8421 University East Drive, Charlotte, NC 28213
Mecklenburg County
Key Facts
Description
University East & Old Concord | ±2.849-Acre Development Opportunity Charlotte, North Carolina Located at the intersection of University East Drive and Old Concord Road, this ±2.849-acre site presents a compelling development opportunity in one of Charlotte’s most active growth corridors—University City. Positioned just off W.T. Harris Boulevard, a major east–west arterial, the property benefits from strong connectivity, high visibility, and immediate access to the broader North Charlotte market. The surrounding area features a diverse mix of uses, including attached single-family residential, multifamily communities, retail centers, hospitality, medical office, and established suburban office parks—creating a well-rounded live-work-play environment. The site offers meaningful optionality for developers, with the ability to accommodate a range of product types including: Multifamily or build-to-rent residential Townhome or attached single-family Mixed-use or neighborhood-serving retail Medical or professional office University City continues to see significant momentum driven by: Ongoing expansion and investment at University of North Carolina at Charlotte Strong job growth across North Charlotte, including major employers like Albemarle Corporation and Eli Lilly and Company Continued residential and retail development supporting population growth and demand With its strategic location, surrounding density, and proximity to employment and institutional anchors, University East & Old Concord represents a well-positioned infill development opportunity within a rapidly evolving submarket.
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Zoning
O-15(CD)
MLS® Listing#
4362322
Property Features
Sewer
Financial Details
HOA
None
Assessed Value
$493,400
Parcel Number
105-021-53
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Charlotte, NC
- $447,909
- Median Listing Price
- 66
- Median Days on Market
- 1,798
- Median Sq Ft
- $243
- Median Price / Sq Ft
- 3,838
- Active Listings
- This home’s price is 45% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Charlotte, NC.
Location
Points of Interest in Charlotte, NC
Showing the Charlotte area map.
Nearby Schools
David Cox Road Elementary Asep
Elementary · 0.6 mi away
Croft Community School
Elementary · 0.9 mi away
Pioneer Springs Community School
Elementary · 1.0 mi away
Mallard Creek Elementary School
Elementary · 2.1 mi away
Chesterbrook Academy Preschool
School · 2.2 mi away
Queen City Stem School
Secondary · 2.2 mi away
Winding Springs Elementary
Elementary · 2.2 mi away
Countryside Montessori School
Elementary · 2.4 mi away
Ranson Middle
School · 2.8 mi away
Goddard School
School · 2.9 mi away
Performance Learning Center
School · 2.9 mi away
North Mecklenburg High School
Secondary · 2.9 mi away
Brisbane Academy
School · 2.9 mi away
Corvian Community School
Secondary · 2.9 mi away
James Martin Middle
Elementary · 3.0 mi away
Statesville Road Elementary
Elementary · 3.1 mi away
Hornets Nest Elementary School
Elementary · 3.1 mi away
The King's Academy
School · 3.1 mi away
Mallard Creek High School
Secondary · 3.2 mi away
Cadence Academy Preschool
School · 3.2 mi away
Commute Calculator
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|---|---|---|---|---|
| 300 W 5th Street 336, Charlotte, NC | $455,000 | 2 | 2 | 1,069 |
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| 11619 Planters Estates Drive, Charlotte, NC | $455,000 | 4 | 2 | 2,095 |
| 10122 Hemingway Place, Charlotte, NC | $455,000 | 4 | 4 | 2,109 |
| 301 W 10th Street 506, Charlotte, NC | $455,000 | 2 | 1 | 1,343 |
| 4350 Park South Station Boulevard, Charlotte, NC | $455,000 | 3 | 3 | 1,888 |
Moving Cost Estimate
EXIT Agents in Charlotte
Listing Courtesy: EXP Realty LLC Ballantyne - 704-661-0375
Last Updated: 2026-04-01
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