Price $719,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 12,154 sqft
Prime infill redevelopment opportunity in one of Charlotte's most active and rapidly appreciating growth corridors! Builders, developers, and land investors"”don't miss this rare chance to acquire a high-demand site minutes from Uptown, South End, and Dilworth, surrounded by ongoing redevelopment and new construction activity. This property offers exceptional "highest and best use" potential for future development while also providing a functional duplex structure for interim holding income. Currently a two-unit duplex, one unit is occupied and the other is vacant, offering flexibility for cash flow or repositioning. Separate electric, water, and gas meters are already in place, and there is no HOA"”ideal for investors and redevelopment planning. Located a short distance from the Light Rail Station, the property benefits from proximity to Charlotte's most desirable lifestyle and employment hubs, including restaurants, entertainment, shopping, hospitals, and major roadways. This is the type of location where land values continue to rise due to limited supply and strong demand. For investors pursuing a value-add strategy, nearby renovated duplex units have reportedly been listed for approximately $2,400-$2,500 per month per side, supporting strong rental upside through renovation and repositioning. Whether your plan is to renovate and maximize rental income, hold as a long-term asset, or explore future redevelopment and new construction possibilities, this property presents a rare opportunity to secure land in a premium infill location. Buyer to verify zoning, setbacks, and building requirements. Sold As-Is. Bring your vision"”properties in this corridor are increasingly difficult to find.
Property Type(s): Lot/Land/Acreage
Tract Colonial Village Year Built 0
Community Colonial Village County Mecklenburg

SCHOOLS

Elementary School Dilworth
Jr. High School Sedgefield
High School Myers Park

Additional Details

LOT 0.279 acre(s)
LOT DESCRIPTION Level
LOT DIMENSIONS 90 x 129 x 90 x142
MLS STATUS Active
SEWER Public Sewer
SUBDIVISION Colonial Village
UTILITIES Natural Gas Available, Electricity Connected

Location

 

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Listed with DPW Realty Group Inc
Date last updated: 2/9/26 9:24 PM PST

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