0 Catawba Ave Cornelius, NC 28031
This exceptional 1.54-acre lot presents a unique development opportunity in Cornelius, NC. Located at 0 W Catawba Ave, this property boasts 240+ feet of road frontage on West Catawba Avenue and sits at a prime corner location with Silver Quay Drive. The parcel, APN 00148352, is zoned Neighborhood Mixed, allowing for a variety of uses including office, retail, and restaurant establishments. Water and sewer are readily available with existing taps. A vested watershed plan is in place, streamlining the development process. This property offers unparalleled convenience, situated just 2.2 miles from I-77 exit 28, 3 miles from Birkdale Village and I-77 exit 25, and 9.7 miles from Charlotte's I-485 outer belt. The asking price is $1,050,000. An adjacent lot (Parcel ID 00148351) is also available for purchase, either individually or together with this property. This presents a rare chance to acquire a significant land parcel in a thriving area with excellent access to major transportation arteries and established amenities. The property's strategic location and versatile zoning make it an ideal investment for developers seeking a high-impact project.
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
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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.