2937 Commonwealth Ave, Charlotte, NC

Land for Sale - $1,100,000


Agent Info

Benjamin Register
Coldwell Banker Realty

Property Info

CIMLS#1196121
Location
  2937 Commonwealth Ave
  Charlotte NC 28205
UpdatedOctober 16th, 2026
TypeLand
Price$1,100,000

Property Description

This prime infill development site on Commonwealth Avenue sits in one of Charlotte's most dynamic and steadily appreciating corridors. Bordering an existing N2 apartment community and surrounded by higher-density development, the property is an exceptionally strong candidate for residential rezoning with a seller willing to cooperate through the entitlement process.

Property & Development Highlights

Lot Size & Dimensions: ±0.57 acres (±24,829 SF) featuring ~100' of Commonwealth Ave frontage and ~250' of depth. Zoning Potential: Currently N1-D, but highly suitable for higher-density residential rezoning based on immediate N2 adjacencies and the Charlotte 2040 plan. Topography & Layout: The site slopes front-to-rear, ideally suiting a drive-accessed product with tuck-under parking. An existing curb cut is in place. Utilities: City water and sewer are available at the frontage, with an additional rear sewer connection accessible via easement. Seller Cooperation: The seller will work with a builder through the rezoning process.

Location & Connectivity

Premium Submarket: Situated just east of Uptown, offering immediate access to the independent restaurants, breweries, and boutiques of Plaza Midwood and NoDa. Urban Access: Within a 10-minute drive of Uptown Charlotte, South End, and the Uptown sports and entertainment district (Panthers, Knights, Hornets). Major Arteries: Quick, highly drivable connections to Central Avenue, The Plaza, Independence Boulevard, and I-277.


Financials



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