$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

N/A

Stories

N/A

Garage spaces

N/A

Lot size

N/A

Nearby schools

Within 10 miles · public school directory data (NCES)