eXp Realty LLC
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listing
1 of 2
LandFor Sale
$2,500,000
7121-7223 Alexander Road
Charlotte, NC 28270
Listed by: (372906) Exp Realty LLC Ballantyne, 704-773-4345
MLS: Canopy MLS
Est. Mortgage
$13,005/mo

Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!

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Information courtesy of (372906) Exp Realty LLC Ballantyne is subject to verification and is not guaranteed.
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