8705 Albemarle Rd
- ±3.12-acre land parcel on a key commercial corridor
- Approx. 291 feet of frontage on Albemarle Road
- One of the few large sites remaining in this high-growth area
- Ideal for retail, medical, office, or self-storage development
- Strong potential for rezoning to commercial use
- Experienced rezoning/entitlement partners available to assist
- Rare opportunity with significant upside for developers
Property Description
±3.12 acres on Albemarle Rd, positioned for higher-density residential development in a proven East Charlotte growth corridor. Charlotte planning has signaled support for a residential rezoning here, and the seller will allow the buyer to pursue entitlements prior to closing under a reasonable due diligence period. The site also suits low-impact commercial such as a dine-in restaurant. With frontage on a 31,000+ vehicles per day corridor and national anchors (Walmart, Target, Lowe's, Chick-fil-A) minutes away, it's a right-sized infill parcel for townhomes, build-to-rent, or small attached product. Rezoning guidance available from the listing team.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $890,000 |
| No. of Units: | 1 |
| Year Built: | 1960 |
| Lot Size: | 3.12 Acres |
| Opportunity Zone: | No |
| Price per unit: | $890,000 |
| Property Website | Click Here |
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