Investor and builder opportunity! Situated on a spacious 0.529-acre lot, this property offers endless possibilities for full renovation, and or a brand-new custom build. The existing home is a fixer-upper with potential for investors, flippers, or buyers looking to renovate and add value. Alternatively, the large lot provides an ideal setting to tear down and build new in a desirable location. Conveniently located near shopping, dining, schools, and major highways. Whether you’re looking for your next investment project or the perfect site for new construction, this property is full of potential. Sold as-is.
Single-familyProperty Type
1946Year Built
0.53 acresLot Size
$142Price/Sq.Ft.
Listed by Rosie Zapata• Century 21 Providence Realty
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
Offer insights
5510 Allen Rd E · $200,000
$200K and above
75% chance or better to win
Why $200K+ is a strong offer
DAYS ON MARKET
149 days
The average home goes pending in 59 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Attic with pull-down stairs
7 total rooms
Bedrooms
3 bedrooms (all on main level)
Bathrooms
1 full bathroom (main level)
Kitchen
Microwave
Laundry & utility
Washer hookup
Electric dryer hookup
Flooring
Wood floors
Heating & cooling
Natural gas heating
Central air conditioning
Exterior features
Porch with screened and side porch areas
Gravel and concrete road access
Publicly maintained road
Home design
Single-family residence
Site-built construction
One story
Zoned N1-A
Parking
Attached carport
Construction
Aluminum and vinyl exterior materials
Crawl space foundation
Utilities
City water
Public sewer
HOA & community
No HOA
Electricity and solar
View estimated energy costs and solar savings for this home
The N1-A Zoning District allows for the development of residential dwellings on lots of 10,000 sq ft or greater. The N1-A Zoning District is typically applied to established neighborhoods.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Educational/school
Golf related
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Charlotte, NC • 28269
Average low and high temperatures (°F)
49
30
56
37
70
47
77
55
78
60
88
69
91
74
82
68
81
62
73
52
65
45
53
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in Charlotte. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5510 Allen Rd E
$194,044
$5,956 under list price of $200K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $260K to $372K.