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    3119 Shenandoah Ave Charlotte, NC 28205

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    For Sale
    $449,900

    Quarter acre lot near future mixed development and light rail.

    Property Features for 3119 Shenandoah Ave

    General Information

    Standard status
    Active

    Source: COMPASS Agent STEPH KRONEN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Commonwealth Park

    This quarter-acre lot is located in the Commonwealth Park neighborhood on a private cul-de-sac with no through traffic. The property is positioned within walking distance of the Plaza Midwood area and a new, upcoming mixed-use development at Central and Pecan, featuring restaurants, retail spaces, luxury apartments, and a hotel. The Gold Line City Lynx project is being extended nearby, placing the property within walking distance of light rail access. A Silver Line is also proposed along Independence Blvd. ATT fiber optics are available for the property. The owner does not have a survey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.795495
    Latitude
    35.2078988

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    FAQs

    What type of property is this?
    Land - Quarter acre lot near future mixed development and light rail.
    Where is this land located?
    The property is located at 3119 Shenandoah Ave Charlotte, NC.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Prime location in popular Commonwealth Park, ideal for building a custom home.; - Quarter-acre lot on a private cul-de-sac with no through traffic.; - Walking distance to the future Central/Pecan mixed-use development with restaurants, retail, apartments, and a hotel.
    (704) 234-7880
    Request Owner's contact information
    3119 Shenandoah Ave Charlotte, NC 28205
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    Charlotte, NC 28205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3119 Shenandoah Ave Charlotte, NC 28205
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