8705 Albemarle Rd

Highlights:

• ±3.12-acre land parcel on a key commercial corridor
• Approx. 291 feet of frontage on Albemarle Road
• One of the few large sites remaining in this high-growth area
• Ideal for retail, medical, office, or self-storage development
• Strong potential for rezoning to commercial use
• Experienced rezoning/entitlement partners available to assist
• Rare opportunity with significant upside for developers

Description:

±3.12 acres on Albemarle Rd, positioned for higher-density residential development in a proven East Charlotte growth corridor. Charlotte planning has signaled support for a residential rezoning here, and the seller will allow the buyer to pursue entitlements prior to closing under a reasonable due diligence period. The site also suits low-impact commercial such as a dine-in restaurant. With frontage on a 31,000+ vehicles per day corridor and national anchors (Walmart, Target, Lowe's, Chick-fil-A) minutes away, it's a right-sized infill parcel for townhomes, build-to-rent, or small attached product. Rezoning guidance available from the listing team.

Excellent opportunity on the bustling commercial corridor of Albemarle Road (NC Hwy. 27) in East Charlotte. This strategic location benefits from high daily traffic counts and offers outstanding visibility on a major four-lane highway. The property is well-positioned to serve dense surrounding residential communities and is conveniently connected to the greater Charlotte metropolitan area.

±3.12 acre infill site, right scale for townhomes, build-to-rent, or small multifamily. Charlotte planning open to a higher-density residential rezoning. Cooperative seller allows rezoning prior to closing. ±291 ft of frontage on Albemarle Rd at ±31,000 vehicles per day. In immediate vicinity of Target, Lowe's, Walmart, and major retail. Growth market with roughly 8% projected population growth.

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