Property Description

University East & Old Concord | ±2.849-Acre Development OpportunityCharlotte, North CarolinaLocated at the intersection of University East Drive and Old Concord Road, this ±2.849-acre site presents a compelling development opportunity in one of Charlotte's most active growth corridors?University City.Positioned just off W.T. Harris Boulevard, a major east?west arterial, the property benefits from strong connectivity, high visibility, and immediate access to the broader North Charlotte market. The surrounding area features a diverse mix of uses, including attached single-family residential, multifamily communities, retail centers, hospitality, medical office, and established suburban office parks?creating a well-rounded live-work-play environment.The site offers meaningful optionality for developers, with the ability to accommodate a range of product types including:Multifamily or build-to-rent residentialTownhome or attached single-familyMixed-use or neighborhood-serving retailMedical or professional officeUniversity City continues to see significant momentum driven by:Ongoing expansion and investment at University of North Carolina at CharlotteStrong job growth across North Charlotte, including major employers like Albemarle Corporation and Eli Lilly and CompanyContinued residential and retail development supporting population growth and demandWith its strategic location, surrounding density, and proximity to employment and institutional anchors, University East & Old Concord represents a well-positioned infill development opportunity within a rapidly evolving submarket.

Property Features