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General Business Commercial Land
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Pending

1001 Chestnut Lane, Matthews, NC 28104

AE4 General Business zoning supports a commercial land profile near established retail and residential development.

Property SizeContact for details
Days on Market143

Property Features for 1001 Chestnut Lane

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Ty-Par Commercial Realty
Listed By: Terry Richardson · License #NC 207022
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ty-Par Commercial Realty

Investment Insights

Based on property information with market context.

This commercial land parcel at 1001 Chestnut Lane is currently being used residentially and carries AE4 General Business zoning. The property is positioned near Potter Road and Chestnut Lane, with nearby retail including Harris Teeter, Circle K, and Walgreens.

Residential subdivisions identified as Brookhaven, Callowwood, and Chestnut Oaks are also located nearby, providing established surrounding development. The parcel’s present residential use and commercial zoning create a distinct contrast for evaluation by prospective buyers.

Key Highlights

  • AE4 General Business zoning
  • Currently used for residential purposes
  • Near Potter Road and Chestnut Lane

Property Analytics

Current Use

Grace L Kim ... Insurance Agency

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 70% Shops & Services 30%
Harris Teeter Groceries
26,602 visits/mo 0.2 miles
Circle K Shops & Services
9,877 visits/mo 0.1 miles
Mavis Discount Tire Shops & Services
1,595 visits/mo 0.2 miles

Demographics for 28104, NC

34,521
Population
12,751
Households
2.7
Avg Household Size
41
Median Age
57%
College-Educated
95%
High-School Grad
29.6 sq mi
ZIP Area
1,166
Density / Sq Mi
$129,775
Median Household Income
$57,493
Median Earnings
$1,705
Median Rent
$482,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - AE4 General Business zoning supports a commercial land profile near established retail and residential development.
Where is this commercial land located?
The property is located at 1001 Chestnut Lane Matthews, NC.
What are key features of this property?
This property features: AE4 General Business zoning; Currently used for residential purposes; Near Potter Road and Chestnut Lane
(704) 843-4637 Call to check price and availability
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