Last Sold Price
134,164 Lot Size3.08 Acres
7121-7223 Alexander Rd, Charlotte, NC 28270

Description

Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander...Excellent Development opportunity for up to 20 residential units by right under the new N1-A zoning. Bring your eye for design and residential flair in this opportunity to deliver Your prestige community to market. This site lends itself to multiple development options; One strategy may be to max out the unit count, the current N1-A zoning under the new UDO ordinances allow up to 20 units by right. Another Strategy may be to take advantage of the lot depth by offering 12 units fronting Alexander road with access to a private driveway, the exclusivity would be brimming while still offering abundant exterior yard space for each residence. Another may be to blend the two, offering between 14-18 units and slightly more natural or common space for residents to enjoy. Last but not least, and not to be blatantly obvious, this also would accommodate 6 Luxury Estate homes, with single family homes easily touching $2.0m and up - This is not one to miss, strike while the iron's hot!
LISTING CLOSED: 06/26/2025 12:00 AM

  1. Listed by EXP Realty LLC Ballantyne • 704-773-4345

Property Details for 7121-7223 Alexander Road

Status
MLS #
4115505
Days on Market
18
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Lot
Year Built
-
Lot Size
3.08 AC

Recent comparable sales

Median sold price

$412,250

Avg days on market

93

Sale-to-list ratio

104.8%

Charlotte, NC

9 comparable properties found

$1,795,000 | 5015 Hardison Road, Charlotte, NC 28226
1/3
1

$1,795,000

Sold 10/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.09
Acres
$1,835,000 | 2019 Pellyn Wood Drive, Charlotte, NC 28226
1/34
2

$1,835,000

Sold 05/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.35
Acres
$4,000,000 | 7232 Alexander Road, Charlotte, NC 28270
1/13
3

$4,000,000

Sold 05/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.26
Acres
a backyard of a house with lots of green space
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4

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Sold 12/17/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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Acres
a view of a park with large trees
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Sold 09/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres
a view of a white building
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6

$412,250

Sold 04/28/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
0.41
Acres
$170,000 | 0 Sardis Road North, Charlotte, NC 28270
1/13
7

$170,000

Sold 11/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.37
Acres
a close view of light fixtures
1/4
8

$379,500

Sold 02/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$389,000 | 5911 Vidal Lane, Charlotte, NC 28226
1/7
9

$389,000

Sold 10/02/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.26
Acres

Amenities

  • Driveway

Location

Listing Courtesy of EXP Realty LLC Ballantyne

Sold By RE/MAX Executive

Add your commute

Building Information for 7121-7223 Alexander Road

Lot Size3.08 AC

Payment Calculator

$10,674 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,674

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7121-7223 Alexander Road

Summary
Location and General Information
  • Longitude: -80.766933
  • Zoning: N1-A
  • Latitude: 35.12134
  • Directions: Take US-74 E and NC-16 S to Alexander Rd Turn left onto Alexander Rd Destination will be on the left
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $1,350,000.00
  • Parcel Number: 21319118
  • City Taxes Paid To: Charlotte
School Information
  • Middle Or Junior School: McClintock
  • High School: East Mecklenburg
  • Elementary School: Lansdowne
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Sq Ft Building Minimum: 0
  • Lot Features: Other - See Remarks
  • Lot Size Dimensions: 446.07x300
  • Lot Size Units: Acres
  • Possible Use: Development, Multi-Family, Residential, Other - See Remarks
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: Medium
  • Photos Count: 2
  • Road Responsibility: Publicly Maintained Road
  • Additional Parcels Description: 21319119, 21319120, 21319116, 21319115, 21319117
  • Senior Community YN: No
  • Restrictions: N/A
Utilities
  • Sewer: Public Sewer, Private Sewer, Other - See Remarks
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Paved
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 7121-7223 Alexander Road

DateEvent & SourcePriceAppreciation
Jun 26, 2025

Closed

CANOPY #4115505

$2,100,000
Sep 6, 2024

Under Contract-Show

CANOPY #4115505

Mar 4, 2024

Listed (Active)

CANOPY #4115505

$2,500,000
DateEvent & SourcePrice
06/26/2025

Closed

CANOPY #4115505

$2,100,000
09/06/2024

Under Contract-Show

CANOPY #4115505

03/04/2024

Listed (Active)

CANOPY #4115505

$2,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 7121-7223 Alexander Road

This home is within Charlotte-Mecklenburg School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 13
Rating
School
Distance
Lansdowne Elementary
PublicK to 5

McClintock Middle School
Public6 to 8

East Mecklenburg High
Public9 to 12

Levine Middle College High
Public11 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7121-7223 Alexander Road, Charlotte, NC 28270
$2,100,000
134,164
$600,000
4
2,713
67,518
$2,166,841
4
4,053
22,651
$182,000
4
2,546
28,465
4
2,518
20,197
5
4
3,258
23,914

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC Ballantyne

Based on information submitted to the MLS GRID as of 08/08/2025 09:34 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.