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505 Beatties Ford Rd
Charlotte, NC 28216
Land For Sale · 0.84 AC

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INVESTMENT HIGHLIGHTS

  • High pedestrian traffic area with construction of French Street Trolley Station.
  • Located in designated Opportunity Zone.
  • Significant redevelopment in immediate area.
  • Great mixed use development site.

EXECUTIVE SUMMARY

Multi parcel assemblage zoned ‘NC’. Located in Opportunity Zone. Great mixed use development site. On the Gold Trolley line at French Street Station.
Positioned along the vibrant Beatties Ford corridor, this property offers a rare opportunity to invest in one of Charlotte’s most transformative districts. Located within a designated Opportunity Zone, the site provides substantial tax advantages for investors seeking long-term growth. The surrounding area is experiencing significant redevelopment, fueled by public and private investment, and the upcoming French Street Trolley Station will further enhance connectivity and drive sustained demand.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units
Total Lot Size 0.84 AC
No. Stories 1
Opportunity Zone Yes
Zoning B1 - Business

1 LOT AVAILABLE

Lot

Price $6,203,250 CAD
Price Per AC $7,384,821.35 CAD
Lot Size 0.84 AC

0.84 ACRES AT BEATTIES FORD RD & FRENCH ST DIRECTLY ON NEW GOLD LINE TROLLEY AND IN OPPORTUNITY ZONE

DESCRIPTION

Located in the heart of Charlotte’s dynamic west corridor, this property offers exceptional visibility and connectivity in a rapidly evolving urban environment. Positioned along Beatties Ford Road, the site benefits from high pedestrian traffic and immediate access to major redevelopment initiatives, including the construction of the French Street Trolley Station, which will enhance transit convenience and drive future growth. The property sits within a designated Opportunity Zone, presenting significant tax advantages for investors and developers seeking long-term value creation. Surrounded by a mix of residential, retail, and cultural destinations, the area is experiencing a surge of revitalization, attracting new businesses and residents alike. This strategic location ensures strong demand drivers, making it ideal for retail, mixed-use development, or community-focused concepts. With excellent frontage and proximity to Uptown Charlotte, the property offers unmatched exposure and accessibility for both vehicular and foot traffic.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 069-033-02
  • 069-033-04
  • 069-033-03
  • 069-033-06
  • 069-033-22
  • 069-033-05
Land Assessment
$1,290,965 CAD
Improvements Assessment
$204,707 CAD
Total Assessment
$1,495,672 CAD
  • Listing ID: 30408957

  • Date on Market: 2023-12-20

  • Last Updated:

  • Address: 505 Beatties Ford Rd, Charlotte, NC 28216

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