Courtesy of: Dion Foulks, NorthGroup Real Estate LLC, dioncanhelp@gmail.com
Courtesy of: Dion Foulks, NorthGroup Real Estate LLC, dioncanhelp@gmail.com
$800,000
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Lot: 3.95 Acres
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Other
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$800,000
3700 Nevin Road Charlotte Development Opportunity | +/-3.95 Acres Exceptional opportunity to acquire two connected parcels totaling approximately 3.95 acres along Nevin Road in Charlotte. Ideal for a multifamily developer, builder or investor seeking to create value through entitlement and redevelopment. The highest-value concept to investigate is a modern 100-140+ unit multifamily community, with preliminary studies evaluating approximately 25-38 units per acre. Potential development could feature 3-5 story contemporary buildings, balconies, clubhouse, fitness center, landscaped outdoor amenities and resident gathering areas. The combined parcels provide greater flexibility for building placement, access, parking, utilities, stormwater and internal circulation. Alternative concepts may include senior/workforce housing, 35-60 townhomes, build-to-rent, missing-middle housing or detached residential development. Buyer Due Diligence Required: All development concepts and unit counts are preliminary illustrations only and are not approved or guaranteed. Buyer is solely responsible for independently verifying zoning/rezoning, allowable density, utilities, access, environmental conditions, stormwater, soils, permitting and overall development feasibility before purchase. Two connected parcels. +/-3.95 acres. Multiple development possibilities. Potential for a 100+ unit Charlotte multifamily project.
Courtesy of: Dion Foulks, NorthGroup Real Estate LLC, dioncanhelp@gmail.com
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