449 Lawrence Gray Road | Sinko Realty LLC
449 Lawrence Gray Road - Main exterior view - 0 bed 0 bath home for sale
$1,150,000
$1,200,000
PRICE REDUCED Active

449 Lawrence Gray Road

Charlotte, NC, 28262

0 Bedrooms | 0 Bathrooms | 0 Sq Ft | 2.94 Acres
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Property Description

Excellent Development Opportunity at I-485 and Mallard Creek Rd interchange. ~3ac parcel already zoned for Multi-Family (N2-B). Good visibility to I-485 from site and easy access to I-485 via on-ramp at Mallard Creek Rd intersection. Conceptual Plan in attachments demonstrates the potential for 48 units in Two 3-story buildings w/64 parking spaces proposed (only 48 spaces required, however). Optional Amenity Area across drainage ditch. City water/sewer and other utilities available at street. Over 850' road frontage. Physical survey attached. Topographical survey available.

Property Details

Property Type: Acreage
Year Built: N/A
Living Area: 0 sq ft
Lot Size: 2.94 acres
Bedrooms: 0
Bathrooms: 0
Days on Market: 230
Water: City
Sewer: Public Sewer

Schools

Elementary: Mallard Creek
High: Mallard Creek

Financial Information

List Price: $1,150,000
HOA: No
Listing Information
Status: Active
MLS #: 4274907
Listing Firm: Helen Adams Realty
Listing Agent: Bill Washburn
Agent Email: bwashburn@helenadamsrealty.com

Market Insights

Beta
Charlotte is a Buyer's Market

Inventory is high and competition is low. Buyers have more negotiating power.

Buyer's Market Seller's Market
156 Active Listings
30 Sold (Last 90 Days)
15.6 mo Inventory
-
95.2%
List to Sale Price
Homes typically sell for 5% below list price.
~
76 days
Avg. Days on Market
Homes take around 76 days on average to sell.
$
$220,000
Median Sale Price
Based on 30 recent sales
Based on single family residential MLS data from the last 90 days Updated Mar 5, 2026

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$7,109
per month
Payment Breakdown
Principal & Interest $5,815
Property Tax (est.) $958
Insurance (est.) $335
Total Monthly $7,109

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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