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$549,000

Charlotte, NC 28216
Listed by Josh Jolley · ProStead Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2026

About this home

Prime opportunity for builders and investors – fully approved 14-unit townhome development with flexible potential!!! This nearly 2-acre lot has been approved by City of Charlotte Land Development for the construction of a 14-unit townhome community, offering a true shovel-ready opportunity in a rapidly growing area. The value is in the land and location — strategically positioned near Hwy 16, I-485, and just minutes from Riverbend Village, home to Harris Teeter, Walmart, Chick-fil-A, and a wide variety of dining and retail options. While currently entitled for townhomes, the site also offers the potential for a 5–6 lot single-family development, giving builders multiple paths to maximize returns. Surrounded by established neighborhoods and ongoing growth, this property sits in the heart of Charlotte’s expanding northwest corridor. Seller has recently adjusted pricing and is ready to move forward — strong consideration will be given to serious offers. Don’t miss this chance to develop in a high-demand area with easy access to major highways, employment centers, and lifestyle amenities. Build to Rent or Build to Sell — make this your next investment property!

Highlights

New construction

Property details

MLS #
CAR4326445
Property type
Eightplex+
Subdivision
N/A
Status
Active
Days on market
170
On market date
December 1, 2025
Stories
N/A
Garage spaces
2
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Mountain Island Lake Academy
0.42 mi away · Grades -1-8
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
732
Student:teacher ratio
16.3:1
District
Charlotte-Mecklenburg Schools
Middle
Coulwood STEM Academy
1.34 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
625
Student:teacher ratio
13.9:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
11.33 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
$3,456/mo
$109,800 down
$439,200 loan
Principal & interest$2,849
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 24, 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.