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28823564
28823560

1602 Parkwood Ave, Charlotte, NC 28205

HM
NC NC 355149
Marcus & Millichap - Charlotte Uptown
KS
NC #291391
Marcus & Millichap - Charlotte Uptown
Listed by Marcus & Millichap - Charlotte Uptown
$1,500,000
436 days on market
Updated 181 days ago

Parkwood Ave - Development Opportunity

Details
Property Type Multifamily, Land
Sub Type Commercial, Apartment Building
Price Per Acre $2,586,207
Acreage 0.580
Zoning CG
Investment Type Redevelopment

Two parcels available off of Parkwood Ave, near Plaza Road. .58 acres total.

Marketing description

Marcus & Millichap is proud to present 0.58 AC of Commercial Land zoned Commercial General (CG) in Charlotte, North Carolina.

Two parcels available off of Parkwood Ave, near Plaza Road. .58 acres total. Redevelopment opportunity with current vacant lot and duplex.

Plaza Midwood is a dynamic and lively neighborhood known for its historic charm, trendy shops, great restaurants, and entertainment options. Situated close to Uptown Charlotte, this vibrant community appeals to young professionals, families, and retirees. The area’s property values have been steadily rising, making Plaza Midwood a promising investment opportunity for those seeking to benefit from its growth and popularity.

Located between the Blue Ridge Mountains and coastal plains, the Charlotte metro stretches 3,198 square miles across the Piedmont region of the Southeastern United States. It contains seven counties in North Carolina: Mecklenburg, Gaston, Union, Cabarrus, Iredell, Rowan and Lincoln. South Carolina counties include York, Lancaster and Chester. A strong financial presence has contributed to the local population growing to more than 2.7 million citizens, becoming one of the nation’s fastest-growing metros over the past 15 years. Charlotte is the largest city in the market, with more than 893,000 people, followed by Concord and Gastonia, which combine to account for nearly 190,000 residents.


Investment highlights

  • Two parcels adjacent to recent developments with heavy density and traffic
  • Less than 1 mile from LYNX Blue Line Light Rail Stations (Parkwood Station & 25th St Station)
  • Frontage along Parkwood Avenue

Listing Contacts

HM
NC NC 355149
Marcus & Millichap - Charlotte Uptown
KS
NC #291391
Marcus & Millichap - Charlotte Uptown
Listed by Marcus & Millichap - Charlotte Uptown

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Additional Information

Name
Hunter McIntosh
License
NC 355149
Brokerage
Marcus & Millichap
Title
Real Estate Broker
Brokerage Address
201 South Tryon Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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