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5007 Statesville Rd - Parkview Residential-Development Opportunity 9.05 Acres of Commercial Land Offered at $6,784,050 CAD in Charlotte, NC 28269

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INVESTMENT HIGHLIGHTS

±9.05-acre residential development site
Option to acquire parcels separately
Surrounded by new & established communities

Entitled for 150 apartments & 54 townhomes
Strong frontage & excellent accessibility
Located near Ryan Homes’ Dillon Lakes

EXECUTIVE SUMMARY

The property is offered at $4,900,000 and is identified as Mecklenburg County Tax Parcel 04115614. Zoning classifications N2-B(CD) and UR-2(CD) are in place, along with an existing Brownfield Agreement that provides additional development flexibility. The site can be acquired as a whole or divided between the multifamily and townhome parcels, giving investors or builders the opportunity to tailor their purchase to their specific needs. With strong residential momentum in the surrounding area and excellent accessibility, this property is well-positioned for immediate development.

Parkview Residential_01

APPROVED-RZP-2024-114

PROPERTY FACTS

Price	$6,784,050 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Apartment Units Apartment Units - Senior
No. Lots	1	Total Lot Size	9.05 AC
Property Type	Land
Zoning	N2-B(CD) & UR-2(CD) - Neighborhood Business

Price	$6,784,050 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units Apartment Units - Senior
Total Lot Size	9.05 AC
Zoning	N2-B(CD) & UR-2(CD) - Neighborhood Business

1 LOT AVAILABLE

Lot

Price	$6,784,050 CAD	Lot Size	9.05 AC
Price Per AC	$749,618.80 CAD

Price	$6,784,050 CAD
Price Per AC	$749,618.80 CAD
Lot Size	9.05 AC

±9.05-acre Mecklenburg County site approved for up to 150 multifamily units & up to 54 townhomes, with strong frontage, road access, and adjacency to Ryan Homes, Dillon Lakes Subdivision, in a growing residential corridor.

DESCRIPTION

Discover ±9.05 acres of prime development land in Mecklenburg County, zoned N2-B(CD) & UR-2(CD). Approved for 150 multifamily units and 54 townhomes, this property is ideally located in a high-growth corridor near Ryan Homes’ Dillon Lakes. With strong visibility, established neighborhoods, and new residential communities nearby, this site is a premier investment opportunity for residential developers.

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