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5.22 Acres Lot
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Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4253774
Lot Size 5.220 Acres
Acres 5.22
Property Sub-Type Acreage
Property Description
5.22-acre CORNER lot located at 5311 and 5315 University City Blvd. This listing includes two separate parcels, identified as Parcel ID 047-361-04 and 047-361-07.
Given its location and size, this property would be ideal for a townhome or apartment development. Directly across the street, Taylor Morrison is selling it's final few townhome units. Previous units sold in the range of $400k to $489k, indicating strong market demand in the area.
The site also offers convenient access to Uptown Charlotte, the University of North Carolina at Charlotte (UNCC), and I-85, making it a highly desirable location.
Additionally, there is an adjacent .36-acre lot owned by the Board of Education that could potentially be acquired separately, offering further development possibilities.
Given its location and size, this property would be ideal for a townhome or apartment development. Directly across the street, Taylor Morrison is selling it's final few townhome units. Previous units sold in the range of $400k to $489k, indicating strong market demand in the area.
The site also offers convenient access to Uptown Charlotte, the University of North Carolina at Charlotte (UNCC), and I-85, making it a highly desirable location.
Additionally, there is an adjacent .36-acre lot owned by the Board of Education that could potentially be acquired separately, offering further development possibilities.
Location
State NC
County Mecklenburg
Zoning N1-A
Exterior
Street Surface Other
Building
Sewer Tap Fee Required
Water Tap Fee Required
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Restrictions No Representation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Listed by De Yu • Paragon Real Estate Group • sam@paragoncharlotte.com
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "