About this property

Rare 0.63-acre infill corner lot just 2 miles from Uptown Charlotte, located at the high-visibility intersection of South Tryon Street & Herman Avenue. The property offers 47' of frontage along South Tryon and 43' along Herman, with exposure to 20,000+ daily drivers. Currently zoned light industrial, the City of Charlotte is open to rezoning for multifamily, mixed-use, retail, office, or hospitality uses, with reduced parking requirements that may maximize buildable area. The trade area is projected to see approximately 12% population and income growth through 2030, supported by strong household incomes and continued demand for new development. Newburn Light Rail Station is approximately 800 yards away, creating an opportunity for transit-oriented development aligned with Charlotte's long-term growth and 2040 vision. Seller offers flexible terms, including the potential to sell subject to rezoning and attractive financing with 50% down. A rare commercial infill opportunity with proximity to Uptown, major transportation, and light rail.

Features and Additional Information