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4044 Yancey Rd

1 Acre of Commercial Land Offered at $4,100,000 in Charlotte, NC 28217

Commercial Land North Carolina Charlotte 4044 Yancey Rd, Charlotte, NC 28217

Investment Highlights

  • Land site located in the middle of new development and entertainment district. New apartments, offices and breweries.

Executive Summary

Sale: Rare opportunity for South End Land development. The Proposed Site Plan is on two corners and offers great access and visibility with frontage on 3 streets. The site and proposed development could contain a 2-story retail building with surface parking or a larger 4 story building with a parking garage offering a mixed-uses of retail, office, meeting space, hotel or apartments. Retail space built to front on Yancey Rd is the best design for maximum pedestrian street exposure and the rear of the property on Peterson Street and Heriot St. is the best streets for surface parking or a parking garage.
Space for Lease: Broker is seeking tenants for pre-construction retail and office space lease up.

Property Facts

Price $4,100,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Retail
  • Apartment Units
  • Hotel
  • Restaurant
  • Storefront, Retail or Office
No. Lots 1 Total Lot Size 1.00 AC
Property Type Land
Price $4,100,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Apartment Units
  • Hotel
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.00 AC

1 Lot Available

Lot

Price $4,100,000 Lot Size 1.00 AC
Price Per AC $4,115,226
Price $4,100,000
Price Per AC $4,115,226
Lot Size 1.00 AC

Lower South End development parcel, of 41,599 SF (per tax file data), zoned TOD-TR, allows up to 50 foot high (4 story building). Land is level and fronts three streets (2 corners) for great access. Property is currently a gravel parking lot.

Description

South End parcel for development. Build your restaurant, retail store or offices here and add additional rental income. Also suitable for hotel and apartments.

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PROPERTY TAXES

Parcel Number 149-022-01 Improvements Assessment $0
Land Assessment $2,662,500 Total Assessment $2,662,500

PROPERTY TAXES

Parcel Number
149-022-01
Land Assessment
$2,662,500
Improvements Assessment
$0
Total Assessment
$2,662,500

zoning

Zoning Code TOD-TR (TOD-TR - transitional zoning allows a variety of uses for Retail, Office, Apartments and Hotel as the best uses.)
TOD-TR (TOD-TR - transitional zoning allows a variety of uses for Retail, Office, Apartments and Hotel as the best uses.)
(704) 208-7877

  • Listing ID: 31477953

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: 4044 Yancey Rd, Charlotte, NC 28217

More public record information on 4044 Yancey Rd, Charlotte, NC 28217

The Land Property at 4044 Yancey Rd, Charlotte, NC 28217 is currently available For Sale. Contact Optima Property Advisors LLC for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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4044 Yancey Rd, Charlotte, NC for sale Building Photo- Image 1 of 4
Yancey Site Aerial 1
4044 Yancey Rd, Charlotte, NC for sale Building Photo- Image 2 of 4
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4044 Yancey Rd, Charlotte, NC for sale Building Photo- Image 3 of 4
Yancey Area Map

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4044 Yancey Rd
(704) 208-7877 x

4044 Yancey Rd

Stephen Lucas

(704) 208-7877

(704) 208-7877

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