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5900 Nevin RoadCharlotte, NC 28269Price: $2,700,000

  • Price: $2,700,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,700,000List Price
Rare multifamily development opportunity offering 3.45 Acres of land at a prime location. Featuring 1616 ft of frontage on Nevin Road, this two-parcel assembly has already been rezoned to multifamily use and is approved for 60 units. The project is in the final stages of land development permitting, presenting an immediate turn-key opportunity for developers. Utilities infrastructure is in close proximity, making utility connections more convenient and cost-effective. 15 mins to uptown Charlotte, 10 mins to the University City and 5 mins to Charlotte's premier research park, home to multiple Fortune 500 companies, including IBM, Duke Energy, AT&T, etc. With the increasing demand for multi-family housing options in Charlotte, this property presents a remarkable opportunity to meet the needs of a growing market. The adjacent parcel 043-202-13 (6112 Rockwell Church Rd) is also available for sale at $1,000,000, which has been approved for 17 units. Buy both parcels for $3,500,000!
Listed by Zhengzheng Wiley of Keller Williams Ballantyne Area (zwiley@kw.com)

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