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Property 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.
Full Property Details
Full Property Details for 8421 University E Dr
General
- Price: $650,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4362322
- Updated: 4/3/2026
- Added to Site: 3 day(s) ago
Location
- County: Mecklenburg
- City Limits: Yes
Utilities
- Sewer: Public Sewer, Tap Fee Required
- Water: City, Tap Fee Required
Lot Features
- Street/Road Desc.: Other
Disclosures and Reports
- Restrictions: Other - See Remarks, N/A
- Inclusions: Land
- Property ID: 105-021-53
- Lot Number: 21499-945
Listed by EXP Realty LLC Ballantyne
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Schools
Schools serving 8421 University E Dr
School District:Charlotte-Mecklenburg Schools
| Name | Grades | Distance |
|---|---|---|
Joseph W Grier Academy 8330 Grier Road, Charlotte, NC 28215 | PK-5 | 1 mi |
Martin Luther King Jr Middle 500 Bilmark Avenue, Charlotte, NC 28213 | 6-8 | 2.9 mi |
Julius L. Chambers High School 7600 IBM Drive, Charlotte, NC 28262 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8421 University E Dr
Date
Details
Price
Change
Source
4/01/2026
Listed
$650,000
68.83%
MLS
12/06/2006
Sold
$385,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8421 University E Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,736
3%
$493,400
—
2023
$3,619
-24%
$493,400
—
2023
$4,761
10%
$493,400
10%
2022
$4,330
—
$448,700
—
2021
$4,330
—
$448,700
—
2020
$4,330
—
$448,700
—
2019
$4,330
6%
$448,700
45%
2018
$4,071
1%
$310,300
—
2017
$4,017
—
$310,300
—
2015
$4,017
1%
$310,300
—
2013
$3,986
—
$310,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8421 University E Dr
8421 University East Drive, Charlotte, NC 28213 (MLS# 4362322) is a Commercial property. 8421 University East Drive is currently listed for $650,000 and was received on April 01, 2026. Want to learn more about 8421 University East Drive? Do you have questions about finding other Commercial real estate for sale in Charlotte? You can browse all Charlotte real estate or contact a Coldwell Banker agent to request more information.

