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406 Oak St 3.8 Acres of Industrial Land Offered at $2,073,750 CAD in Charlotte, NC 28214

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INVESTMENT HIGHLIGHTS

Rare ML-2 zoning in Charlotte permits the most intense industrial uses, including logistics and heavy manufacturing.
Strategic frontage along Fred D. Alexander Blvd, just off NC-16 Brookshire Blvd, ensures visibility and access.
Multi-year planning and rezoning already completed by ownership, streamlining the path to construction.

Fully approved truck parking site plans eliminate entitlement risk and allow for immediate development.
Direct connectivity to I-85 and I-485 supports regional distribution and fleet operations.
Positioned in a high-demand industrial corridor with limited ML-2 parcels available.

EXECUTIVE SUMMARY

Charlotte’s ML-2 zoning is the most permissive industrial classification, allowing for intense manufacturing and logistics activities. This site is one of the few remaining ML-2 parcels in the region, underscoring its scarcity and long-term value. The surrounding area is a mix of industrial and commercial uses, with proximity to major transportation corridors, workforce housing, and regional distribution centers.

PROPERTY FACTS

Price	$2,073,750 CAD	Property Subtype	Industrial
Sale Type	Investment or Owner User	Proposed Use	Commercial Industrial Parking Lot
No. Lots	1	Total Lot Size	3.80 AC
Property Type	Land
Zoning	ML-2 - ML-2 Manufacturing and Logistics, allowing the most intense Industrial use.

Price	$2,073,750 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Commercial Industrial Parking Lot
Total Lot Size	3.80 AC
Zoning	ML-2 - ML-2 Manufacturing and Logistics, allowing the most intense Industrial use.

1 LOT AVAILABLE

Lot

Price	$2,073,750 CAD	Lot Size	3.80 AC
Price Per AC	$545,723.70 CAD

Price	$2,073,750 CAD
Price Per AC	$545,723.70 CAD
Lot Size	3.80 AC

ML-2 Industrial Acreage with City-Approved Site Plans for Truck Parking Lot. Final Approved Site Plans & Rezoning Complete.

DESCRIPTION

A solid investment opportunity with high income potential, ML-2 Industrial Acreage with City-Approved Site Plans for Truck Parking Lot. The owners have taken care of the extensive, multi-year planning approval and rezoning for you. Plans are fully approved and land has been rezoned as ML-2. This is one of Charlotte's few ML-2 Manufacturing and Logistics zoned parcels, allowing the most intense Industrial use. Approximately 3.80 Acres. Frontage along Fred D. Alexander Blvd, right off of NC-16 Brookshire Blvd. This prime location has quick access to I-85 and I-485. Leverage this rare opportunity to begin development quickly. Contact the listing agent for approved plans and more information.

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