7535 Old Statesville Road

7535 Old Statesville Road

Charlotte, NC 28269
$5,500,000

  • Lot Size: 16 Acres
Description

PRIME LOCATION FOR NEW DEVELOPMENT ON 16.89+/- ACRES WITH OVER 740 FEET OF ROAD FRONTAGE on Old Statesville Road (HWY 115) just south of W T Harris. This site is being sold together with the adjoining properties at 7535 Old Statesville Rd and 5701 Ratcliffe Lane. Properties have split zoning; CG and MHP per new UDO. Sellers anticipate developer rezoning and clearing the property. Future City of Charlotte 2040 Area Plan envisions Neighborhood 1 allowing for duplex, triplexes, or quadraplexes. Neighborhood 1 had 3 classifications A, B or C that specify minimum SF area per building unit, setbacks, etc. PROPOSED: RED LINE commuter rail and Community Activity Center with retail, dining and entertainment across Old Statesville Road. Existing mobile home leases will be terminated 30 days prior to closing. Buyer must handle any evictions, trailer abandonment, demolition and removal of remaining personal property. Mobile homes date back to 1958; there are approximately 56 units.

Property Summary
Property Type: Commercial Sale Property Subtype : Business
Year Built : 1931 Construction Type : N/A
Lot Size : 16 Acres
More Information
  • Water Source : City
  • Road : Publicly Maintained Road
  • Possible Use : Commercial, Development, Industrial, Multi-Family, Other - See Remarks

Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
Allen Tate Lake Norman
Gretel Howell
704-451-5060
Contact Us