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Commercial Land with Automotive Overlay
For Sale
$2,800,000

20362 Chartown Drive, Cornelius, NC 28031

COMMERCIAL - Cornelius, NC

Property SizeContact for details
Lot Size4.12 Acres
Days on Market555

Property Features for 20362 Chartown Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CZ(MPD)
Standard status Active
APN 005-131-17
Lot size 4.12 Acres

Taxes and HOA fees

Tax Description Metes and Bounds
Legal Description Metes and Bounds
Listing Agency: Newport Properties
Listed By: Kimberly Thaxton · License #201151
Added: Feb 9, 2025 Changed: Aug 4 Last Checked: Aug 18 at 3:06PM
MLS# 4218002

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.

The offering consists of a 4.12-acre commercial land assemblage formed by adjoining 2.85-acre and 1.26-acre parcels. The property carries an automotive overlay, and the site has been identified for potential car dealership development as well as a large office project. Any proposed plan remains subject to approval by the Town of Cornelius.

The land is positioned on HWY 77 near a new Jeep dealership. The 1.26-acre parcel was rezoned for a 10,000 ft boat dealership and may be rezoned again in coordination with the adjoining parcel. The property is addressed at 20362 Chartown Drive in Cornelius, Mecklenburg County, North Carolina.

Key Highlights

  • 4.12‑acre commercial land assemblage combining 2.85‑acre and 1.26‑acre parcels
  • Automotive overlay supports consideration of car dealership development
  • Located on HWY 77 near a new Jeep dealership

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Parking Lot & Garage Pharmacy Food Market

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

784
Businesses Nearby

Demographics for 28031, NC

30,836
Population
14,194
Households
2.2
Avg Household Size
43
Median Age
61%
College-Educated
97%
High-School Grad
14.0 sq mi
ZIP Area
2,203
Density / Sq Mi
$115,746
Median Household Income
$65,377
Median Earnings
$1,587
Median Rent
$497,400
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 - Adjoining parcels support consideration of automotive or office development, with plans subject to town approval.
Where is this commercial land located?
The property is located at 20362 Chartown Drive Cornelius, NC.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 4.12‑acre commercial land assemblage combining 2.85‑acre and 1.26‑acre parcels; Automotive overlay supports consideration of car dealership development; Located on HWY 77 near a new Jeep dealership
More about this property
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