Charlotte Development Opportunity | ±3.95 Acres Exceptional opportunity to acquire two connected parcels totaling approximately 3.95 acres along Nevin Road in Charlotte. Ideal for a multifamily developer, builder or investor seeking to create value through entitlement and redevelopment. The highest-value concept to investigate is a modern 100–140+ unit multifamily community, with preliminary studies evaluating approximately 25–38 units per acre. Potential development could feature 3–5 story contemporary buildings, balconies, clubhouse, fitness center, landscaped outdoor amenities and resident gathering areas. The combined parcels provide greater flexibility for building placement, access, parking, utilities, stormwater and internal circulation. Alternative concepts may include senior/workforce housing, 35–60 townhomes, build-to-rent, missing-middle housing or detached residential development. Buyer Due Diligence Required: All development concepts and unit counts are preliminary illustrations only and are not approved or guaranteed. Buyer is solely responsible for independently verifying zoning/rezoning, allowable density, utilities, access, environmental conditions, stormwater, soils, permitting and overall development feasibility before purchase. Two connected parcels. ±3.95 acres. Multiple development possibilities. Potential for a 100+ unit Charlotte multifamily project.
Derita-Statesville, located between Uptown Charlotte and Huntersville, is a residential and industrial Charlotte neighborhood with rail-side corridors and broad commercial strips. The neighborhood’s character concentrates around the I-85 & W.T. Harris Blvd interchange, where auto shops, international groceries, and no-frills eateries line the frontage roads. Housing ranges from mid-century ranches and brick split-levels to newer townhome pockets near major arterials. Nevin Community Park and the Derita branch of the Charlotte Mecklenburg Library add everyday green space and civic rhythm. Community pillars include the historic Rosedale Plantation, the grassroots energy of the Charlotte Regional Farmers Market, and the motorsports draw at Charlotte Motor Speedway. The landscape reads as practical and connected, with long blocks, warehouse backdrops, and steady traffic patterns shaping daily routines.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Approximately 3.95 acres
Paved road frontage
Publicly maintained road
Suitable for commercial, residential, multi-family, development, or private estate uses
Can be subdivided
Home design
Acreage land parcel
Zoning: N1-B
Utilities
City water available
Public sewer available
HOA & community
No HOA
Electricity and solar
View estimated energy costs and solar savings for this home
The N1-B Zoning District allows for the development of residential dwellings on lots of 8,000 sq ft or greater. The N1-B Zoning District is typically applied to established neighborhoods.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Golf related
Local insights from Redfin agents
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