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Back 406 Oak Street
Off Market

406 Oak Street

Charlotte NC 28214

3.8 ac.
Land
Last sold for $1,500,000
Teresa BeckerTeresa Becker, last sold this property on 11 March 2026 after 203 days on market.

Overview

Accepting Backup Offers. A solid investment opportunity with high income potential, I-2 (CD) Industrial Acreage with City-Approved Site Plans for a Truck Parking Lot. The owners have taken care of the extensive, multi-year planning approval and rezoning for you. Plans are fully approved and land has been rezoned as I-2(CD). This is one of Charlotte's few Industrial-zoned parcels, allowing the most intense Industrial use. Approximately 3.80 Acres. Frontage along Fred D. Alexander Blvd, right off of NC-16 Brookshire Blvd. This prime location has quick access to I-85 and I-485. Leverage this rare opportunity to begin development quickly. Contact the listing agent for approved plans and more information.

Features

3.8 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Charlotte over the last 12 months, the estimated median property value of 406 Oak Street is $124.79k.

Median value
$124.79k
Estimated value range
$35k - $4m
Median days on market
51
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Charlotte. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 406 Oak Street

2026
Sold
$1,500,000
11 Mar 2026 by Teresa Becker, of NextHome Paramount

Happy sellers in Charlotte

90%
90% of sellers in Charlotte reported that their sale price either exceeded or met their price expectations.

Charlotte stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Charlotte over the last 12 months.

Local market activity for land plots in Charlotte

In the last 12 months, 19 land plots similar to 406 Oak Street, have been sold.

This represents a 38% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Charlotte

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Josh Finigan

Sellers who recommend Josh Finigan have praised them for being clear communication, local expert, well-prepared, responsive, great negotiation, strategic, and trustworthy

  •   5   (181 reviews)
  •  6 Reviews in Charlotte
  •  6 Sales in Charlotte
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Ana Acela Perez Ochoa

Sellers who recommend Ana Acela Perez Ochoa have praised them for being local expert

  •   5   (16 reviews)
  •  4 Reviews in Charlotte
  •  2 Sales in Charlotte
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Ricardo Ardila

Ricardo Ardila is an award winning recommended agent for Charlotte.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (40 reviews)
  •  2 Reviews in Charlotte
  •  1 Sale in Charlotte
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Patrick Gorman

Sellers who recommend Patrick Gorman have praised them for being local expert, responsive, clear communication, supportive, detail-oriented, patient, and friendly

  •   5   (64 reviews)
  •  2 Reviews in Charlotte
  •  1 Sale in Charlotte
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