***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.
2024Year Built
7.57 acresLot Size
$89Est. Price/Sq.Ft.
Listed by John Rhodes• Southern Homes of the Carolinas, Inc
Bought with Non Member• Canopy Administration
Source:CANOPYMLS as Distributed by MLS Grid #3548260
Redfin Estimate
$4,324,161
$4.2M since sold in April 2024
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 473.4% higher than the average sale price ($754K) of 6 comparable homes.
***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.
Public Records
Apr 15, 2016
Sold
$2,202,500
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$46,257 (+151.6%)
$2,760,900 + $3,872,800
$6,633,700
2024
$18,387 (−12.6%)
$2,760,900 + $3,872,800
$6,633,700
2023
$21,026 (+843.7%)
$2,673,700
2015
$2,228 (+1.7%)
$171,492 + $158,300
$329,792
2014
$2,190 (−49.3%)
2013
$4,319 (+3.2%)
2012
$4,185 (+3.2%)
$244,200 + $158,300
$402,500
2011
$4,053
$244,200 + $158,300
$402,500
Tax history for 12809 Albemarle Rd
Year
Property tax
Land + Additions
Assessment*
2025
$46,257 (+151.6%)
$2,760,900 + $3,872,800
$6,633,700
2024
$18,387 (−12.6%)
$2,760,900 + $3,872,800
$6,633,700
2023
$21,026 (+843.7%)
$2,673,700
2015
$2,228 (+1.7%)
$171,492 + $158,300
$329,792
2014
$2,190 (−49.3%)
2013
$4,319 (+3.2%)
2012
$4,185 (+3.2%)
$244,200 + $158,300
$402,500
2011
$4,053
$244,200 + $158,300
$402,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Aug 6, 2025 • Final
Land disturbance
Construct a new commercial development featuring a drive-thru restaurant. The project is located within a larger development area.
New construction
Jul 28, 2025 • Active
Commercial footing/foundation
Work on the footing and foundation for a commercial building.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 336
Basement Type: Unfinished
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Baseboard
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Story 1 Opening
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Crawlspace
Exterior Wall: Hardwood
Roof Covering Type: Asphalt/Composition Shingle
Roof Shape Type: Asphalt/Composition Shingle
Building Type: Supermarket
Property Information
Subdivision Name: RHODES ESTATES
Living Sq. Ft: 47,242
Ground Floor Sq. Ft: 2,162
Building Sq. Ft: 48,728
# of Stories: 1
Stories Type: 1
Legal Description: M75-36
Lot Information
# of Buildings: 2
Land Sq. Ft: 329,619
Legal Lot Number: 1
Fire District: LAKE NORMAN
Municipality Type: MECK
Municipality Name: COUNTY
Acres: 7.567
Zoning Code: NS
County Use Description: COMMERCIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 48,728
Stories: 1.0
Lot Size: 7.57 acres
Style: Other
Year Built: 2024
Year Renovated: 2024
County: Mecklenburg County
APN: 11122103
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Clear Creek Elementary
Public PreK-5 • Assigned • 0.7mi
8/10
Northeast Middle
Public 6-8 • Assigned • 3.6mi
5/10
Rocky River High
Public 9-12 • Assigned • 0.7mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Charlotte, NC • 28227
Average low and high temperatures (°F)
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$4.11M – $4.97M
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