(LAND) CHARLOTTE METRO INFILL NEW CONSTRUCTION OPPORTUNITY!
(MOUNT HOLLY, NC 28120)
ASKING PRICE: $47,300
NEW CONSTRUCTION VALUE: $320,000
Location
- Market / Area: Mount Holly, Gaston County, NC. Part of the Charlotte Greater Metro Area, just west of Charlotte
- What This Supports: Great for infill residential construction on an Existing Lot of Record
Lot Conditions & Specs
- Size: 0.13 acres = 5,663 sqft
- Condition: Mostly Cleared Vacant Infill Lot with Few Trees
- Dimensions: Approximately 120′ Wide x 50′ Deep, Rectangular Shaped Lot
- Floodplain: Not in a Flood Zone or Floodplain
- Drainage / Buildable Area: No Identified Drainage Issues, Approximately 30′ x 60′ Buildable Area
Zoning & Development
- Zoning: RS-8 / R8 Single Family Residential
- Development Path: Existing Nonconforming Lot of Record, Buildable for SFR Development
- Setbacks / Standards:
Min/Max
8,000 sqft minimum lot size
60′ minimum lot width
40% max lot coverage
35′ max height
Setbacks: 25′ front setback, 8′ interior side setback, 12′ street side setback, 25′ rear setback
Utilities & Infrastructure
- Sewer: City Sewer Available along S Hawthorne St and Costner St, $1,200 tap fee
- Water: City Water Available along S Hawthorne St and Costner St, $1,200 tap fee + $350 meter fee
- Electric: Duke Energy with Service Lines Across the Road
- Access: Paved Road Frontage, No Existing Approach
SFR New Construction Comps:
- 319 E Glendale Ave | 3 BD / 2 BA | 1,201 SF | Built 2026 | SOLD for $320,000 (2026)
- 311 E Glendale Ave | 3 BD / 2 BA | 1,190 SF | Built 2026 | SOLD for $326,500 (2026)
- 413 W Glendale Ave | 3 BD / 2 BA | 1,190 SF | Recent Construction | SOLD for $310,000 (2025)
*CLICK HERE TO SUBMIT OFFER*
Contact for all info & offers!
704-741-2044
Scott@zeres.capital
Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.
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Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 8 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $3,500. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.