4 Miles from Uptown

Statesville Rd. 14 Property Portfolio Sale

In total, this portfolio consists of 14 properties (grouped in three (3) sections) which sit on 9.79 acres in total land mass, across a .2 mile stretch on a busy Statesville Road ((U.S. Highway 21 Bypass) just four miles North of Uptown Charlotte in the Nevin Community– between the highway 85 and 77 split.  All of the properties are zoned R-4. With the properties being so close to Uptown Charlotte the true value in this portfolio comes in the land value—which has the potential to be developed into a mixed-use area (with rezoning approval) which comprises of retail/office, multi-family homes, and apartment homes.   
 
 
4 Miles from Uptown
 
 Nearby schools include Brisbane Academy Preparatory School, Ranson Middle School and Statesville Road Elementary School. The closest grocery stores are Caton’s Grocery, ATM (Caton’s Grocery) and Jerry’s Market. Nearby coffee shops include Warehouse Cafe, Circle K and McDonald’s. Nearby restaurants include Sunflower Family Restaurant, Pelican’s Snoballs: Statesville Rd. and Royal Cup Coffee and Tea. 5100 Statesville Rd is near Hidden Valley District Park, Hornets Nest Park and Johnson C. Smith University. 
 
93% of the properties are occupied on a month-to-month lease bringing in monthly cash flow of roughly $10,000.

Charlotte Single-Family Districts

 Zone R-4 Minimum Lot Area 6,000 Sq. Ft. (.13 acres)
 
Zoning DistrictsMaximum Dwelling Units Per AcreMinimum Lot Area (Sqft)Minimum Lot Width (Feet)Minimum Rear Yard for Interior Lots
R-33.08,0006030
R-44.06,0005030
R-55.04,5004020
R-66.03,5004020

Group 1 Zone R-4 | 3 Properties | 2.95 Acres Total

AddressStatusRentWaterSewerBedsBathsSqftLot Size
3325 Arvin Dr
Charlotte, NC 28269
Occupied$850Well WaterCity Sewer5215002.352 Acres
5100 Statesville Rd
Charlotte, NC 28269
Vacant$1200City WaterCity Sewer312100.28 Acres
5110 Statesville Rd
Charlotte, NC 28269
Occupied$750City WaterCity Sewer211272.31 Acres

This group of properties has a total land mass of approximately 2.95 acres. The parchel attached to 3325 Arvin Drivie could be to fit an addition 6-10 properties to compliment the development to its’ rear.

3325 Arvin Dr, Charlotte, NC 28269

5100 Statesville Rd, Charlotte, NC 28269

5110 Statesville Rd, Charlotte, NC 28269

Group 2 Zone R-4 | 2 Properties | 2.7 Acres Total

AddressStatusRentWaterSewerBedsBathsSqftLot Size
5014 Statesville Rd
Charlotte, NC 28269
Occupied$1100Well WaterCity Sewer41.521641.05 Acres
5034/5098 Statesville Rd
Charlotte, NC 28269
Occupied/Industrial Shop$1000Well WaterCity SewerNANA15001.62 Acres

This 2nd group of properties has a total land mass of approximately 2.7 acres. 5034 Statesville Road is Zoned for Industrial or R-4 use with road frontage on three sides. Both properties ​has​ a substantial amount of cleared land in the rear which could be used for new construction.


014 Statesville Road Charlotte, NC 28269

5034/5098 Statesville Road Charlotte, NC 28269

Group 3 Zone R4 | 9 Properties | 4.8 Acres Total

AddressStatusRentWaterSewerBedsBathsSqftLot SizeSame Parcel
4800 Statesville Rd
Charlotte, NC 28269
Occupied$500Well WaterCity Sewer31770.29 Acres
4810 Statesville Rd
Charlotte, NC 28269
Vacant LotN/AN/AN/AN/AN/AN/A2.02 Acres
4820 Statesville Rd
Charlotte, NC 28269
Occupied$600Well WaterCity Sewer311266.37 AcresYes
4826 Statesville Rd
Charlotte, NC 28269
Vacant Lot$500Well WaterCity SewerN/AN/AN/A.37 AcresYes
4839 Winslow Dr
Charlotte, NC 28269
Occupied$500Well WaterCity Sewer31816.29 Acres
4819 Jane Ave
Charlotte, NC 28269
Occupied$500Well WaterCity Sewer21965.5 Acres
4820 Jane Ave
Charlotte, NC 28269
Occupied$500Well WaterCity Sewer311538.56 AcresYes
4834 Jane Ave
Charlotte, NC 28269
Occupied$600Well WaterCity Sewer311538.56 AcresYes
4840 Statesville Rd
Charlotte, NC 28269
Occupied$500Well WaterCity Sewer21958.34 Acres

Aerial View -Front View

Video Tour of Undeveloped Acres Zoned R-4

Everything that you see is part of the portfolio and Group 3

(Everything that you see is apart of the portfolio & 3rd Group)

ASKING PRICE 1,450,000 OBO