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2509 Hart Rd - Fully Entitled Development Opportunity - CLT 18.5 Acres of Commercial Land Offered at $10,382,815 CAD in Charlotte, NC 28214



Investment Highlights
- 11 miles to Uptown Charlotte, New Charter School under construction behind property, near Mountain Island Lake.
Executive Summary
Fully Entitled 18.5± Acre Residential Development Opportunity | Charlotte, NC
Rare opportunity to acquire an 18.5± acre contiguous residential land assemblage entitled for approximately 130 residential lots in one of Charlotte's fastest-growing development corridors. With entitlements substantially complete and extensive due diligence available, this offering provides an accelerated path to development while significantly reducing entitlement risk.
The assemblage consists of five contiguous parcels located at 2509 Hart Rd, 2413 Hart Rd, 2323 Hart Rd, 12629 Hart Rd, and 12701 Hart Rd, offering the scale and flexibility increasingly sought by national and regional homebuilders.
Developers may pursue the approved 130-lot attached residential plan or capitalize on Charlotte's Residential Through Affordable Program (RTAP), with engineering supporting the development of approximately 82 single-family homes. See attached sketch for single family design.
The property is further enhanced by its location adjacent to a new charter school currently under development, reflecting continued investment and strengthening the area's long-term residential appeal.
Investment Highlights
• 18.5± contiguous acres
• Five contiguous parcel assemblage
• Entitled for approximately 130 residential lots
• Alternative RTAP plan supporting approximately 82 single-family homes
• Multiple executable residential product strategies
• Adjacent to a new charter school under development
• Extensive engineering, entitlement, and due diligence package available in a secure data room
• Excellent access to employment centers, shopping, schools, and major transportation corridors
Charlotte continues to rank among the nation's strongest housing markets, driven by sustained population growth, corporate expansion, and limited inventory of entitled residential land. Opportunities of this size, entitlement status, and development flexibility are increasingly rare.
Qualified purchasers will be provided access to a secure data room containing engineering, entitlement, and supporting due diligence documentation.
Rare opportunity to acquire an 18.5± acre contiguous residential land assemblage entitled for approximately 130 residential lots in one of Charlotte's fastest-growing development corridors. With entitlements substantially complete and extensive due diligence available, this offering provides an accelerated path to development while significantly reducing entitlement risk.
The assemblage consists of five contiguous parcels located at 2509 Hart Rd, 2413 Hart Rd, 2323 Hart Rd, 12629 Hart Rd, and 12701 Hart Rd, offering the scale and flexibility increasingly sought by national and regional homebuilders.
Developers may pursue the approved 130-lot attached residential plan or capitalize on Charlotte's Residential Through Affordable Program (RTAP), with engineering supporting the development of approximately 82 single-family homes. See attached sketch for single family design.
The property is further enhanced by its location adjacent to a new charter school currently under development, reflecting continued investment and strengthening the area's long-term residential appeal.
Investment Highlights
• 18.5± contiguous acres
• Five contiguous parcel assemblage
• Entitled for approximately 130 residential lots
• Alternative RTAP plan supporting approximately 82 single-family homes
• Multiple executable residential product strategies
• Adjacent to a new charter school under development
• Extensive engineering, entitlement, and due diligence package available in a secure data room
• Excellent access to employment centers, shopping, schools, and major transportation corridors
Charlotte continues to rank among the nation's strongest housing markets, driven by sustained population growth, corporate expansion, and limited inventory of entitled residential land. Opportunities of this size, entitlement status, and development flexibility are increasingly rare.
Qualified purchasers will be provided access to a secure data room containing engineering, entitlement, and supporting due diligence documentation.
Property Facts
| Price | $10,382,815 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | Single Family Development | |
| No. Lots | 1 | Total Lot Size | 18.50 AC |
| Zoning | N1-D | ||
| Price | $10,382,815 CAD |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 18.50 AC |
| Zoning | N1-D |
1 Lot Available
Lot
| Price | $10,382,815 CAD | Lot Size | 18.50 AC |
| Price Per AC | $561,233.26 CAD |
| Price | $10,382,815 CAD |
| Price Per AC | $561,233.26 CAD |
| Lot Size | 18.50 AC |
Fully Entitled 18.5± Acre Residential Development Opportunity in Charlotte’s fast-growing Mountain Island corridor. Currently approved for 130 attached units, with engineering supporting an RTAP layout for ~82 single-family lots. Excellent Location!
Description
Seller will provide Due Diligence Folder
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Savalex Homes
2509 Hart Rd - Fully Entitled Development Opportunity - CLT
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