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1027 Belmont Ave
Charlotte, NC 28205
Belmont Town Center Land · Land For Sale · 0.69 AC

Investment Highlights

  • ±0.6-acre infill parcel in a high-demand urban submarket
  • Consistent with Charlotte 2040 Plan policies promoting compact growth and missing-middle housing
  • Walkable neighborhood context with strong surrounding residential and commercial activity
  • UR-3(CD) zoning supports higher-density urban residential development via approved site plan. Seller will consider a “Subject to Rezoning" offer
  • Ideal for a wide variety of urban infill uses
  • Rare opportunity in a supply-constrained, plan-supported growth area

Executive Summary

Rare infill development opportunity in one of Charlotte’s most desirable urban neighborhoods. This ±0.69-acre site is zoned UR-3(CD) (Urban Residential – Conditional). Buyer can possibly develop according to current conditional site plan or Owner will consider selling subject to rezoning. The site lends itself to a variety of high-density development concepts including townhomes, small apartment projects, neighborhood retail, food and beverage and creative mixed use infill concepts.
Located just minutes from NoDa, Plaza Midwood, Elizabeth, Uptown Charlotte, and Optimist Hall, the property sits in a highly walkable area with a true neighborhood feel, strong demand drivers, and proximity to employment, dining, retail, and transit corridors. The surrounding context supports higher density residential uses, making this an excellent opportunity for developers seeking scale in a supply-constrained submarket.
The UR-3(CD) designation allows for attached residential and small-scale multifamily development subject to an approved conditional site plan, providing flexibility to deliver context-sensitive density consistent with adopted UDO standards. The site is well-suited for townhomes, boutique multifamily, neighborhood retail, restaurant and mixed use aligning with the City’s emphasis on infill development, efficient land use, and housing diversity near activity centers and employment nodes.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
  • Building in Shell Condition
  • REO Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Tienda de conveniencia
  • Restaurant
  • Single Family Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.69 AC
Cross Streets Allen Street
Zoning UR-3 CD - Improvements on site are remnants of an abandoned plan. See rezoning file:

1 Lot Available

Lot 1

Lot Size 0.69 AC

±0.69-acre premier infill opportunity in one of Charlotte’s most sought-after urban submarkets. UR-3(CD) or buyer-driven rezoning supports high-density residential or mixed-use development

Description

Located minutes from NoDa, Plaza Midwood, Elizabeth, Uptown Charlotte, and Optimist Hall, the property benefits from proximity to transit corridors, commercial services, and established neighborhoods—key implementation goals of the 2040 Plan focused on walkability, reduced vehicle dependency, and neighborhood-scale density transitions.

Property Taxes

Property Taxes

Parcel Number
081-128-04
Land Assessment
$1,369,968 CAD
Improvements Assessment
$5,434,438 CAD
Total Assessment
$6,804,406 CAD
  • Listing ID: 37921940

  • Date on Market: 2025-10-02

  • Last Updated:

  • Address: 1027 Belmont Ave, Charlotte, NC 28205

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