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Neighborhood Center Zoned Development Site
For Sale
$269,000

1515 W 5th Street, Charlotte, NC 28216

Land site in Charlotte’s NC Neighborhood Center zone with pedestrian overlay setbacks and transit proximity for flexible development plans.

Property SizeContact for details
Days on Market167

Property Features for 1515 W 5th Street

General Information

Standard status Active
Property subtype Lot-Land
Zoning NC

Amenities

Open Lot,Views
Other - See Remarks
0.07
Paved
Publicly Maintained Road
Listing Agency: Coldwell Banker Mountain View
Listed By: Lisa DuBose
Source: Cdanjoyner
Added: Mar 8 Changed: Aug 21 Last Checked: Aug 22 at 3:55AM

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 Coldwell Banker Mountain View

Investment Insights

Based on property information with market context.

This offering is a commercial land development site positioned to support mixed-use concepts under Neighborhood Center (NC) zoning. The property is located within the Pedestrian Overlay District, which provides an urban setback structure allowing a 0 ft setback on one side and a 5 ft setback on the other, helping maximize the usable building footprint. The site is also described as offering year-round views of the Queen City skyline, with potential for enhanced city views from a second or third story rooftop terrace.

The location is just steps from the Bruns Avenue Light Rail Station, with a short walk to Center City and the area’s farmers market and neighborhood amenities across Biddleville and the Historic West End. The surrounding area is described as continuing to see new development and revitalization, including a planned grocery store nearby.

For developers, builders, and investors, this is a practical land option when you want flexibility from NC zoning and a setback structure that can support efficient site planning. Its transit-adjacent placement and described walkable access to central destinations may be attractive for concepts that benefit from neighborhood-oriented foot traffic.

Key Highlights

  • 0.07‑acre open lot with views in Charlotte’s Biddleville/West End corridor
  • Zoned NC (Neighborhood Center) allowing for a mix of residential, commercial, and service uses
  • Located in the Pedestrian Overlay District with an urban setback structure: 0 ft setback on one side and 5 ft on the other

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

604
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 - Land site in Charlotte’s NC Neighborhood Center zone with pedestrian overlay setbacks and transit proximity for flexible development plans.
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: 0.07‑acre open lot with views in Charlotte’s Biddleville/West End corridor; Zoned NC (Neighborhood Center) allowing for a mix of residential, commercial, and service uses; Located in the Pedestrian Overlay District with an urban setback structure: 0 ft setback on one side and 5 ft on the other
More about this property
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