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1117 Parkwood Ave
Charlotte, NC 28205
Land For Sale · 0.19 AC

Investment Highlights

  • Heavy Daytime Traffic
  • Immediate proximity to Optimist Park and NoDa

Executive Summary

Prime redevelopment site located on the signalized corner of Parkwood Avenue and Pelgram Street in one of Charlotte’s fastest appreciating urban corridors. The ±0.193-acre parcel, zoned CG (General Commercial), offers excellent visibility and access in a high-growth area experiencing significant retail and multifamily development.
Ideally positioned just 3 minutes from Plaza Midwood and NoDa and 6 minutes from Uptown Charlotte, the property sits in the path of continued urban investment and neighborhood revitalization.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
Total Lot Size 0.19 AC
No. Stories 1
Zoning CG - General Commercial

1 Lot Available

Lot

Lot Size 0.19 AC

Description

Positioned at the intersection of Villa Heights, Plaza Midwood, and Belmont, 1117 Parkwood Avenue offers a rare infill opportunity within one of Charlotte’s most dynamic urban corridors. The site benefits from immediate proximity to Optimist Park and NoDa, placing it within minutes of some of the city’s most active retail, dining, and entertainment districts, while maintaining strong connectivity to Uptown. This location captures overlapping demand drivers—rapid residential growth in Villa Heights, the established lifestyle and walkability of Plaza Midwood, and Belmont’s proximity to the urban core—creating a highly desirable environment for residential, mixed-use, or boutique commercial development.

Property Taxes

Property Taxes

Parcel Number
083-092-12
Land Assessment
$455,900
Improvements Assessment
$104,500
Total Assessment
$560,400
  • Listing ID: 40319895

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 1117 Parkwood Ave, Charlotte, NC 28205

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