StatusAccepting Backup Offers (Active Under Contract)
About 7501 Old Statesville Rd
PRIME LOCATION FOR NEW DEVELOPMENT ON 16.89+/- ACRES WITH OVER 740 FEET OF ROAD FRONTAGE on Old Statesville Road (HWY 115) just south of W T Harris. This site is being sold together with the adjoining properties at 7535 Old Statesville Rd and 5701 Ratcliffe Lane Properties have split zoning; CG and MHP per new UDO. Sellers anticipate developer rezoning and clearing the property. Future City of Charlotte 2040 Area Plan envisions Neighborhood 1 allowing for duplex, triplexes, or quadraplexes. Neighborhood 1 had 3 classifications A, B or C that specify minimum SF area per building unit, setbacks, etc. PROPOSED: RED LINE commuter rail and Community Activity Center with retail, dining and entertainment across Old Statesville Road. Existing mobile home leases will be terminated 30 days prior to closing. Buyer must handle any evictions, trailer abandonment, demolition and removal of remaining personal property. Mobile homes date back to 1958; there are approximately 56 units.
Price Information
Listing Price Info
Price Summary:
List Price: $5,500,000
Tax Information:
Annual Amount: $9,335
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Charlotte, NC.
This property is $5.0M more than the Median Sold Price in Charlotte, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4028607
Listing Office:
Office Name: Allen Tate Lake Norman
Office Email: gretel.howell@allentate.com
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
4
/10
Winding Springs Elementary School
6601 Horace Mann Rd
Distance between this listing and this school1.23 miles
Public District Grades PK-5
4
/10
David Cox Road Elementary School
4215 David Cox Rd
Distance between this listing and this school1.76 miles
Public District Grades PK-5
5
/10
Croft Community School
4911 Hucks Rd
Distance between this listing and this school2.03 miles
Public District Grades PK-5
Nearby Schools
3
/10
Pioneer Springs Community School
9300 Bob Beatty Rd
Distance between this listing and this school1.58 miles
Public Charter Grades KG-9
1
/10
Ranson Middle School
5850 Statesville Rd
Distance between this listing and this school1.76 miles
Public Magnet Grades 6-8
4
/10
Mallard Creek STEM Academy
9142 Browne Rd
Distance between this listing and this school3.47 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Queen City STEM School
8701 Mallard Creek Rd
Distance between this listing and this school2.95 miles
Public Charter Grades KG-10
4
/10
North Mecklenburg High School
11201 Old Statesville Rd
Distance between this listing and this school3.39 miles
Public Magnet Grades 9-12
2
/10
Julius L. Chambers High School
7600 Ibm Dr
Distance between this listing and this school3.70 miles
The neighbors living near this home have an average income of $32,293. Residents of Charlotte, NC typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma 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 are the common housing types 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.
What are the advantages of living in Charlotte, NC?
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 essential services in Charlotte, NC convenient?
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.
How do Charlotte, NC residents get around?
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 7501 Old Statesville Rd
What is the listing price of this property?
The listing price of 7501 Old Statesville Rd property is $5,500,000.
What type of property is this?
The property 7501 Old Statesville Rd is land located in Charlotte, North Carolina, 28269.
Is this property for sale now?
Accepting Backup Offers: 7501 Old Statesville Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,335 (source: MLS/based on county public records data).
Interested in 7501 Old Statesville Rd? Let's connect.
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This home is located at 7501 Old Statesville Rd in Charlotte, NC and zip code 28269. It has been listed on Rocket Homes since May 11, 2023 and is currently priced at $5,500,000.
Charlotte, NC housing market in November 2024 saw over 157 listings sold above listed price, more than 195 sold at listed price and over 465 sold below. The number of homes for sale in Charlotte, NC decreased by 3.3% between October 2024 and November 2024. In November 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market 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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