Unimproved Commercial at 8705 Albemarle Road, Charlotte
Unimproved Commercial at 8705 Albemarle Road, Charlotte, photo 2 of 7
Unimproved Commercial at 8705 Albemarle Road, Charlotte, photo 3 of 7
Unimproved Commercial at 8705 Albemarle Road, Charlotte, photo 4 of 7
Unimproved Commercial at 8705 Albemarle Road, Charlotte, photo 5 of 7
Unimproved Commercial at 8705 Albemarle Road, Charlotte, photo 6 of 7
Unimproved Commercial at 8705 Albemarle Road, Charlotte, photo 7 of 7
7 photos

$890,000

8705 Albemarle Road
Charlotte, NC 28227
Listed by Patrick Register · Coldwell Banker Realty
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

±3.12-acre land parcel, representing one of the few remaining sites of this size available on this strategic commercial corridor. The property is being sold as a prime candidate for rezoning to accommodate a new commercial development. Given its significant frontage of approximately 291 feet on Albemarle Road and its position in a high-growth market, the site is ideally suited for a developer looking to capitalize on the demand for higher density residential, retail, or medical. The listing is supported by partners with extensive experience in navigating the local entitlement and rezoning process, providing a distinct advantage for a potential buyer. This is a rare opportunity to secure a substantial land holding with immense upside potential.

Property details

MLS
Canopy MLS
MLS #
CAR4347497
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
182
On market date
March 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
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Parking spaces
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Lot size
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
J. H. Gunn Elementary
0.84 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
609
Student:teacher ratio
14.5:1
District
Charlotte-Mecklenburg Schools
Middle
Albemarle Road Middle
1.9 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
897
Student:teacher ratio
15.7:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
4.11 mi away · Grades 11-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
166
Student:teacher ratio
41.5:1
District
Charlotte-Mecklenburg Schools

Walkability

Blended score for Charlotte's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

70
Walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores3
Parks2
Schools4
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Charlotte, from live MLS data.

On the market 182 days -- 114 more days than Charlotte's current average of 68 days.
For reference, the median list price across 5,694 active listings in Charlotte right now is $359,940.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,510/mo
$178,000 down
$712,000 loan
Principal & interest$4,618
Property tax (est.)$742
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.