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Prime Residential Development Opportunity
For Sale
$2,550,000

Matheson Avenue, Charlotte, NC 28205

LAND - Charlotte, NC

Property SizeContact for details
Lot Size1.10 Acres
Days on Market245

Property Features for Matheson Avenue

General Information

Property type Land
Property subtype Other
Zoning N1-C
Zoning description N1-C
Fencing Fenced, Chain Link
View City
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 08306302
Lot size 1.10 Acres

Taxes and HOA fees

Tax Description 5 Parcels Matheson Avenue
Legal Description 5 Parcels Matheson Avenue

Utilities

Utilities Cable Available
Sewer type Public Sewer
Listing Agency: United Country Real Estate - The McLemore Group
Listed By: Kevin McLemore · License #173324
Added: Dec 19, 2025 Changed: Aug 2 Last Checked: Aug 21 at 11:06PM
MLS# 4330399

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents an opportunity to purchase five parcels totaling 1.096 acres, suitable for redevelopment into a residential development. Situated on Matheson Avenue, the location offers walking distance access to NoDa and the 25th Street Charlotte light rail station. The City of Charlotte is improving Matheson Avenue with widened sidewalks and new crosswalks. The property's location provides access to dining, entertainment, work, and lifestyle opportunities. New homes valued between $1 million and $2 million are under construction in the surrounding area. The current zoning is N1-C, allowing for 6000 square foot lots. The seller will consider offers allowing the buyer time to rezone to a different use.

Key Highlights

  • Prime redevelopment opportunity on 1.096 acres for residential development.
  • Walking distance to NoDa and the 25th Street Charlotte light rail station.
  • Located on Matheson Avenue, which is undergoing improvements by the city of Charlotte (widened sidewalks, new crosswalks).

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

Demographics for 28205, NC

49,600
Population
24,605
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
86%
High-School Grad
11.8 sq mi
ZIP Area
4,203
Density / Sq Mi
$72,479
Median Household Income
$49,340
Median Earnings
$1,376
Median Rent
$410,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 1.096 acres ideal for residential development near NoDa.
Where is this land located?
The property is located at Matheson Avenue Charlotte, NC.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Prime redevelopment opportunity on 1.096 acres for residential development.; Walking distance to NoDa and the 25th Street Charlotte light rail station.; Located on Matheson Avenue, which is undergoing improvements by the city of Charlotte (widened sidewalks, new crosswalks).
More about this property
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