±3.12-acre land parcel, representing one of the few remaining sites of this size available on this strategic commercial corridor. The property is being sold as a prime candidate for rezoning to accommodate a new commercial development. Given its significant frontage of approximately 291 feet on Albemarle Road and its position in a high-growth market, the site is ideally suited for a developer looking to capitalize on the demand for higher density residential, retail, or medical. The listing is supported by partners with extensive experience in navigating the local entitlement and rezoning process, providing a distinct advantage for a potential buyer. This is a rare opportunity to secure a substantial land holding with immense upside potential.
Vacant landProperty Type
3.12 acresLot Size
$285,256Price/Acres
Listed by Patrick Register• Coldwell Banker Realty
Hickory Ridge, located between Sugar Creek Road and The Plaza, is a residential and commuter-friendly Charlotte neighborhood with wooded pockets and mid-century subdivisions. The neighborhood’s character concentrates around the Sugar Creek Rd & W.T. Harris Blvd crossroads, where auto shops, taquerias, and small storefronts set a practical, everyday rhythm. Brick ranches and split-level homes sit along curving streets, with mature trees softening the edges of busier corridors. RibbonWalk Nature Preserve adds a quiet counterpoint of boardwalk trails and creekside habitat. For local pillars, nearby NoDa Brewing Company, the Neighborhood Theatre, and the Johnston YMCA anchor culture and community routines. Greenway links and arterial roads shape a lifestyle that balances nature breaks with city-bound momentum.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Unimproved land (no interior structures or finished spaces)
Exterior features
Paved road frontage
Publicly maintained road
Home design
Land property (Unimproved Commercial)
Zoned N1-A
Possible uses include commercial or residential
Construction
3.12 acres
Utilities
City water available
Public sewer available
HOA & community
No HOA
Other
No restrictions reported
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
Local insights from Redfin agents
Ballantyne is creating a new identity for itself. It is already known as a business hub in South Charlotte, but now with the Bowl development behind the Ballantyne Hotel, it is the scene for walkability to hip restaurants, wine bars and coffee...
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, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Charlotte, NC • 28227
Average low and high temperatures (°F)
49
30
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37
71
47
77
55
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92
73
82
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81
64
72
52
65
45
53
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 20% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8705 Albemarle Rd
$810,331
$80K under list price of $890K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $339K to $427K.