University East Dr - University East Business Park
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University East Dr - University East Business Park
4.52 Acres of Commercial Land Offered at $995,000 in Charlotte, NC 28213
Executive Summary
Gresset Commercial Real Estate and Royster Commercial Real Estate, on behalf of the owner, are pleased to act as the exclusive listing agents for University East & Old Concord, a ±4.52-acre development opportunity in Charlotte, North Carolina.
The properties are located within the University submarket, along University East Drive near major arterial road E WT. Harris Blvd. The immediate area includes a mix of uses, with attached single-family homes and multifamily communities, retail, hotels, medical office, and traditional suburban office parks.
University East & Old Concord provides optionality for potential developers, who could build residential or other uses onsite.
University City has benefitted from recent development in residential, office, and retail, capital improvements and expansion at the University, job growth in North Charlotte including Albemarle Corp. and Eli Lilly.
The properties are located within the University submarket, along University East Drive near major arterial road E WT. Harris Blvd. The immediate area includes a mix of uses, with attached single-family homes and multifamily communities, retail, hotels, medical office, and traditional suburban office parks.
University East & Old Concord provides optionality for potential developers, who could build residential or other uses onsite.
University City has benefitted from recent development in residential, office, and retail, capital improvements and expansion at the University, job growth in North Charlotte including Albemarle Corp. and Eli Lilly.
Property Facts
| Price | $995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 4.52 AC |
| No. Lots | 1 | Cross Streets | Concord |
| Property Type | Land |
| Price | $995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.52 AC |
| Cross Streets | Concord |
1 Lot Available
Lot 2
| Price | $995,000 | Lot Size | 4.52 AC |
| Price Per AC | $220,133 |
| Price | $995,000 |
| Price Per AC | $220,133 |
| Lot Size | 4.52 AC |
Lot 2 consisting of 4.52 AC
Description
4.52 AC of office flex campus land now available for purchase.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,065,000 | Total Assessment | $1,065,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,065,000
Improvements Assessment
$0
Total Assessment
$1,065,000
zoning
| Zoning Code | OFC (Office flex campus) |
| OFC (Office flex campus) |
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Henri Gresset -
Gresset Commercial Real Estate
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University East Dr - University East Business Park
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