$650,000
About this home
University East & Old Concord | ±2.849-Acre Development Opportunity Charlotte, North Carolina Located at the intersection of University East Drive and Old Concord Road, this ±2.849-acre site presents a compelling development opportunity in one of Charlotte’s most active growth corridors—University City. Positioned just off W.T. Harris Boulevard, a major east–west arterial, the property benefits from strong connectivity, high visibility, and immediate access to the broader North Charlotte market. The surrounding area features a diverse mix of uses, including attached single-family residential, multifamily communities, retail centers, hospitality, medical office, and established suburban office parks—creating a well-rounded live-work-play environment. The site offers meaningful optionality for developers, with the ability to accommodate a range of product types including: Multifamily or build-to-rent residential Townhome or attached single-family Mixed-use or neighborhood-serving retail Medical or professional office University City continues to see significant momentum driven by: Ongoing expansion and investment at University of North Carolina at Charlotte Strong job growth across North Charlotte, including major employers like Albemarle Corporation and Eli Lilly and Company Continued residential and retail development supporting population growth and demand With its strategic location, surrounding density, and proximity to employment and institutional anchors, University East & Old Concord represents a well-positioned infill development opportunity within a rapidly evolving submarket.
Property details
- MLS #
- CAR4362322
- Property type
- Unimproved Commercial
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- April 1, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →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).
- Enrollment
- 715
- Student:teacher ratio
- 15.2:1
- District
- Charlotte-Mecklenburg Schools
- Enrollment
- 957
- Student:teacher ratio
- 19.1:1
- District
- Charlotte-Mecklenburg Schools
- 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).
Market position
How this listing compares to current activity in Charlotte, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 2, 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.