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801 Kenilworth AveCharlotte, NC 28204

Prime 1.26-acre lot, CAC-2 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.26-acre development opportunity is located in Charlotte's highly sought-after Midtown area, at the intersection of Kenilworth Avenue and Harding Place. The property boasts a recently updated CAC-2 (Community Activity Center-2) zoning designation, permitting by-right development for a wide array of uses, including office, medical office, and apartments up to 120 feet in height. Utilizing the City of Charlotte's Urban Development Ordinance bonus system, an additional 80 feet of height is achievable, potentially allowing for a building up to 200 feet tall. This prime location offers unparalleled access to Uptown Charlotte's robust employment base, including major employers like Wells Fargo, Bank of America, and Duke Energy. Its proximity to the Pearl Innovation District, a $1.5 billion mixed-use development featuring Charlotte's first four-year medical school, further enhances its investment potential. The site's "gateway to Uptown" location provides excellent walkability to numerous restaurants, amenities, and the Morehead neighborhood. Nearby, Atrium Health Carolinas Medical Center (with over 1,100 employees and a recent 1.1 million square foot expansion) and major retail centers like Metropolitan and Midtown Crossing (featuring Target, Best Buy, and more) offer strong supporting demographics. The average household income in the Midtown area is $176,390, reflecting a robust and affluent market. The property includes three addresses: 801 Kenilworth Ave, 1301 Harding Pl, and 1309 Harding Pl, all in Charlotte, NC 28204. The site's total square footage potential ranges from 1,680 to 3,897 square feet, depending on the development plan. The APN numbers are 12521201

Highlights

  • Recently rezoned CAC-2, allowing development up to 200 feet.
  • High-profile Midtown Kenilworth location, 26,500 vehicles per day.
  • Development plans for 200 mid-rise or 300 high-rise units (with bonuses).
  • Less than 0.5 miles from Atrium Health Carolinas Medical Center (1,100+ employees).
  • Half-mile proximity to the $1.5B+ Pearl Innovation District (Atrium/Wexford).

Property Details for 801 Kenilworth Ave

Property type
Apartment buildings
Square Feet
1,680 SF
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2094614
Longitude
-80.8379951
801 Kenilworth Ave, Charlotte, North Carolina

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801 Kenilworth Ave
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