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Southpark Real Estate

Once a part of a sprawling 3,000-acre farm, owned by former North Carolina Governor Cameron Morrison, the area is geographically centered at the intersection of Fairview Road and Sharon Road in the south central sector of the city, about six miles south of Uptown Charlotte. SouthPark was born and derived its name from the upscale SouthPark Mall, which opened in 1970. At nearly 1.8 million square feet, SouthPark Mall is not only the largest shopping mall in Charlotte, but in all of North Carolina.



The mall features many high-end designers and boutiques such as Kate Spade, Burberry, Tiffany & Co, Kenneth Cole, American Girl, Lacoste, Juicy Couture, Louis Vuitton, and many others. SouthPark Mall is also anchored by Dillard's, the flagship store for Belk, North Carolina's second Nordstrom, the state's only Neiman Marcus, and Macy's. Dick's Sporting Goods and The Container Store serve as additional anchors at the mall. The Village at SouthPark, located adjacent to the Dillard's store, features Crate & Barrel and many restaurants. Other shopping complexes surrounding, such as Phillips Place, are within a close radius to SouthPark Mall and feature a diverse mix of tenants—including Taylor Richards & Conger, Allen Edmonds, Brooks Brothers, Orvis, and Restoration Hardware.



In addition to being home to the mall, SouthPark is also a popular residential area and one of the larger business districts in Charlotte, typical of the mixed-use developments found in many other larger cities.



The affluent area has also become home to many Fortune companies’ headquarters, flagships, and major divisional operations locations. Because of the affluent business and shopping economy sector, SouthPark continues to serve as a transit hub, via the SouthPark Community Transit Center, which is located on the parking deck of the SouthPark Mall. The hub also serves as a transfer point to several stations along the Lynx Blue Line light rail.



Meanwhile, healthcare isn’t far for residents with Carolinas Medical Center nearby, owned and operated by Atrium Health. Atrium Health recently opened a new medical office complex within SouthPark—featuring a medical office tower and freestanding emergency department.

Southpark - Town vs. County Stats

Avg Price in Southpark: $2,468,100 / County Avg $666,400

370%

Avg Sq. Ft. in Southpark: 4,306 / County Avg 2,239

192%

Avg Price per/sqft in Southpark:$573 / County Avg $298

193%

Avg Walkscore in Southpark: 53 / County Avg 36

147%

Avg Year Built in Southpark: 2015 / County Avg 2000

101%

Avg Days on Website in Southpark: 14 / County Avg 62

23%

Southpark Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales