Capstone Land Sales is pleased to present the North End Greenway Development Site,
a ±19-acre garden multi-family site in the white-hot North End
submarket of Charlotte’s urban core. The site sits at the interchange of
Atando Avenue and I-77 and boasts +1,500 ft of frontage along the
interstate, creating an ideal marketing widow for a market rate
apartment development. A portion of the Cross-Charlotte Greenway Trail
system fronts the site, providing future residents with a built-in
amenity that will further enhance connectivity to Uptown, The NC Music
Factory, and Camp North End—each of which is located less than 3 miles
from the subject site. A favorable rezoning proposition exists as well,
with nearby rental comps north of $1.50/SF and a portion of the site
currently carrying a multi-family zoning designation of R-22MF. The site
also falls within an Opportunity Zone and a LIHTC qualified census
tract, providing future ownership with a variety of ideal development
options.