INNOVATE Real Estate
Unimproved Commercial at Charlotte
Unimproved Commercial at Charlotte, photo 2 of 5
Unimproved Commercial at Charlotte, photo 3 of 5
Unimproved Commercial at Charlotte, photo 4 of 5
Unimproved Commercial at Charlotte, photo 5 of 5
5 photos

$11,600,000

Charlotte, NC 28269
Listed by Boston Reid · COMPASS
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

±29 Acres | Exceptional Development Opportunity - Located within Charlotte city limits - Parcel ID: 02963101 - Current zoning: N1-A (City of Charlotte) - Ideal candidate for rezoning to support higher-density residential or mixed-use development - Water and Sewer at Site - Buyer to contact the local municipality to understand the availability, cost, and capacity - Minutes from Concord Mills Mall, one of NC’s top retail destinations - Excellent access to I-85, Uptown Charlotte, University City, and Concord/Kannapolis - Surrounded by significant residential and commercial growth - Strong market fundamentals and housing demand in this rapidly developing corridor

Property details

MLS #
CAR4326818
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
7
On market date
December 2, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Parkside Elementary
1.45 mi away · Grades -1-5
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
377
Student:teacher ratio
15.1:1
District
Charlotte-Mecklenburg Schools
Middle
Ridge Road Middle
1.15 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
7.63 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).

41
Somewhat walkable
out of 100
EPA National Walkability Index
4.2 / 20 -- Least walkable
Google Places amenity density
70 / 100
Restaurants & cafes20
Grocery stores2
Parks0
Schools3
Transit stops9
Pharmacies1

Market position

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

On the market 7 days -- 65 fewer days than Charlotte's current average of 72 days.
For reference, the median list price across 3,662 active listings in Charlotte right now is $399,337.

Mortgage calculator

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Est. monthly payment
$70,007/mo
$2,320,000 down
$9,280,000 loan
Principal & interest$60,190
Property tax (est.)$9,667
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated December 9, 2025.

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.