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$350,000
Est. payment /mo
1.67 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4362331
Lot Size 1.672 Acres
Acres 1.672
Property Sub-Type Unimproved Commercial
Property Description
University East & Old Concord 1.672 Acre Development Opportunity
Charlotte, North Carolina
Located at the intersection of University East Drive and Old Concord Road, this 1.672-acre site presents a compelling development opportunity in one of Charlotte's most active growth corridors—University City.
Positioned just off W.T. Harris Boulevard, a major east–west arterial, the property benefits from strong connectivity, high visibility, and immediate access to the broader North Charlotte market. The surrounding area features a diverse mix of uses, including attached single-family residential, multifamily communities, retail centers, hospitality, medical office, and established suburban office parks—creating a well-rounded live-work-play environment.
The site offers meaningful optionality for developers, with the ability to accommodate a range of product types including:
Multifamily or build-to-rent residential
Townhome or attached single-family
Mixed-use or neighborhood-serving retail
Medical or professional office
University City continues to see significant momentum driven by:
Ongoing expansion and investment at University of North Carolina at Charlotte
Strong job growth across North Charlotte, including major employers like Albemarle Corporation and Eli Lilly and Company
Continued residential and retail development supporting population growth and demand
With its strategic location, surrounding density, and proximity to employment and institutional anchors, University East & Old Concord represents a well-positioned infill development opportunity within a rapidly evolving submarket.
Charlotte, North Carolina
Located at the intersection of University East Drive and Old Concord Road, this 1.672-acre site presents a compelling development opportunity in one of Charlotte's most active growth corridors—University City.
Positioned just off W.T. Harris Boulevard, a major east–west arterial, the property benefits from strong connectivity, high visibility, and immediate access to the broader North Charlotte market. The surrounding area features a diverse mix of uses, including attached single-family residential, multifamily communities, retail centers, hospitality, medical office, and established suburban office parks—creating a well-rounded live-work-play environment.
The site offers meaningful optionality for developers, with the ability to accommodate a range of product types including:
Multifamily or build-to-rent residential
Townhome or attached single-family
Mixed-use or neighborhood-serving retail
Medical or professional office
University City continues to see significant momentum driven by:
Ongoing expansion and investment at University of North Carolina at Charlotte
Strong job growth across North Charlotte, including major employers like Albemarle Corporation and Eli Lilly and Company
Continued residential and retail development supporting population growth and demand
With its strategic location, surrounding density, and proximity to employment and institutional anchors, University East & Old Concord represents a well-positioned infill development opportunity within a rapidly evolving submarket.
Location
State NC
County Mecklenburg
Zoning BP(CD)
Interior
Inclusions Land
Exterior
Street Surface Other
Building
Dwelling Type Site Built
Sewer Public Sewer, Tap Fee Required
Water City, Tap Fee Required
New Construction false
Others
Senior Community false
Restrictions Use,N/A
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Choyoung Lee • EXP Realty LLC Ballantyne • 704-661-0375
Nearby School & Business
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