10 minutes to Uptown, NoDa, Panthers Stadium, Hornets Arena - 2937 Commonwealth Avenue, Charlotte
Conceptual rendering illustrating an estimated capacity for 6 townhomes after factoring in buffer requirements. - 2937 Commonwealth Avenue, Charlotte
Adjoins N2-B zoning on two sides (currently an apartment complex). - 2937 Commonwealth Avenue, Charlotte
Adjoins N2-B zoning on two sides (currently an apartment complex). - 2937 Commonwealth Avenue, Charlotte
Estimated capacity for 6 townhomes after factoring in buffer requirements. - 2937 Commonwealth Avenue, Charlotte
Lot at 2937 Commonwealth Avenue, Charlotte, photo 6 of 8
Lot at 2937 Commonwealth Avenue, Charlotte, photo 7 of 8
Estimated capacity for 6 townhomes after factoring in buffer requirements. - 2937 Commonwealth Avenue, Charlotte
8 photos

$1,100,000

2937 Commonwealth Avenue
Charlotte, NC 28205
Listed by Patrick Register · Coldwell Banker Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare infill development opportunity on Commonwealth Avenue, one of Charlotte's most desirable and fast-appreciating corridors. This ±0.57-acre site sits directly beside an existing apartment community and among established townhomes, making it a strong candidate for rezoning to a higher-density residential use such as townhomes. Currently zoned N1-D and bordered by Neighborhood 2 (N2) on the side and rear, the property is ideally positioned for a townhome redevelopment, both today and under the Charlotte 2040 plan. City water and sewer are available at the Commonwealth Avenue frontage, with ±100 ft of frontage and an existing curb cut for site access. Located within roughly 10 minutes of Uptown, NoDa, South End, and the Uptown sports and entertainment district (Panthers, Knights, and Hornets), with quick connections to Central Avenue, The Plaza, and Independence Boulevard. Sold for land value. Cooperative seller willing to work with a builder through the process. Buildable area, unit yield, and entitlements subject to confirmation by the buyer's engineer and the City of Charlotte. Bring your builders and investors.

Property details

MLS
Canopy MLS
MLS #
CAR4420028
Property type
Lot
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
September 2, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Oakhurst STEAM Academy
1.32 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
529
Student:teacher ratio
14.7:1
District
Charlotte-Mecklenburg Schools
Middle
Eastway Middle
1.04 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
848
Student:teacher ratio
15.4:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
5.23 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

Walkability

Blended score for Charlotte's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores17
Parks7
Schools5
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Charlotte, from live MLS data.

On the market 0 days -- 67 fewer days than Charlotte's current average of 67 days.
For reference, the median list price across 5,630 active listings in Charlotte right now is $359,990.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 2, 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.