***Excellent Shopping Center Development Opportunity*** Located on signalized corner of rapidly developing busy intersection 4 lane divided highway (Albemarle Rd and Rocky River Church Rd.) 1/2 mile east of Exit 41 I-485/Albemarle Rd Interchange and new Novant Hospital Mint Hill. The property is already rezoned commercial, has site plan and environmental studies completed, two water meters are in place. Property is contiguous with and will have connectivity to 850 home 55+ community Cresswinds Community Charlotte by Kolter Homes. Excellent opportunity for development or 1031 Tax Free Exchange opportunity. No value given to two residences on site. Value is in the 10.52 acres of commercially zoned land. Additional local and regional demographics and site plan available. Listing agent has ownership interest.
Sold for $102,000 on 04/04/24
$102,000
12809 Albemarle Rd, Charlotte, NC 28215
5beds
0baths
10.52Acres
VacantLand
Built in 1965
10.52 Acres Lot
$-- Zestimate®
$28/sqft
$2,138 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,138/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher
Features
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,614 sqft
Property
Features
- Exterior features: Brick
- Frontage type: Paved Frontage
Lot
- Size: 10.52 Acres
- Features: Corner Lot, Other - See Media/Remarks
Details
- Parcel number: 11122103
- Zoning: NS
- Special conditions: Standard
Utilities & green energy
- Water: City Water
Community & neighborhood
Location
- Region: Charlotte
Other
Other facts
- CurrentFinancing: Conventional, Cash, Owner Financing
- LotFeatures: Corner Lot, Other - See Media/Remarks
- SpecialListingConditions: Standard
- FarmLandAreaUnits: Square Feet
- Zoning: NS
- CoveredSpaces: 0
- WaterSource: City Water
- FrontageType: Paved Frontage
- HabitableResidenceYN: 1
- RoadResponsibility: Publicly Maintained Road
- MlsStatus: Under Contract-Show
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2024 | Sold | $102,000-96.7%$28/sqft |
Source: Public Record Report a problem | ||
| 4/18/2022 | Sold | $3,100,000-3.1%$858/sqft |
Source:  Canopy MLS as distributed by MLS GRID #3548260 Report a problem | ||
| 6/25/2021 | Pending sale | $3,200,000$885/sqft |
Source: Canopy MLS as distributed by MLS GRID #3548260 Report a problem | ||
| 5/20/2020 | Contingent | $3,200,000$885/sqft |
Source: Canopy MLS as distributed by MLS GRID #3548260 Report a problem | ||
| 2/17/2020 | Pending sale | $3,200,000$885/sqft |
Source: Southern Homes of the Carolinas #3548260 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $6,634,700 +148.1% |
| 2024 | -- | $2,673,700 -13.6% |
| 2023 | -- | $3,096,000 +20% |
Find assessor info on the county website
Neighborhood: 28215
Nearby schools
GreatSchools rating
- 9/10Clear Creek ElementaryGrades: PK-5Distance: 0.7 mi
- 5/10Northeast MiddleGrades: 6-8Distance: 3.6 mi
- 3/10Rocky River HighGrades: 9-12Distance: 0.7 mi