Property listing for 3504 Colony Rd Unit P, Charlotte, NC, 28211
For SaleCondominium

$240,000

3504 Colony Rd Unit P, Charlotte, NC, 28211

Investor Opportunity: 4BR/4BA Condo Steps from SouthPark Shopping

4 Bed · 4 Bath · 2,340 Sq Ft

Rare, large 2,340 sqft SouthPark condominium — investor-priced and turnkey-to-rehab

4

Beds

4

Baths

2,340

Sq Ft

1969

Built

About 3504 Colony Rd Unit P

This unit’s first impression is location: a true SouthPark address with some of Charlotte’s best shopping, dining and entertainment just steps from the front door. Unit P is one of the unusually large condominiums in the neighborhood — 2,340 square feet with four bedrooms and four bathrooms — a configuration you rarely find inside a condominium complex in this pocket of the city.

The condition is candidly described as a diamond in the rough. Built in 1969 and offered as an investor special, the home needs significant renovation and is being sold as-is. That said, the scale of the interior and the flexible four-bedroom footprint give an imaginative buyer multiple options: reconfigure to create an elegant primary suite and guest wing, renovate for rental income, or modernize finishes while preserving value driven by the location.

Because this unit is tenant-occupied, showings require special handling — NO SHOWINGS will be allowed until an executed offer to purchase is in place and due-diligence funds exchanged. DO NOT DISTURB TENANT. The listing includes detailed photo comments intended to help buyers and agents evaluate the property remotely; please review those notes carefully before submitting an offer.

Priced at $240,000 (Redfin-derived midpoint estimate aligns at $240,000), this condo places a sizable interior footprint in a premium shopping and dining corridor. For investors and renovators who understand the value of proximity, the opportunity is straightforward: secure a large SouthPark condo at an entry price, complete targeted renovations, and capture both rental potential and the long-term appeal of the neighborhood. With vision and work, Unit P can convert from distressed to distinguished while offering immediate access to a walkable retail and restaurant environment that defines SouthPark living.

Home Highlights

Investor Special — sold AS-ISRare 4-bedroom, 4-bath condo in SouthParkLarge 2,340 sq ft interiorTenant-occupied; no showings without executed offer and DD fundsPriced at $240,000

Property Features

Interior Features

  • 4 bedrooms
  • 4 full bathrooms
  • 2,340 total square feet
  • Built in 1969
  • Large, flexible floorplan — multiple renovation layouts possible
  • Sold AS-IS (needs substantial renovation)
  • Tenant-occupied — do not disturb tenant

Exterior & Lot

  • Condominium unit within a mid-century building
  • Prime SouthPark address
  • Proximity to extensive retail and dining
  • Street parking / shared community parking (confirm with HOA)

Location & Neighborhood

  • Steps from SouthPark shopping and restaurants
  • Easy access to major Charlotte corridors
  • One of only a few condominiums of this size in the area
  • Strong long-term demand driven by SouthPark’s retail and employment nodes

Walkability & Recreation

  • Walkability Rating: 75/100 — Some errands on foot
  • Walking access to nearby shops and restaurants
  • Nearby green spaces and neighborhood stroll routes
  • Shopping/entertainment within immediate walking distance
  • Community recreation and services (verify HOA offerings)

Neighborhood & Location

SouthPark is Charlotte’s established high-end retail and dining district, defined by concentrated shopping and restaurant corridors and convenience to major employment routes. Residents value walkable access to shops and cafes, quick trips to errands, and a neighborhood character that blends commercial vibrancy with residential pockets. For owners and renters alike, SouthPark offers lifestyle convenience: daytime retail and evening dining options sit within short walks, making it attractive to buyers who prioritize proximity to amenities and a lively neighborhood environment.

Market Insights

This listing’s valuation data (Redfin-derived midpoint $240,000; price per square foot roughly $103; model confidence 0.65) frames the immediate market picture: the property is positioned as an entry-priced, value-driven offering for SouthPark — a neighborhood where location premium normally supports higher per-square-foot values. Condominiums with this much interior space are uncommon in the core SouthPark area, which tends to favor smaller condos and luxury townhomes; that scarcity of large units can concentrate buyer interest when one hits the market. For investors, the value proposition is accentuated by the as-is condition: buyers able to absorb renovation timelines typically compete for properties that offer location and scale together.

Practical considerations affecting market activity here include the tenant-occupied status and the seller’s requirement that no showings take place without executed offers and DD funds — a structure that can speed firm transactions but also narrows the initial buyer pool to those comfortable with off-market evaluation. Given those constraints and the entry price point, expect attention from local investors and renovators who work with off-market or tenant-occupied assets. Buyers should factor renovation costs, local rental market dynamics, and condo association policies into offers; agents experienced in SouthPark investments will find this a distinguishable risk/reward opportunity.

Walkability & Recreation

75
Walkability
65
Recreation

Good access to retail-oriented walkways and neighborhood green spaces; nearby shopping and dining create frequent walkable outings, with parks and larger recreation areas a short drive away.

AI Valuation Estimate

Low

$230K

Midpoint

$240K

High

$250K

$103/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

  • Prime SouthPark address
  • Street parking / shared community parking (confirm with HOA)
  • Steps from SouthPark shopping and restaurants
  • Strong long-term demand driven by SouthPark’s retail and employment nodes
  • Shopping/entertainment within immediate walking distance

SouthPark is Charlotte’s established high-end retail and dining district, defined by concentrated shopping and restaurant corridors and convenience to major employment routes. Residents value walkable access to shops and cafes, quick trips to errands, and a neighborhood character that blends commercial vibrancy with residential pockets. For owners and renters alike, SouthPark offers lifestyle convenience: daytime retail and evening dining options sit within short walks, making it attractive to buyers who prioritize proximity to amenities and a lively neighborhood environment.

Market data is based on aggregated public records and may not reflect real-time conditions.

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