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$2,550,000

Charlotte, NC 28205
Listed by Kevin McLemore · United Country Real Estate - The McLemore Group
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

Incredible opportunity to purchase 5 parcels totalling 1.096 Acres ideal for redevelopment into a prime residential development. This property is located on the improved Matheson Avenue street within walking distance to NoDa and the 25th Street Charlotte light rail station. Matheson Avenue is being improved by the city of Charlotte with widened sidewalks and new crosswalks. All the excitement of the Plaza Midwood area and the walking ability to the North Davidson community provides future residents all of their needs and wants for dining, entertainment, work, and lifestyle opportunities. New homes of $1mil to $2mil are built and being built all around this property. Current zoning is N1-C which alllows for 6000 sq. ft. lots or seller will consider offers allowing buyer time to rezone to a different use.

Property details

MLS #
CAR4330399
Property type
Acreage
Subdivision
N/A
Status
Active
Days on market
69
On market date
N/A
Stories
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Garage spaces
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Lot size
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Highland Renaissance Academy
0.98 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
381
Student:teacher ratio
15.9:1
District
Charlotte-Mecklenburg Schools
Middle
Martin Luther King Jr Middle
2.25 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
957
Student:teacher ratio
19.1:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
4.66 mi away · Grades 11-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
166
Student:teacher ratio
41.5:1
District
Charlotte-Mecklenburg Schools

Mortgage calculator

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Est. monthly payment
$15,506/mo
$510,000 down
$2,040,000 loan
Principal & interest$13,231
Property tax (est.)$2,125
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated February 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.