Available
$580,000(ARV: $3,000,000)23% of ARV

Mecklenburg County, Charlotte, NC 28208

3 bd1 ba1,488 sfBuilt 1948

44 days ago

Gross spread$2,310,000

Description

DEVELOPMENT OPPORTUNITY! Subdivide 1.25 Acre Lot Build Duplexes & Townhomes! OFF MARKET - Charlotte, NC 28208 Price: $690,000 ARV: $3M+ Target Valuation for 6 Units (2 units on the corner lot, 4 units on the main lot) Owner-occupied - ACCESS BY APPOINTMENT ONLY, but Drive By any time! CALL & TEXT OUR DISPO TEAM TO SUBMIT AN OFFER OR WALKTHROUGH: [contact details hidden] All buyers must sign a simple "Non-Circumvent" agreement prior to walkthrough Survey / Plans: [contact details hidden] PROPERTY DETAILS: Excellent potential for redevelopment in the growing neighborhood of Enderly Park! This corner lot boasts approximately 1.25 acres, located right off of Freedom Drive, a quick 5 minute drive from Bank of America Stadium, with easy access to I-85, 5 mile drive to Charlotte Douglas International Airport. Existing home is being sold as is. Seller says that condition is fair condition. This parcel is located 1 block away from Enderly Park, where you can enjoy the pickle ball courts, tennis courts, basketball courts and open grassy area. Located just blocks away from coffee shops, grocery stores and more. Marquee Charlotte, a tapas restaurant and bar, is located 1.5 block away. This lot is located in one of Charlotte's opportunity zones. See attached survey for lot boundaries, lots have been combined to create this parcel. Please contact Charlotte Planning Department for further information on development. Please note: previous listing for this property DID NOT include the additional corner lot - comparables of the size of just that lot have sold in high $260-270k range alone! INTERESTED? Call or text our Dispo Team to submit an offer or schedule a walkthrough: DISPO Team: [contact details hidden] COMPS: 2 of these lots are a fraction of our size (not even .25 acre each), and sold in the high 266-275k range, and we are including 1.25 acres! These comps are basically the size of just the small corner lot on its own. Land Comps that sold nearby: [contact details hidden] NEIGHBORHOOD HIGHLIGHTS: Located in Enderly Park near I-85 Approximately a 10-min drive to downtown Charlotte Approximately a 10-min drive to Charlotte Douglas International Airport Close to restaurants, shopping, parks Great Schools Ratings 7/10 —------------------------------------------------------------------------------ DEAL TERMS: Closing Date: Projected to be November 2nd Earnest Money Deposit (EMD): 10,000 due with contract (applied to closing cost) EMD is non-refundable with an exception of failure to provide a clear title or seller's failure to perform We are not in the business of keeping buyers’ EMD, but our name and trust is on the line with the seller. We only want a solid commitment and smooth closing. Buyer pays both sides closing costs This deal is an assignment of contract. Our assignment contracts are not assignable. Please let us know upfront if you are not the direct buyer, and we can work out the contracts together! Willing to JV with other wholesalers and realtors! Buyer must do all due diligence prior to assignment Cash or Private/Hard Money Loans ONLY - No FHA or Conventional Financing We do not work with Fair Trade, Key Glee, or New Western LET'S CLOSE: We’re looking to build relationships with serious buyers and we prioritize those re[representative] to move fast and close clean. We are easy and flexible to work with, and will do whatever it takes to get the deal done! Please do not hesitate to reach out to discuss how we can make money together.CALL & TEXT OUR DISPO TEAM [contact details hidden] TO SUBMIT AN OFFER OR WALKTHROUGH

Price and status history

  1. $590,000 → $580,000−$10,000
    Oct 17, 2026 · 15d ago
  2. $675,000 → $590,000−$85,000
    Oct 14, 2026 · 17d ago
  3. $690,000 → $675,000−$15,000
    Sep 25, 2026 · 37d ago

Observed by our own harvest of the originating listing, not a public record.

$/sqft vs market

This deal$390/sqft
Market median$239/sqft
Difference+63% above

Median of 14 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms1
Square feet1,488
Lot size1.25 ac
Year built1948
ConditionFull Rehab
OccupancyOwner Occupied
ParkingAttached Garage

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther
Foundation conditionFair

Self-reported by the seller. Not inspected.

Property information

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