Highest and best use is mid to high density residential
Municipal utilities available near property
Perfect site for townhome or multifamily development
Property Description
Nestled in the heart of Mount Holly, North Carolina, this exceptional 30-acre parcel of land offers a unique development opportunity in a quickly growing submarket of Charlotte, NC. Currently zoned as R-1, the property holds immense potential for a mid-to-high density residential development, making it a highly attractive investment opportunity.
The property enjoys a strategic location within Mount Holly, a picturesque town known for its charm and proximity to major urban centers. Situated just a short drive from Charlotte, the largest city in North Carolina, residents will have easy access to a plethora of amenities, entertainment options, and employment opportunities.
About Mount Holly, NC
Mount Holly is a charming city located in Gaston County, North Carolina. It's situated to the west of Charlotte, which is one of the largest cities in the state. Mount Holly is known for its picturesque setting, small-town atmosphere, and proximity to larger urban centers.
Mount Holly's location within commuting distance of Charlotte has made it an attractive choice for individuals who work in the city but prefer to live in a quieter, more suburban environment.
The economic opportunities available in Charlotte and the surrounding area have drawn individuals and families to Mount Holly. As the Charlotte metro area continues to grow as a hub for various industries, it has a positive impact on the population growth of nearby communities like Mount Holly.
About Charlotte, NC
Charlotte, also known as “Queen City”, is located in Mecklenburg County and is the largest city in NC and one of the fastest-growing cities in the United States. The population in 2021 was over 800,000 people. The city has many opportunities to live and work. Charlotte is a southern town with an urban feel. From unique restaurants to shops and entertainment, Charlotte has plenty to offer for everyone.
According to Forbes, Charlotte ranks 1st among the top 10 cities with the best employee engagement. In Charlotte, there are eight Fortune 500 companies. These include Lowes, Bank of America, Nucor, Honeywell, Duke Energy, Truist Financial, Sonic Automotive, and Brighthouse Financial.
Charlotte is home to the Charlotte International Airport, one of the nation’s and world's busiest airports. In 2022, CLT hosted nearly 48 million passengers and handled 505,589 aircraft arrivals and departures. The growth of CLT has resulted in the plan to add an additional runway. This fourth parallel runway is anticipated to be 150 feet wide and 10,000 feet long, making it CLT’s longest runway.