Property Description

Prime Infill Corner Lot just two miles south of the Uptown skyline. A rare commercial opportunity awaits at the bustling corner of South Tryon Street and Herman Avenue. This exceptional 0.63-acre parcel boasts an impressive 47 feet of frontage along the heavily trafficked South Tryon corridor and an additional 43 feet on Herman Avenue, capturing the attention of over 20,000 daily passersby and delivering the kind of visibility that can make or break a retail, hospitality, or mixed-use venture. Currently zoned for light industrial use, this property is a blank canvas for visionary developers, as the City of Charlotte has already signaled a strong openness to rezoning for higher-density multifamily, mixed-use, retail, office, or hospitality projects, complete with reduced parking requirements to maximize your buildable area and return on investment. The numbers here tell a compelling story of momentum, with the surrounding trade area projecting a robust12% population and income growth through 2030, fueled by a high-earning household base that is hungry for new development. Adding to the strategic advantage, the property sits just eight hundred yards from the Newburn Light Rail Station, making it a prime candidate for transit-oriented design that aligns perfectly with Charlotte's 2040 growth vision. For developers looking to secure one of the very few remaining commercial lots this close to the city's core, the seller is offering flexible terms, including the option to handle the rezoning process for you and attractive seller financing with just fifty percent down, making this not just an acquisition, but a streamlined path to building something extraordinary in one of the Southeast's fastest-growing markets!

Property Features

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