This listing is under contract.

SouthEnd redevelopment opportunity - 13.4 acres

3722 S Tryon St Charlotte, NC 28217

3722 S Tryon St, Charlotte, NC, 28217
3722 S Tryon St, Charlotte, NC, 28217
UNDER CONTRACT FOR SALE
Property Type:
Other Land
Amount:
$9,900,000
Last Verified:
Oct 11, 2018

  • ± 13.4 acres
  • Zoned I-1, I-1 (CD)
  • 1,600 ft from Scaleybark Light Rail Station
  • Excellent apartment & townhome site
  • S. Tryon St. traffic count: 17,000
  • 644 ft of frontage on S. Tryon St.

Map of 3722 S Tryon St, Charlotte, NC, 28217

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.