7121-7223 Alexander Rd

134,164 / 3.08
Lot Size / Acres

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

Amenities

  • Driveway
LISTING CLOSED: 06/26/2025 12:00 AM

Property Details for 7121-7223 Alexander Road

StatusClosed
MLS #4115505
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size3.08 AC
CountyMecklenburg County

Location

Listing Courtesy of EXP Realty LLC Ballantyne

Sold By RE/MAX Executive

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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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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.