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Charlotte Development Opportunity Near Lightrail
For Sale
$269,000

1515 W 5th Street, Charlotte, NC 28216

Prime lot in growing Biddleville/West End corridor near amenities.

Property SizeContact for details
Days on Market154

Property Features for 1515 W 5th Street

General Information

Standard status Active
Property subtype Land or Vacant Lot

Amenities

Open Lot
Views
Listing Agency: SERHANT
Listed By: JOSH DEARING
Source: Corcoran
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 8 at 6:26AM

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 SERHANT

Investment Insights

Based on property information with market context.

This property presents a development opportunity in Charlotte’s Biddleville/West End corridor. Zoned NC (Neighborhood Center), the lot supports a mix of residential, commercial, and service uses. The zoning encourages both vertical and horizontal mixed-use development. Located within the Pedestrian Overlay District, the property allows a 0 ft setback on one side and a 5 ft setback on the other. The lot offers year-round views of the city skyline, with city views possible from a second or third story rooftop terrace. Positioned steps from the Bruns Avenue Light Rail Station, the property is a short walk to Center City, the farmers market, and neighborhood amenities. A planned grocery store nearby highlights the continued growth and investment in the area. This site is located in one of Charlotte’s evolving urban neighborhoods.

Key Highlights

  • Prime development opportunity in Charlotte's rapidly growing Biddleville/West End corridor.
  • NC zoning allows for mixed residential, commercial, and service uses, offering exceptional flexibility.
  • Located within the Pedestrian Overlay District, maximizing building footprint with urban setback structure.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service Plumbing Service

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

6,444
Businesses Nearby

Demographics for 28216, NC

57,196
Population
24,902
Households
2.3
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
30.0 sq mi
ZIP Area
1,907
Density / Sq Mi
$64,977
Median Household Income
$43,643
Median Earnings
$1,464
Median Rent
$246,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime lot in growing Biddleville/West End corridor near amenities.
Where is this commercial land located?
The property is located at 1515 W 5th Street Charlotte, NC.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Prime development opportunity in Charlotte's rapidly growing Biddleville/West End corridor.; NC zoning allows for mixed residential, commercial, and service uses, offering exceptional flexibility.; Located within the Pedestrian Overlay District, maximizing building footprint with urban setback structure.
More about this property
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