Property Description

Fully Approved 30-Lot Townhome Development ? Ready to Break GroundPrice reduced to $1,900,000. Rare opportunity for a builder, multifamily developer, or build-to-rent operator to acquire a fully approved 30-lot attached-residential development in the Matthews/Charlotte market.Situated on approximately 5.3 wooded acres along Simfield Church Road, the project is planned for a combination of duplex and triplex townhome-style homes. The development is fully approved and ready to break ground, allowing a buyer to avoid the time, expense, and entitlement risk normally associated with starting a residential project from scratch.A major differentiator is the private road entrance, which provides the ability to create a distinctive gated or access-controlled community. This private-entry layout gives a future builder the opportunity to deliver a more controlled, cohesive, and premium-feeling neighborhood than a typical open-access townhome site.City water and sewer are available. The offering includes approved plans, engineering information, conceptual renderings, and supporting development documents, enabling a qualified buyer to move directly into final budgeting, site-work coordination, product selection, and vertical construction planning.The location offers convenient access to downtown Matthews, local dining and shopping, medical services, parks and greenways, I-485, and the U.S. 74/Independence Boulevard corridor for connectivity throughout the Charlotte metro area.Ideal for:Townhome and infill residential buildersDuplex and triplex developersBuild-to-rent developers and operatorsInvestors seeking an entitled project for construction, resale, or joint ventureThe purchase includes PID 07147138A in Union County. Contact the listing agent for the complete development package, including approvals, plans, engineering, renderings, and supporting documentation.

Property Features

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