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Investment Highlights

  • Prime infill lot in Charlotte’s Steele Creek growth corridor.
  • Minutes to Charlotte Douglas International Airport.
  • Strong market fundamentals driving multi-family demand.
  • 1.28 acres with road frontage and utility access.
  • Close to I-77 and I-485 for regional connectivity.
  • Versatile site ideal for redevelopment or assemblage.

Executive Summary

Located within Charlotte’s expanding Steele Creek district, this parcel offers exceptional flexibility for vision-driven developers. It provides an opportunity to reposition a single-family property into a high-demand multi-family or mixed-use concept in a market characterized by strong residential absorption. Surging population growth in Southwest Charlotte and proximity to premium employers, interstate access, and transit corridors enhance its long-term value. The lot dimensions, installed utilities, and established road access reduce start-up costs for redevelopment initiatives. This property positions investors to capture market upside in one of Charlotte’s most active growth corridors.

Attachments

Marketing Brochure/Flyer

Property Facts

Price $559,548 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.28 AC

1 Lot Available

Lot

Price $559,548 CAD
Price Per AC $437,146.87 CAD
Lot Size 1.28 AC

1.28-acre lot with established road frontage and utilities in place, ideal for redevelopment into multi-family or residential community use.

Description

This property is currently a single-family home situated on a generous 1.28-acre lot in Charlotte’s rapidly growing Steele Creek area. With public road frontage, existing well and septic, and accessible utility connections, it offers a strong foundation for future redevelopment. The site’s R3 zoning supports a variety of uses, making it an excellent candidate for multi-family transformation or a private residential enclave. just minutes from major highways and retail corridors, residents will benefit from quick access to Uptown Charlotte, Charlotte Douglas International Airport, and nearby amenities. This location pairs growth potential with connectivity, creating an outstanding development opportunity.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
  • Listing ID: 40924963

  • Date on Market: 2026-06-15

  • Last Updated:

  • Address: 16423 Capps Road, Charlotte, NC 28278

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