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Property profile & analytics
OFF-MARKET
Land

219 Lk Cornelius Blvd Davidson, NC 28036

3.18 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.18 ac (138,347 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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