$99,000
$10K PRICE DROP

Estimated payment $622/month

Total Views 5,000
0.31 Acre
$319,355 Price per Acre
13,504 Sq Ft Lot

About This Lot

Prime development opportunity with this +/- .31 acre lot zoned R17MF, perfect for multifamily housing in a rapidly evolving area of The Derita Community. Located adjacent to Walgreens and Derita Presbyterian Church, this lot offers excellent visibility and accessibility. Just minutes from Uptown Charlotte via Graham Street and within walking distance to the proposed Future Red Line Light Rail, this site is ideally positioned for long-term growth and investment. City Water, Sewer, and Electrical are conveniently located nearby, making development more seamless. Whether you're considering townhomes, duplexes, or other medium-density residential options, this lot offers tremendous potential in a high-demand market. Don’t miss out on this rare chance to develop in a location that blends neighborhood charm with urban convenience.

Listing Agent

Lorenza Boone

Keller Williams Ballantyne Area Brokerage Email: LBoone@kw.com License #240305 Listed on: 07/23/2025

Keller Williams Ballantyne Area

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 99x111x147x176
  • Property fronts a highway
  • Level Lot
  • Possible uses of the property include Multi-Family, Other - See Remarks
  • Property is zoned R17MF

Schools

  • Governors Village Elementary School
  • Wilson Stem Academy Middle School
  • Julius L. Chambers High School

Listing and Financial Details

  • Assessor Parcel Number 047-034-02

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Road Frontage Type: 4 Lane Highway, City Street
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: LBoone@kw.com
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Other - See Remarks

Exterior Features

  • Road Frontage: 210

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Wilson STEM Academy
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Other - See Remarks
  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Parcel Number: 047-034-02
  • Can Be Subdivided: 0
  • Lot Size: 99x111x147x176
  • Additional Parcels: No
  • Zoning Specification: R17MF

MLS Schools

  • Elementary School: Governors Village
  • High School: Julius L. Chambers

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $99,000 -9.2% --
07/23/2025 07/23/25 For Sale $109,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4284779

Canopy MLS (Canopy Realtor® Association)