Available
$239,000(ARV: $450,000)53% of ARV

Mecklenburg County, Charlotte, NC 28216

0 bd0 baBuilt 1995

114 days ago

Gross spread$211,000

Description

Off-market land opportunity located in the rapidly developing Thomasboro–Hoskins corridor of Charlotte, NC. This ±1.04-acre parcel offers strong potential for multifamily or residential infill development, positioned in an area experiencing increasing investor and builder activity. Recent comparable land sales within approximately a 1-mile radius support strong pricing for buildable parcels, with higher-quality sites trading between ~$470K–$530K per acre and typical infill land ranging from ~$350K–$450K per acre depending on zoning, utilities, and site readiness. Based on current market data and location, the subject property supports an estimated market value range of approximately $375K–$450K, highlighting a clear gap between market-supported pricing and the current positioning of the asset. With a 2024 assessed value of $158,600, this further reinforces the opportunity to acquire land in a transitioning submarket where tax assessments often lag behind true market value. This parcel presents a strategic opportunity for builders and developers targeting Charlotte’s continued infill expansion, with potential for multifamily, duplex, or townhome development depending on zoning and density allowances. Property Overview: Total Land: ~1.040 Acres Asking: $239,000 Link for photos & comps: [contact details hidden] For fastest response: Cherrie – Dispo Manager Call/Text: [contact details hidden] NEED HELP MOVING YOUR OWN DEALS? We partner with investors and realtors on a non-exclusive basis to help dispo off-market properties through InvestorLift using our national cash-buyer network. We handle buyer communication, coordinate access and escrow, and offer competitive JV marketing terms, allowing our partners to stay focused on sourcing more inventory. Call/Text Cherrie: [contact details hidden] Email deals to: [contact details hidden]

Property

Bedrooms0
Bathrooms0
Square feet0
Lot size1.04 ac
Year built1995
ConditionTurn Key
OccupancyVacant
ParkingUnassigned

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing69
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