New Offering: Charlotte, NC | Suburban Site with Multi-Family Zoning

Download Offering Materials: Flats at Whitehall Development Site

Capstone Land Sales is proud to present The Flats at Whitehall Development Site, a ±36-acre, multi-family zoned site located in the burgeoning Steele Creek neighborhood of Charlotte, NC. The extremely attractive development site offers excellent accessibility, proximity to major employment opportunities, walkable retail, and a low-risk profile. The large amount of acreage coupled with an excellent location allow the future development team to explore the construction of multi-family, for-rent townhomes, for-sale townhomes, or a mixture of the aforementioned product types. The current zoning is R-17MF (CD), which currently allows multi-family buildings of 40′ in height or less and a maximum density of 434 units. A developer would have to go through the Charlotte/Mecklenburg rezoning process in order to build a 4-story elevator product that would exceed the 40′ height restriction.

Investment Highlights:
Convenient Access to I-485 and I-77
Walkable Class-A Retail
In-Place Multi-Family Zoning
Multiple Development Strategies Available
Nearby Employment Opportunities

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