Charlotte · Commercial sale
Roots Magnolia Pines 1 buys 15 parcels in Charlotte for $5.25 million
A group of 15 parcels including 6050 Old Pineville Rd, Charlotte sold for $5,250,000 on September 3, 2026. See the seller and buyer net sheets for this.
- Sale price
- $5,250,000
- Recorded
- September 3, 2026
- Property type
- Group of 15 parcels
A group of 15 parcels including 6050 Old Pineville Rd in Charlotte sold for $5,250,000, according to transfer tax paid on a special warranty deed recorded September 3, 2026 with the Mecklenburg County Register of Deeds. The price represents a 35% jump over the most recent earlier sale on record of $3,900,000 in 2025.
Roots Magnolia Pines 1 LLC is listed as the buyer in the recorder's index, according to the Mecklenburg County Assessor.
What this sale costs to close
What does closing cost at this price? Under Mecklenburg County custom the seller's larger charges are $10,500 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $5,212,617 before brokerage commissions and any loan payoff. A cash buyer would need about $5,234,458 at closing.
Source: Mecklenburg County Assessor, parcel sales, document 40694-922. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Mecklenburg County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
