. The asking price has recently been reduced to $1,600,000, making this an attractive investment. The land is zoned for both commercial and residential use, providing flexibility for a variety of development projects. Located in Mecklenburg County, at 8605 Fairview Rd, Mint Hill, NC 28227, this property offers a compelling blend of immediate return and long-term growth potential. Don't miss this chance to acquire a significant piece of land in one of Charlotte's fastest-growing suburbs.

    Property profile
    Verified
    Property type Land
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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