INNOVATE
Real Estate
1 photo

$1,150,000

Charlotte, NC 28262
Listed by Bill Washburn · Helen Adams Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Excellent Development Opportunity at I-485 and Mallard Creek Rd interchange. ~3ac parcel already zoned for Multi-Family (N2-B). Good visibility to I-485 from site and easy access to I-485 via on-ramp at Mallard Creek Rd intersection. Conceptual Plan in attachments demonstrates the potential for 48 units in Two 3-story buildings w/64 parking spaces proposed (only 48 spaces required, however). Optional Amenity Area across drainage ditch. City water/sewer and other utilities available at street. Over 850' road frontage. Physical survey attached. Topographical survey available.

Property details

MLS #
CAR4274907
Property type
Acreage
Subdivision
N/A
Status
Active
Days on market
306
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Mallard Creek Elementary
2.24 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
515
Student:teacher ratio
15.6:1
District
Charlotte-Mecklenburg Schools
Middle
Ridge Road Middle
1.37 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
1,113
Student:teacher ratio
17.4:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
6.64 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

Mortgage calculator

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Est. monthly payment
$7,075/mo
$230,000 down
$920,000 loan
Principal & interest$5,967
Property tax (est.)$958
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 29, 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.