219 Lk Cornelius Blvd Davidson, NC 28036
This exceptional 3.176-acre commercial waterfront property presents a unique investment opportunity in Davidson, North Carolina. Strategically located off I-77 and Griffith Street, this land boasts strong visibility from the interstate, making it ideal for a variety of commercial ventures. The property is zoned Central Business District (CBD), allowing for a wide range of permitted uses, including professional services, commercial services, conference centers, and hotels. Preliminary approval has already been obtained for a six-story hotel and conference center development, encompassing a 26,289 square foot building footprint with a capacity for 130 keys. The site's prime location, combined with its waterfront access and favorable zoning, positions it for significant development potential. Situated at 219 Lake Cornelius Blvd, Davidson, NC 28036, in Mecklenburg County, this property offers unparalleled access and visibility. This is a rare chance to acquire a substantial waterfront parcel in a thriving North Carolina market, ready for immediate development or future investment. The property's size and location make it an attractive proposition for developers seeking a high-impact commercial project. Don't miss this opportunity to secure a piece of prime Lake Norman real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.