Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up – This is not one to miss, strike while the iron’s hot!
Listing courtesy of Steve Casselman at
Property Details
Price:
$2,500,000
MLS #:
2959223060
Status:
Active
Baths:
0
Address:
7121-7223 Alexander Rd
Type:
Land
City:
Charlotte
Listed Date:
Dec 1, 2023
State:
NC
ZIP:
28270
Lot Size:
134,165 sqft / 3.08 acres (approx)
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Community
- Address7121-7223 Alexander Rd Charlotte NC
- CityCharlotte
- Zip Code28270
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7121-7223 Alexander Rd
Charlotte, NC
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