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5937 Hollyfield Dr
Charlotte, NC 28212
Land For Sale
·
0.48 AC
Investment Highlights
- Land Development permits are in hand and available
- Near Eastland Yards – major public-private revitalization project
- Infill Location within an active redevelopment corridor
- Strong Access to Central Ave, Albemarle Rd & Sharon Amity Rd
Executive Summary
5929 Hollyfield Drive offers a well-located urban infill residential development opportunity within a transitioning East Charlotte submarket supported by significant public and private investment. The ±0.451-acre site is zoned UR-2(CD) (Urban Residential – Conditional), allowing higher-density attached residential development pursuant to an approved conditional site plan.
The UR-2 district is intended to accommodate multi-family and attached residential products in urban contexts, often serving as a transition between established neighborhoods and higher-intensity corridors. Conditional zoning provides entitlement clarity by locking in a City-approved development framework, reducing use risk while establishing predictable design and layout parameters.
The property is located near the Eastland Yards redevelopment, a large-scale mixed-use initiative transforming a former regional mall site into a community-oriented destination. Planned and delivered components include:
• Major sports and entertainment complex with regional draw.
• New multifamily and for-sale residential units.
• 55+ senior housing with demonstrated absorption.
• New public park and recreational amenities.
• Significant municipal investment and long-term economic impact.
Area & Growth Drivers
• Eastland Yards Redevelopment Nearby
o 29-acre sports & entertainment complex
o Up to $30M public investment
o Projected $169M annual economic impact
o 500+ jobs
• Residential Momentum
o 266 new apartments
o Newly constructed homes and townhomes by Saussy Burbank.
o High-demand 55+ senior living units
o Neighborhood Retail.
• New Public Park by Mecklenburg County Parks & Rec
• Emerging hub for community, sports, and urban living
These projects are accelerating the transition of East Charlotte toward higher-density residential uses supported by amenities, infrastructure, and public space.
Unique financing available.
The UR-2 district is intended to accommodate multi-family and attached residential products in urban contexts, often serving as a transition between established neighborhoods and higher-intensity corridors. Conditional zoning provides entitlement clarity by locking in a City-approved development framework, reducing use risk while establishing predictable design and layout parameters.
The property is located near the Eastland Yards redevelopment, a large-scale mixed-use initiative transforming a former regional mall site into a community-oriented destination. Planned and delivered components include:
• Major sports and entertainment complex with regional draw.
• New multifamily and for-sale residential units.
• 55+ senior housing with demonstrated absorption.
• New public park and recreational amenities.
• Significant municipal investment and long-term economic impact.
Area & Growth Drivers
• Eastland Yards Redevelopment Nearby
o 29-acre sports & entertainment complex
o Up to $30M public investment
o Projected $169M annual economic impact
o 500+ jobs
• Residential Momentum
o 266 new apartments
o Newly constructed homes and townhomes by Saussy Burbank.
o High-demand 55+ senior living units
o Neighborhood Retail.
• New Public Park by Mecklenburg County Parks & Rec
• Emerging hub for community, sports, and urban living
These projects are accelerating the transition of East Charlotte toward higher-density residential uses supported by amenities, infrastructure, and public space.
Unique financing available.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.48 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | UR-2(CD) - Residential Development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.48 AC |
| Opportunity Zone |
Yes |
| Zoning | UR-2(CD) - Residential Development |
1 Lot Available
Lot
| Price | $904,605 CAD | Lot Size | 0.48 AC |
| Price Per AC | $1,884,593.79 CAD |
| Price | $904,605 CAD |
| Price Per AC | $1,884,593.79 CAD |
| Lot Size | 0.48 AC |
• ±0.451 Acres | Property ID #10311218 • UR-2 (CD) Zoning – Urban Residential, Conditional • Approved for 10 townhomes. • Land Development permits are in hand and available. • Strong Access to Central Ave, Albemarle Rd & Sharon Amity Rd
Description
±0.451-acre UR-2(CD) site with approved conditional plan for attached residential or small multifamily. Located in East Charlotte near Eastland Yards, this property offers early-stage infill potential with strong access to Central Ave, Albemarle Rd, and Sharon Amity Rd. Ideal for townhome developers seeking a walkable, transit-oriented urban context. Flat topo. Raw Land. Unique financing available.
Property Taxes
| Parcel Number | 103-112-18 | Improvements Assessment | $0 CAD |
| Land Assessment | $255,627 CAD | Total Assessment | $255,627 CAD |
Property Taxes
Parcel Number
103-112-18
Land Assessment
$255,627 CAD
Improvements Assessment
$0 CAD
Total Assessment
$255,627 CAD
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