StatusAccepting Backup Offers (Active Under Contract)
About 7121-7223 Alexander Rd
Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!
Property Details
Property Features
Listing Office:
Office Name: EXP Realty LLC Ballantyne
Other
Directions Information:
Directions: Take US-74 E and NC-16 S to Alexander Rd Turn left onto Alexander Rd Destination will be on the left
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
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Housing Market Comparison
See how this home compares to others in Charlotte, NC.
This property is $2.0M more than the Median Sold Price in Charlotte, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4115505
Listing Office:
Office Name: EXP Realty LLC Ballantyne
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Elizabeth Lane Elementary School
121 Elizabeth Ln
Distance between this listing and this school1.34 miles
Public District Grades KG-5
6
/10
Olde Providence Elementary School
3800 Rea Rd
Distance between this listing and this school1.59 miles
Public District Grades KG-5
7
/10
Lansdowne Elementary School
6400 Prett Ct
Distance between this listing and this school2.11 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
Carmel Middle School
5001 Camilla Dr
Distance between this listing and this school2.14 miles
Public District Grades 6-8
6
/10
South Charlotte Middle School
8040 Strawberry Ln
Distance between this listing and this school2.28 miles
Public District Grades 6-8
7
/10
Crestdale Middle School
940 Sam Newell Rd
Distance between this listing and this school3.15 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Providence High School
1800 Pineville Matthews Rd
Distance between this listing and this school0.48 miles
Public District Grades 9-12
5
/10
Charlotte Secondary School
8601 McAlpine Park Dr
Distance between this listing and this school2.88 miles
Public Charter Grades 6-12
6
/10
East Mecklenburg High School
6800 Monroe Rd
Distance between this listing and this school4.33 miles
The neighbors living near this home have an average income of $203,914. The most common annual income of people living in Charlotte, NC is $200k+. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Charlotte, NC
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Charlotte, NC?
Charlotte's housing market is diverse, offering a range of options from high-rise apartments in the bustling Uptown area to spacious single-family homes in the quieter suburban neighborhoods. The architectural styles vary widely, with a mix of historic homes in areas like Myers Park, to contemporary new builds in the expanding outskirts. The market is dynamic, with a homeownership rate that reflects a healthy balance between owners and renters.
Is Charlotte, NC a good place to live?
Charlotte is celebrated for its vibrant mix of urban and suburban living, providing residents with a cosmopolitan atmosphere alongside pockets of peaceful residential areas. The city prides itself on its strong sense of community, with numerous local events and festivals throughout the year that highlight its cultural diversity and Southern hospitality.
Are things conveniently located in Charlotte, NC?
The community is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is readily accessible, with several major hospitals and clinics offering a range of specialized services. Public libraries are well-distributed, supporting the community's educational needs. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and traditional Southern eateries.
What does the transportation in Charlotte, NC look like?
Charlotte's transport infrastructure is comprehensive, with a focus on both private and public transit options. The city's layout and road network facilitate easy commuting by car, while the public transportation system, including buses and light rail, offers alternatives for those without vehicles. The city is increasingly catering to cyclists and pedestrians, with ongoing efforts to improve walkability and bikeability in many neighborhoods.
Frequently Asked Questions About 7121-7223 Alexander Rd
What is the listing price of this property?
The listing price of 7121-7223 Alexander Rd property is $2,500,000.
What type of property is this?
The property 7121-7223 Alexander Rd is land located in Charlotte, North Carolina, 28270.
Is this property for sale now?
Accepting Backup Offers: 7121-7223 Alexander Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
Interested in 7121-7223 Alexander Rd? Let's connect.
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This home is located at 7121-7223 Alexander Rd in Charlotte, NC and zip code 28270. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $2,500,000.
While more than 157 listings in Charlotte, NC in November 2024 were sold above asking price, there were more than 195 listings sold at asking price, and more than 465 were sold below. The inventory of homes for sale in Charlotte, NC between October 2024 and November 2024 decreased by 3.3%. While the average time on the market in November 2024 was 39 days, the median list price was $420,468.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
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